Zuora Launches the Subscribed Strategy Group
April 01 2020 - 12:00PM
Business Wire
The SSG provides customers with strategic
guidance on the development and execution of business strategies to
win in the Subscription Economy
Zuora, Inc., (NYSE:ZUO) the leading cloud-based subscription
management platform provider, today announced the launch of the
Subscribed Strategy Group (SSG), a new initiative by its
think-tank, the Subscribed Institute.
For the last decade, the Zuora® brand has been synonymous with
The Subscription Economy®. The success of this global business
model shift to subscriptions has largely been driven by our
customers who are responding to changing consumer preferences which
value access to convenient services over the ownership of products.
According to the latest edition of our Subscription Economy Index™
(SEI), subscription businesses have grown substantially faster than
two key public benchmarks—S&P 500 Sales and U.S. retail
sales.
“Companies around the world are now waking up to the resiliency
of the subscription model to weather economic uncertainty. Now more
than ever, companies need to shift to subscriptions to thrive,”
said Amy Konary, VP of Business Innovation and Chair of the
Subscribed Institute at Zuora. “But success in the Subscription
Economy requires strategy, cultural, process, and systems
transformation. Zuora's best-in-class technology addresses the
system needs of our customers, and now the SSG will provide the
strategic guidance companies need to navigate the ongoing
complexities of running a subscription business.”
Zuora launched the Subscribed Institute in 2018 as a dedicated
think-tank focused on the challenges and opportunities of the
Subscription Economy. With nearly a thousand executive members from
more than 500 subscription companies, the Institute generates
original research including frameworks and benchmarks based on
Zuora’s unique database of subscription businesses. The research is
shared with members regularly through in-person and virtual events
and digital outreach.
The Subscribed Strategy Group was created to work directly with
individual companies and help them apply the learnings gleaned from
the Institute’s research to their specific business needs. The SSG
works one-on-one with executives from our customer organizations to
chart a strategic path towards subscription success by identifying
and removing business obstacles, building internal alignment, and
establishing routes to success. Best practices gleaned from our
work with over a thousand subscription companies around the world
will help our customers make critical business decisions, adopt new
strategies, and measure their success at regular intervals.
The leadership team of the SSG brings together some of the most
experienced Subscription Economy executives: Amy Konary, Chair of
the Subscribed Institute, is the global lead supported by Frank
Ernst, VP of Strategy, SSG in North America, and Michael Mansard,
Principal, Business Transformation in Europe & EMEA Chair of
the Subscribed Institute. The team has a combined experience of
over 60 years working with the software technology, media, and
manufacturing sectors. The SSG will also work closely with
management consulting firms and global systems integrators to
support joint customers on their journey to success in the
Subscription Economy.
“As the indisputable leader of the Subscription Economy, Zuora
has the privilege of working with some of the most innovative
companies in the world, as well as some of the most successful
subscription companies today. We synthesize first-hand knowledge of
best practices along with our Subscription Economy data to develop
action-oriented guidance and advice. I couldn’t be more excited to
build a team of experts who can share this directly with our
customers and contribute to their success in non-technology related
ways,” said Konary.
If you’d like to learn more about the SSG and learn how we can
collaborate, please email us at ssg@zuora.com and read “The Three
Ways The Subscription Strategy Group Can Help Your Company.”
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 Revenue process
seamlessly across billing and revenue recognition. Zuora serves
more than 1,000 companies around the world, including Box, Rogers,
Schneider Electric, Xplornet and Zendesk. Headquartered in 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.
© 2020 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.
SOURCE: Zuora
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200401005485/en/
Jayne Gonzalez press@zuora.com 408-348-1087
Zuora (NYSE:ZUO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Zuora (NYSE:ZUO)
Historical Stock Chart
From Apr 2023 to Apr 2024