STOCK TITAN

Zuora Recognized as a Leader in 2024 Gartner® Magic Quadrant™ for Recurring Billing Applications

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Zuora (NYSE: ZUO) has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Recurring Billing Applications, placing furthest in Completeness of Vision. The Zuora Monetization Suite enables companies to power diverse revenue models, including usage-based, subscription, and hybrid offerings.

Pete Hirsch, Chief Product and Technology Officer at Zuora, emphasized the company's role in predicting and leading the shift from one-time transactions to recurring revenue businesses. The Zuora platform provides flexible, modular software for billing, payments, and revenue accounting, designed to support any business model.

The Gartner Magic Quadrant offers a comparative view of technology providers in markets with high growth and distinct provider differentiation. Zuora's recognition reinforces its position as a leading solution for companies looking to evolve their monetization strategies in line with customer demand.

Zuora (NYSE: ZUO) è stata riconosciuta come Leader nel Magic Quadrant™ di Gartner® 2024 per le Applicazioni di Fatturazione Ricorrente, posizionandosi al massimo per Completezza della Visione. La Zuora Monetization Suite consente alle aziende di gestire modelli di ricavo diversificati, inclusi modelli basati sull'uso, abbonamenti e offerte ibride.

Pete Hirsch, Chief Product and Technology Officer di Zuora, ha sottolineato il ruolo dell'azienda nel prevedere e guidare il passaggio dalle transazioni una tantum alle aziende con ricavi ricorrenti. La piattaforma Zuora offre software modulare e flessibile per fatturazione, pagamenti e contabilità dei ricavi, progettato per supportare qualsiasi modello di business.

Il Magic Quadrant di Gartner offre una visione comparativa dei fornitori di tecnologia in mercati ad alta crescita e con una chiara differenziazione dei fornitori. Il riconoscimento di Zuora rafforza la sua posizione come soluzione leader per le aziende che desiderano evolvere le proprie strategie di monetizzazione in linea con la domanda dei clienti.

Zuora (NYSE: ZUO) ha sido reconocida como Líder en el Magic Quadrant™ de Gartner® 2024 para Aplicaciones de Facturación Recurrente, posicionándose en la parte más alta de Completud de Visión. La Zuora Monetization Suite permite a las empresas gestionar modelos de ingresos diversos, incluyendo ofertas basadas en uso, suscripciones e híbridas.

Pete Hirsch, Director de Producto y Tecnología en Zuora, enfatizó el papel de la compañía en prever y liderar el cambio de transacciones únicas a negocios de ingresos recurrentes. La plataforma Zuora proporciona software modular y flexible para facturación, pagos y contabilidad de ingresos, diseñado para apoyar cualquier modelo de negocio.

El Magic Quadrant de Gartner ofrece una vista comparativa de los proveedores de tecnología en mercados de alto crecimiento y con diferenciación clara de proveedores. El reconocimiento de Zuora refuerza su posición como una solución líder para las empresas que buscan evolucionar sus estrategias de monetización de acuerdo con la demanda del cliente.

Zuora (NYSE: ZUO)는 정기 청구 애플리케이션에 대한 2024 Gartner® 매직 쿼드런트™에서 리더로 인정받았으며, 비전 완전성에서 가장 높은 점수를 받았습니다. Zuora Monetization Suite는 회사가 사용 기반, 구독 및 하이브리드 제공을 포함한 다양한 수익 모델을 관리할 수 있도록 지원합니다.

Zuora의 최고 제품 및 기술 책임자(Pete Hirsch)는 일회성 거래에서 반복 수익 사업으로의 전환을 예측하고 이끌어내는 회사의 역할을 강조했습니다. Zuora 플랫폼은 청구, 지불 및 수익 회계에 대한 유연하고 모듈화된 소프트웨어를 제공하며, 모든 비즈니스 모델을 지원하도록 설계되었습니다.

Gartner 매직 쿼드런트는 고성장 시장에서 기술 제공업체를 비교하는 방법을 제공합니다. Zuora의 인식은 고객 수요에 맞춰 수익화 전략을 발전시키고자 하는 기업을 위한 선도적인 솔루션으로서의 입지를 강화합니다.

Zuora (NYSE: ZUO) a été reconnue comme Leader dans le Magic Quadrant™ de Gartner® 2024 pour les Applications de Facturation Récurrente, se positionnant au mieux en termes de Complétude de Vision. La Zuora Monetization Suite permet aux entreprises de gérer des modèles de revenus diversifiés, y compris des offres basées sur l'utilisation, par abonnement et hybrides.

Pete Hirsch, Directeur Produit et Technology chez Zuora, a souligné le rôle de l'entreprise dans la prédiction et la direction du passage de transactions uniques à des entreprises à revenus récurrents. La plateforme Zuora propose un logiciel modulaire et flexible pour la facturation, les paiements et la comptabilité des revenus, conçu pour soutenir tout modèle d'affaires.

Le Magic Quadrant de Gartner offre une vue comparative des fournisseurs de technologie sur des marchés en forte croissance et avec une différenciation claire entre les fournisseurs. La reconnaissance de Zuora renforce sa position en tant que solution de pointe pour les entreprises souhaitant faire évoluer leurs stratégies de monétisation en fonction de la demande des clients.

Zuora (NYSE: ZUO) wurde als Leader im Gartner® Magic Quadrant™ 2024 für wiederkehrende Abrechnungsanwendungen anerkannt und belegte den ersten Platz in der Vollständigkeit der Vision. Die Zuora Monetization Suite ermöglicht es Unternehmen, verschiedene Geschäftsmodelle zu realisieren, einschließlich nutzungsbasierter, abonnierter und hybrider Angebote.

