About this Constellation ShortList
The emergence of a subscription economy coupled with digital business models drives the creation of a new type of solution known as Smart Services Digital Monetization Platforms. Legacy monetization systems lack the ability to support subscriptions, consumption-based models, and one-time transactions. Smart Services Digital Monetization Platforms provide a monetization solution for organizations operating untraditional business models. These platforms are expected to support business models built on smart services for the Internet of Things, blockchain consensus, and sharing economies. This market is estimated to grow to $ 11.3 billion by 2027
Constellation considers the following criteria for these solutions:
- Account management
- Alerts and notifications
- Complex event processing/workflows
- Configure, price, quote (CPQ)
- Integration and orchestration
- Partner platforms
- Product catalog and product information management
- Reporting and analytics
- Marketplace or trading network support
The Constellation ShortList™
Constellation evaluates more than 25 solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. Shortlist solutions support 10 out of the 14 criteria.
- Oracle BRM
Frequency of Evaluation
Each Constellation ShortList will be updated at least once per year. There could be an update after six months, should the analyst deem it necessary.
Constellation clients may work with the analyst and research team to conduct a more thorough discussion of this ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.