SAP Hybris Billing Solution Recognized for Solid Management Team, Strength in Financial and Operating Performance and Channel Depth
MUNICH – June 1, 2016
SAP Hybris, a leading provider of omnichannel customer engagement and commerce solutions, today announced it has been named a leader in MGI Research’s 360 Market Ratings Report (MRR) in the Agile Billing Market.
“As digital disruption continues to impact virtually every business, we have developed a solution that empowers businesses to improve their revenue streams and better innovate their business models,” said Brian Walker, chief strategy officer, SAP Hybris. “We are honored that MGI Research has named us a leader in the agile billing space and recognized our ability to scale to meet our customers’ needs. SAP Hybris Billing is a core component of our customer engagement and commerce portfolio, allowing our customers to foster a closer relationship between brands and their customers, eliminating the need for a separate platform to service these new revenue models.”
According to the MGI Research’s 360 Market Ratings Report, SAP Hybris Billing is viewed as the current leader in the billing management space and the highest rated company in the product capability category. The product ranks 11 percent higher than the peer average in this category. SAP Hybris billing is noted by MGI Research as being a sophisticated solution with proven high-end deployments. The solution also allows businesses to rapidly launch customer-centric subscription offers that provide a competitive advantage, exploit fast-moving market opportunities by quickly changing customer pricing and partner revenue-sharing models, and increase efficiency with a billing and revenue management solution that integrates the entire order-to-cash process and provides a low total cost of ownership.
The report also states, the SAP Hybris Billing solution stands apart from the competition in its extreme scalability, with some customers exceeding a billion transactions per day. The ability to scale with a company’s business growth makes SAP Hybris Billing the ideal billing solution for any organization, regardless of how complex the business model may be.
TELUS, a leading Canadian telecommunications company, has experienced success with SAP Hybris Billing first hand: “SAP Hybris Billing’s real-time rating and charging platform has allowed us to provide our subscribers with an improved customer experience. The platform is also a key enabler for us as we develop new types of services that are outside of the traditional telecommunications realm,” said Ibrahim Gedeon, CTO, TELUS. “We now have the foundation to quickly design new service types, pricing models and offerings.”
Download a copy of the MGI 360 Market Ratings report here.
MGI Research is an independent industry research and advisory firm focused on disruptive trends in business and technology. It is the only firm with a dedicated focus on business model disruption and agile monetization. MGI has a quantitative research and ratings methodology, and helps clients envision subscription and “as a service” business models, identify process and IT gaps, and evaluate potential technology solutions. Founded in 2008 by a group of senior analysts and executives from firms such as Gartner, Soundview and Morgan Stanley, MGI Research applies highly quantitative and structured methods in creating decision support frameworks for its clients, and has a number of proprietary industry metrics, benchmarks and indices such as the MGI Cloud30 Index, and the MGI 360 Ratings. Through its research, ratings, advisory engagements, industry studies and conferences, MGI Research helps clients identify opportunities for reducing IT costs and minimize technology risks.
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