Pete Hirsch, Chief Product and Technology Officer bei Zuora, betonte die Rolle des Unternehmens bei der Vorhersage und der Führung des Wandels von einmaligen Transaktionen hin zu wiederkehrenden Umsatzmodellen. Die Zuora-Plattform bietet flexible, modulare Software für Abrechnung, Zahlungen und Umsatzbuchhaltung, die darauf ausgelegt ist, jedes Geschäftsmodell zu unterstützen.

Der Gartner Magic Quadrant bietet eine vergleichende Sicht auf Technologielieferanten in schnell wachsenden Märkten mit klarer Anbieter-Differenzierung. Die Anerkennung von Zuora stärkt die Position als führende Lösung für Unternehmen, die ihre Monetarisierungsstrategien gemäß der Kundennachfrage weiterentwickeln möchten.

Positive
  • None.
Negative
  • None.

Zuora placed furthest in Completeness of Vision

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Zuora Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced that Zuora has been positioned by Gartner as a Leader in the Magic Quadrant for Recurring Billing Applications for the Zuora Monetization Suite.1 The evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute. Within the quadrant, Zuora was placed furthest in Completeness of Vision.

“It is an honor to be recognized as a Leader in the Recurring Billing Applications Magic Quadrant, which we believe reaffirms Zuora’s ability to enable flexible monetization at scale for any business model,” said Pete Hirsch, Chief Product and Technology Officer at Zuora. “Zuora predicted and led the shift from one-time transactions to the proliferation of recurring revenue businesses, and as momentum increases for usage-based and hybrid models, we now offer the most complete monetization suite to help companies evolve how they monetize with customer demand.”

The Zuora Monetization Suite enables companies to power a dynamic mix of revenue models, pricing and packaging, including usage-based models, subscriptions and hybrid offerings. From billing to payments and revenue accounting, Zuora provides a flexible, modular software platform designed to help companies power any business model.

A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market’s competitors. A Magic Quadrant provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct: Leaders, Challengers, Visionaries and Niche Players. The research enables you to compare a technology provider’s strengths and challenges with your specific needs.

View a complimentary copy of the Magic Quadrant report here.

Gartner Disclaimer

Gartner, Magic Quadrant for Recurring Billing Applications, Mark Lewis, Robert Anderson, 6 August 2024.

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

______________________

1 Source: Gartner, “Magic Quadrant for Recurring Billing Applications,” August 2024.

About Zuora, Inc.

Zuora provides a leading monetization suite to build, run and grow a modern business through a dynamic mix of usage-based models, subscription bundles and everything in between. From pricing and packaging, to billing, payments and revenue accounting, Zuora’s flexible, modular software platform is designed to help companies evolve monetization strategies with customer demand. More than 1,000 customers around the world, including BMC Software, Box, Caterpillar, General Motors, The New York Times, Schneider Electric and Zoom use Zuora’s leading combination of technology and expertise to turn recurring relationships and recurring revenue into recurring growth. Zuora is headquartered in Silicon Valley with offices in the Americas, EMEA and APAC. To learn more, please visit zuora.com.

Forward-Looking Statements

This press release may be deemed to contain forward-looking statements. Words such as "plan," “expect” and "will" and variations of such words and similar expressions are intended to identify forward-looking statements. Such forward-looking statements involve risks and uncertainties. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release.

Information on these risks and additional risks and uncertainties that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this release is included under the caption “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended January 31, 2024 and the Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2024, which is available on the “Investors” page of our website at https://investor.zuora.com and on the U.S. Securities and Exchange Commission’s website at www.sec.gov. Additional information will also be set forth in other documents that we may file from time to time with the Securities and Exchange Commission. All forward-looking statements contained herein are based on information available to us as of the date hereof. Except to the extent required by law, we do not assume any obligation to update these statements as a result of new information, future events, or otherwise.

© 2024 Zuora, Inc. All Rights Reserved. Third party trademarks mentioned above are owned by their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any third parties of Zuora, Inc. or any aspect of this press release.

SOURCE: ZUORA, INC.

Media Contact:

Margaret Juhnke

press@zuora.com

619-609-3919

Investor Relations Contact:

Luana Wolk

investorrelations@zuora.com

650-419-1377

Source: Zuora Inc.

FAQ

What recognition did Zuora (ZUO) receive in the 2024 Gartner Magic Quadrant?

Zuora (ZUO) was recognized as a Leader in the 2024 Gartner Magic Quadrant for Recurring Billing Applications, placing furthest in Completeness of Vision.

What types of revenue models does Zuora's Monetization Suite support?

Zuora's Monetization Suite supports a dynamic mix of revenue models, including usage-based models, subscriptions, and hybrid offerings.

How does Zuora's platform help companies with their monetization strategies?

Zuora provides a flexible, modular software platform that covers billing, payments, and revenue accounting, enabling companies to power any business model and evolve their monetization strategies in line with customer demand.

What is the significance of Zuora's position in the Gartner Magic Quadrant?

Zuora's position as a Leader in the Gartner Magic Quadrant reaffirms its ability to enable flexible monetization at scale for various business models and reinforces its standing in the recurring billing applications market.

When was the Gartner Magic Quadrant for Recurring Billing Applications released?

The Gartner Magic Quadrant for Recurring Billing Applications referenced in the press release was published on August 6, 2024.

Zuora, Inc.

NYSE:ZUO

ZUO Rankings

ZUO Latest News

ZUO Stock Data

1.53B
142.50M
1.69%
77.74%
2.25%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
REDWOOD CITY