SOURCE: MetraTech

May 20, 2013 09:00 ET

MetraTech CEO to Deliver Keynote for Financial Services fCLOUD(C) at Cloud Computing East

Unlocking Cloud Services Potential Through Behavioral Billing™

WALTHAM, MA--(Marketwired - May 20, 2013) - MetraTech Corp., the leading provider of Agreements-Based Billing™, commerce and compensation solutions, today announced that Founder and CEO Scott Swartz will deliver a keynote address at the Cloud Computing Association's (CCA) Cloud Computing East 2013. The event is taking place at the Marriott Boston Copley Place in Boston from May 19 to 21. Scott Swartz will present an infrastructure-as-a-service (IaaS) case study in his keynote titled, "Make Billing Behave," as part of the Cloud Computing for Financial Services fCLOUD© track on May 20 from 2:30 to 2:50 p.m. ET.

Financial services firms, utilities, healthcare and businesses in other industries can create pricing models to drive customer behavior and service stickiness. As companies move their businesses to the cloud and offer more cloud-based services, they must determine how to best monetize business models. In his presentation, Scott Swartz will discuss the need to maintain elasticity and flexible pricing to support differentiated business models -- not just simple, recurring subscriptions -- to enable cloud-based service providers to fluidly adjust price points based on usage or other behavior.

"Because the cloud-based delivery model is based upon flexibility and on-demand delivery, the billing structure underpinning these services must be just as elastic," said Scott Swartz. "While this may not have always been the case, more cloud service providers are now adopting flexible pricing models, including peak and off-peak rates, to drive customer behavior."

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 compensation 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 12 languages, 28 currencies and 90 countries. Customers include Arkadin, Bell, Concur, the Depository Trust and Clearing Corporation (DTCC), Cetip, The City of Chicago, GRU São Paulo International Airport, GXS, Intercall, LifeLock, Microsoft, PGi, Telia Sonera, 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, Meritech Capital and Vesbridge Partners. For more information, please visit www.metratech.com.

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