Though the market showed some instability in the fourth quarter, investors remain bullish with regards to the continued growth of the cloud billing and recurring revenue market.
An Incyte Group report suggests that almost half of all US businesses currently have or are considering implementing recurring revenue offerings which, unlike traditional business models built around upfront fees or one-time transactions, focus on smaller, continual, subscription-based trades.
This morning, top ranked cloud billing company Aria Systems announced a significant investment round in endeavors to accelerate the worldwide enterprise billing space to its expected 2020 mark of $14.8 billion.
