SOURCE: Aria Systems

Aria Systems

October 14, 2010 08:00 ET

Aria Systems Expands Global 2000 Customer Base to Reinforce Cloud Billing Market Leadership

Industry Innovator Closes Record Third Quarter; Empowers World's Largest Companies to Drive New Recurring Revenue Streams

SAN MATEO, CA--(Marketwire - October 14, 2010) -  Aria Systems, Inc. (http://www.AriaSystems.com), the leading provider of cloud billing and subscription management solutions, today announced another record quarter of growth, highlighted by key customer wins with large global corporations. The company continues to lead the cloud billing market with broad industry adoption and a rapidly-growing presence in the cloud computing segment.

Broad Industry Traction

In the company's third quarter, Aria Systems signed new contracts with Global 2000 companies across multiple industries including entertainment, manufacturing and financial services. By choosing Aria as their billing and subscription management provider, customers are demonstrating the growing adoption of cloud monetization solutions to ideally address the sophistication, scale and rapid deployment model required for a competitive advantage. Beyond the Global 2000, Aria Systems' recent customer wins also validate the Aria platform's broad applicability for monetizing recurring revenue streams across diverse industries. The company added new customers in the third quarter across Europe, North America and the Middle East from traditional verticals such as consumer electronics and enterprise software, as well as emerging and high-growth segments including cloud computing, social networking and green technology.

Continued Customer Success

To further illustrate end user successes, Aria also showcased Q3 customer deployments.

  • In July, the company announced that Lionbridge, a leading provider of translation, development and testing solutions, worked with Aria Systems and Dominion Digital to deliver Lionbridge's GeoWorkz.com ecommerce site, featuring Translation Workspace, the company's first on-demand commercial software application. The Aria-based commerce solution automates client registration and activation, fee calculation, invoicing and collections in more than 100 countries; it is also fully compliant with all local tax, Value-Added Tax (VAT) and statutory reporting requirements.
  • In September, Aria announced that Taleo, the leading provider of on-demand Talent Management solutions, deployed Aria to support the rapid expansion of Talent Exchange, which provides Taleo customers with an effective no-cost/low-cost talent sourcing option.

Partner Traction and Cloud Computing Innovation

In August, at VMworld 2010, Aria announced the Aria Cloud Revenue Adapter for VMware vCloud™ Director. Designed for VMware vCloud service provider partners that offer cloud services to end users, the new product integrates with the VMware solution portfolio to automate service activation, usage tracking, billing and collections. Aria Systems and VMware collaborated to enable automatic synchronization of customer account information between the two systems, as well as flat-fee and usage information for VMware vCloud Director including instances, storage, CPU, memory and network bandwidth. The integrated solution makes it easy for VMware vCloud service providers to harness the tremendous revenue-generation opportunity of cloud services. Network World featured the first-of-its kind offering among "The Hottest Virtualization Products at VMworld" alongside offerings from Citrix, EMC, HP and others.

"Global 2000 companies across almost every industry now have a clear choice for automating recurring revenues, delivered with the cost and flexibility advantages of cloud computing," said Mike Morini, CEO at Aria Systems. "Aria Systems is uniquely positioned to address the needs of the world's largest organizations; our phenomenal third quarter results speak to our technology breadth and depth, commitment to customer needs, and continued focus on innovation in cloud billing through product evolution."

About Aria Systems
Aria Systems is the leader in on-demand billing and subscription management solutions. Since its inception in 2003 as the pioneer in SaaS billing, Aria has grown rapidly to manage millions of accounts in every country in the world and spanning a wide range of industries. The Aria Billing and Subscription Management Platform is the industry's most reliable, flexible and scalable on-demand platform for organizations looking to accelerate recurring revenue capture while significantly reducing operating costs. Aria Systems also leads the market in security and compliance as the only vendor to have achieved both SAS 70 Type II certification as well as PCI DSS Level 1 compliance for the entire billing management process. Aria's team is comprised of industry veterans that have managed multi-billion dollar billing operations supporting millions of end user subscribers. For more information about Aria Systems, visit http://www.AriaSystems.com or call 1-877-755-2370.