goTransverse takes top marks for product and management; receives positive outlook in industry benchmark of agile billing solutions
AUSTIN, Texas—March 8, 2016 — goTransverse, the award-winning leader in innovative monetization solutions, today announced it has been listed among the top-rated cloud-based agile monetization platforms in the latest MGI 360™ Market Ratings Report. The 2016 ranking represents a 36 percent increase in the rating for goTransverse’s flagship Consumption-to-CashTM platform, TRACT®, since MGI Research began tracking agile monetization solutions in 2013.
“goTransverse’s flexible and integrated platform enables high growth companies to quickly deploy a robust, scalable and compliant monetization capability. Our focus on a consultative approach to solving monetization challenges has translated into growing market acceptance, increased customer satisfaction and is helping companies across a spectrum of industries and geographies to radically accelerate new digital business initiatives,” said James Messer, CEO of goTransverse.
MGI 360 Ratings is a comprehensive structured system for evaluating technology companies. It is based on a simple scale of 0 to 100 combined with an analyst outlook (Positive, Negative or Neutral). The full MGI 360™ report, “Agile Billing Market Rating Report,” is available for download here.
MGI Research pioneered the concept of agile billing in 2013, which it defines as “a capability to rapidly monetize new and evolving business opportunities.” In the 2016 report, the firm notes an increasing demand for cloud-based billing solutions with “over 20 percent of F[ortune] 1000 companies [expected to adopt] an Agile Monetization Platform by 2020.”
In addition to rating goTransverse’s overall outlook as “positive,” MGI Research also noted that “companies seeking sophisticated monetization and financial management functionality beyond simple subscriptions should shortlist goTransverse.”
“We see a dramatic, across the board improvement in goTransverse focus, execution and market presence”, said Andrew Dailey, Managing Director of MGI Research.
goTransverse powers leading-edge companies who push conventional boundaries with disruptive product and services offerings. The TRACT® platform supports the monetization of any combination of one-time, subscription, and usage-based offerings with near real-time metering, rating and native revenue recognition. The result is top-line revenue growth, faster time-to-market, visibility into revenue streams and operational savings. Our customer base includes publicly traded and privately held companies typically technology-focused in cloud solutions, digital entertainment and media, Internet of Things (IoT), logistics and hosting/managed services. Visit www.gotransverse.com to learn more.
SHIFT Communications for goTransverse