Zuora Launches Billing Service For Cloud Providers

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We’ve written about Zuora, a SaaS startup that offers online services to manage and automate customer subscriptions and payments, and its impressive backing. And the startup just signed over $1 billion in contracted subscription revenue in the first quarter of its new fiscal year, which ended April 30. Today, Zuora is announcing a subscription billing model for cloud computing, called Z-Commerce for the Cloud.

Zuora’s cloud-based billings platform aims to alleviate the need for online businesses to develop their own billing systems, especially to handle recurring payments like those associated with subscriptions.

Z-Commerce for the Cloud enables cloud providers to automate metering, pricing and billing for products, bundles, and configurations. Cloud providers can charge users per terabyte stored, IP address, gigabyte transferred, CPU instance, application user, and more. The service also includes 20 pre-built cloud charge models, including on demand, reservation, location-based, and off-peak pricing, with the ability to configure these models. And Z-commerce includes an online, PCI-compliant storefront that allows customers to make purchases, to manage their accounts, and to monitor usage in a self-service manner.

Z-Commerce for the Cloud is already being used by Cloud Central, EMC, IC&S, Nu-b, Sun, Tata, and Zetta. Zuora has seen fairly significant growth over the past year; so it’s safe to assume that this product should only help the company continue this path.

  • http://www.enterpriseirregulars.com/20895/zuora-and-the-subscription-economy/ Zuora and the Subscription Economy

    […] Last week, Zuora released its Z-Commerce for the Cloud service, an upgrade to its billing and payment service that is built for, guess who, cloud providers. What makes it interesting as a service is that its the first external service (SaaS) that actually understands the complex billing models of the cloud providers which account for not only monthly subscription fees, but also have to think about automated metering, pricing and billing for products, bundles, and highly individualized/specific configurations. So for example, storage as a service – one of the components of cloud platforms – is able to charge for terabytes of storage used, or IP address usage, or data transfer charges.  Or, cloud providers can structure a per CPU instance charge or per application use charge. It can take complexities like peak usage into account.  In other words, Zuora as they always do, figured it out. In fact, they’ve provided 20 pre-configured templates for the billing and payment models that cloud providers use – which tells you how confusing a market this can be.  Not to Zuora though. […]

  • http://jetlib.com/news/2010/11/09/zuora-rings-up-20-million-for-billings-as-a-service-platform/ Zuora Rings Up $20 Million For Billings-As-A-Service Platform | JetLib News

    […] startup just released a billing service for cloud providers, Z-Commerce for the Cloud, which automates metering, pricing […]

  • http://www.excite4.com/home/techcrunch/zuora-rings-up-20-million-for-billings-as-a-service-platform/ Zuora Rings Up $20 Million For Billings-As-A-Service Platform | Excitement For All

    […] startup just released a billing service for cloud providers, Z-Commerce for the Cloud, which automates metering, pricing […]

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