Zuora Helps amaysim Disrupt Outdated Utilities Market With Subscription Energy
14 Octubre 2019 - 5:00PM
Business Wire
Zuora, Inc., (NYSE:ZUO) the leading cloud-based subscription
management platform provider, announced today amaysim Australia
Limited (ASX:AYS), a leading provider of mobile services in
Australia, is using Zuora® Central, Zuora CPQ and Zuora Collect to
launch and manage flexible energy plans for consumers as a strategy
to grow its business and open up new revenue streams.
The Australian Bureau of Statistics projects the number of
households in Australia will reach 12.57 million by 2036. For
decades, however, the energy market servicing Australian households
has been dictated by large, private utility generators using
antiquated, product-based delivery models, and onerous, long-term
contracts. Subsequently, Australian consumers lack visibility into
their usage data and unique energy consumption needs, with no
understanding of the frequent price increases imposed by providers.
amaysim set out to change this paradigm.
After launching in 2010, amaysim quickly became a leading mobile
service provider in Australia because of its unique approach to
customer service. The company is now disrupting the customer-averse
utilities market with the launch of its new energy subscription
services. amaysim is again leveraging its focus on customer service
by offering consumer flexibility and valuable, near real-time usage
metrics through smart meters.
“Our vision is to build and scale a truly agile and empathetic
business that puts the customers’ needs first to give Australians a
more cost-effective and convenient way to consume energy. The best
way in my view to achieve this vision is through a subscription
model,” said Peter O’Connell, CEO and Co-Founder of amaysim.
“Zuora allows us to be agile and quickly define our pricing and
features. This aligns us with a constantly changing market
landscape and helps us be a values driven organisation focused on
the customer.”
amaysim’s previous infrastructure included legacy, complex,
siloed technology stacks which impeded its ability to scale the
business, go to market with new offerings, and ultimately provide a
seamless customer experience. By running its new energy service on
the Zuora Central platform and leveraging Zuora CPQ, amaysim is
achieving the agility needed to scale in a rapidly evolving
consumer market. Additionally, with Zuora Collect, amaysim is
streamlining payments and processing transactions. In fact, through
its customer-first approach and Zuora as its strategic technology
partner, amaysim’s goal is to lower the average industry churn
rate.
Read more about amaysim in the company case study here.
About Zuora, Inc.
Zuora provides the leading cloud-based subscription management
platform that functions as a system of record for subscription
businesses across all industries. Powering the Subscription
Economy®, the Zuora platform was architected specifically for
dynamic, recurring subscription business models and acts as an
intelligent subscription management hub that automates and
orchestrates the entire subscription order-to-cash process,
including billing and revenue recognition. Zuora serves more than
1,000 companies around the world, including Box, Rogers, Schneider
Electric, Xplornet and Zendesk. Headquartered in the Silicon
Valley, Zuora also operates offices around the world in the U.S.,
EMEA and APAC. To learn more about the Zuora platform, please visit
www.zuora.com.
© 2019 Zuora, Inc. All Rights Reserved. Zuora, Subscribed,
Subscription Economy, Powering the Subscription Economy, and
Subscription Economy Index are trademarks or registered trademarks
of Zuora, Inc. Third party trademarks mentioned above are owned by
their respective companies. Nothing in this press release should be
construed to the contrary, or as an approval, endorsement or
sponsorship by any third parties of Zuora, Inc. or any aspect of
this press release.
Forward-Looking Statements
This press release contains forward-looking statements that
involve a number of risks, uncertainties and assumptions, including
but not limited to statements regarding the expected growth and
trends in the global energy, utilities and home sectors, consumer
buying trend expectations, the expected growth and trends in the
market for subscription businesses, and the expected benefits of
any such trends. Any statements that are not statements of
historical fact may be deemed to be forward-looking statements, and
actual results could differ materially from those stated or implied
in forward-looking statements. This press release also includes
market data and certain other statistical information and estimates
from industry analysts and/or market research firms. Zuora believes
these third party reports to be reputable, but has not
independently verified the underlying data sources, methodologies
or assumptions. Information that is based on estimates, forecasts,
projections, market research or similar methodologies is inherently
subject to uncertainties and actual events or circumstances may
differ materially from events and circumstances reflected in this
information.
SOURCE: Zuora Financial
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version on businesswire.com: https://www.businesswire.com/news/home/20191014005695/en/
Jayne Gonzalez press@zuora.com 408-348-1087
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