Welcome!

@ThingsExpo Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Elizabeth White, Zakia Bouachraoui

News Feed Item

MetraTech Kicks off 2014 with Dual Awards for Best eCommerce and Billing Platform and Innovation in Complex B2B Billing and Partner Settlement

MetraTech Corp., the leading provider of Agreements-Based Billing™, commerce and settlement solutions, today announced that the Software and Information Industry Association (SIIA), the principal trade association for the software and digital content industries, recognized MetraTech’s MetraNet as the 2014 Best eCommerce & Billing Platform. Frost & Sullivan also recently recognized MetraTech with its Stratecast Global Technology Innovation in Complex Relationship Billing Award.

The only peer-reviewed awards program, SIIA CODiE Award winners represent the software and information industry’s best products, technologies and services created by or for media, publishers and information services providers. MetraNet met the e-commerce and billing platform category requirements because it’s specifically designed to support customized revenue collection such as subscription billing, single issue and content sales for media, publishers and information providers.

Stratecast | Frost & Sullivan recognizes that communications providers have evolved from offering network access to offering services from a complex ecosystem of content partners. This, along with an upswing in B2B services with unique contract-defined customer requirements, enabled MetraTech’s Agreements-Based Billing and Behavioral Billing™ approach to billing and settlement to stand out among peers.

“Very few suppliers can deliver the same level of billing and partner settlement options to customers as MetraTech,” said Karl Whitelock, director of global OSS/BSS strategy at Stratecast | Frost & Sullivan. “MetraTech will continue to grow as the global community realizes the capabilities that the company offers. While competitors will attempt to follow its lead, MetraTech’s technical innovations will be difficult to duplicate.”

MetraTech Chief Marketing Officer Esmeralda Swartz said, "Both the CODiE and the Stratecast | Frost & Sullivan awards validate that MetraTech’s MetraNet® platform is unique in supporting a range of models from subscriptions to usage-based models with complex B2B billing and partner settlement on a single platform. No other billing platform empowers businesses to monetize services the way they want and not be limited by what their billing platform can provide.”

For service providers, managing multiple B2B relationships with solution partners for services such as M2M, m-Commerce, cloud and digital services, and delivering a more personalized “sticky” experience for customers is critical. To manage these complex relationships, including settlement to a growing partner base, companies must adopt new business solutions to support an empowered quote-to-cash experience for customers and partners.

MetraTech’s enterprise-grade rating, pricing, invoicing and settlement platform enables organizations to manage all billing and settlement agreements based on the changing needs of the enterprise with the flexibility to support subscriptions, usage-based services, negotiated business-to-business agreements, multi-sided business models and cross-product discounting and bundling.

Additional resources:

MetraTech blog: http://bit.ly/141OHwE

MetraTech on Twitter: http://bit.ly/162XVXo

MetraTech on Facebook: http://on.fb.me/14EuIDt

About MetraTech

MetraTech Corp. simplifies and enables global commerce innovation, while helping businesses respond to an ever-changing customer and partner relationship landscape. We empower businesses to embrace change through a unique agreements-based billing, commerce and settlement solution that models and supports fluid, personalized, multi-party agreements for customers, partners and suppliers. We automate business processes and business models to address rapidly changing or complex business strategies. Our products are deployed globally, and our customers use MetraTech to innovatively create and securely collect revenue, provide settlement to partners and manage their customer lifecycle in 36 languages, 28 currencies and 150 countries. Customers include Achilles, Arkadin, Bell, Cetip, The City of Chicago, Concur, the Depository Trust and Clearing Corporation (DTCC), GRU São Paulo International Airport, FlexITy, GXS, InterCall, LifeLock, mBlox, Microsoft, PGi, TeliaSonera, TELUS, and TELMORE. The company is headquartered in Boston, with offices in London, Paris and Rio de Janeiro. MetraTech is a venture-backed, privately held company whose investors include Accel Partners and Vesbridge Partners. For more information, please visit www.metratech.com/company.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...