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Research and Markets (http://www.researchandmarkets.com/research/rvkhvk/cloud_billing) has announced the addition of the "Cloud Billing Market by Solution, Delivery & Users: Global Advancements, Market Forecasts & Analysis (2013-2018)" report to their offering.

This report indicates that the need to increase business agility, along with cost control measures is playing a key role in strengthening the cloud billing market. Though the adoption of these solutions is gradual due to concerns of loss of data and third party dependence, these solutions are expected to experience a tremendous growth, owing to the evolution of cloud and growing demand for automation of billing processes as a result of pricing intricacies. The assimilation of cloud billing solutions within the existing organizational framework will further amplify the growth of businesses by embedding best practices for consistency and accuracy of operations.

This report also indicates an increasing uptake of cloud billing solutions across verticals as the investments to refine business agility grow. The adoption of these solutions is proliferating as enterprises are redesigning the business models with a customer centric approach. Cloud billing solutions are expected to gain traction with enterprises transferring their finances from on-premise to cloud billing solutions.

Cloud billing solutions are experiencing a rapid adoption pace as they address the needs of changing business models. These solutions help to monetize the cloud services market and bring along the benefits of cloud technology. They are designed to be flexible and scalable to suit growing businesses and are focused on streamlining the billing process and improving customer satisfaction. Cloud billing solutions bring various benefits beyond cost effectiveness such as transparent rating and charging, large volume of data management in real-time, billing expertise and thus, better focus on core business.

Cloud billing solutions merge convergent billing solutions with cloud technology to deliver value to the customers through the billing systems. Cloud billing solutions help in reducing the large upfront costs as the real-time, multi-tenant billing systems are maintained by the vendor. The billing solutions for cloud services help in avoiding under and over-charging by supporting sophisticated rating, dynamic price plans and granular billing by extending support for variable billable units.

It is expected that the cloud billing market will grow from $2.4 billion in 2013 to $9.58 billion in 2018, at a CAGR of 31.9% during the forecast period.

Delivery:

- Software as a Service (SaaS)

- Platform as a Service (PaaS)

- Infrastructure as a Service (IaaS)

Deployment Model:

- On-Premise

- Hosted

Billing Modes:

- Embedded

- Direct to Customer (D2C)

Users:

- Small and Medium Businesses (SMB)

- Enterprises

Verticals:

- BFSI

- Retail

- Public Sector and Utilities

- Telecom, IT and Media

- Healthcare

- Transportation and Logistics

- Others

Services:

- Account Management

- Revenue Management

- Customer Management

- Integration

- Others

Company Profiles

- Amazon Web Services (AWS)

- Amdocs

- Aria Systems

- Blueoss

- Blusynergy

- Bmc Software

- CGI Group

- CSC

- Cerillion

- Chargebee

- Cloudability

- Comarch

- Comverse

- Csg International

- Globetom

- IBM

- Interworks

- Metratech

- Monexa

- Mphasis

- NEC Corporation

- Oracle

- Redknee

- SAP

- Talligent

- Utilibill

- Zuora

For more information visit http://www.researchandmarkets.com/research/rvkhvk/cloud_billing

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