Customers can now use the Usage Data Platform to enable usage-based business models. DigitalRoute, helps companies connect and monetize usage data.
DigitalRoute, a new standard for usage-based revenue, today announced it has launched DigitalRoute’s Usage Data Platform (UDP) on Salesforce AppExchange. The Usage Data Platform (UDP) is a purpose-built platform to monetize and orchestrate data about how customers use digital services.
The UDP helps simplify usage-based billing and can prevent revenue leakage. Acting as a real-time usage data layer, the platform first automatically collects data related to usage, then processes the raw usage data and applies business logic. It then binds the usage record to a customer identity for Salesforce Billing to price and invoice.
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DigitalRoute’s Usage Data Platform
By using DigitalRoute’s Usage Data Platform, customers can now create usage-based business models, support with the prevention of revenue leakage, and automate their quote-to-cash process. End-customers get dynamic services and a transparent overview of their real-time usage.
Comments on the News
- “We are very excited that our new solution will enable Salesforce customers to meet the growing demand for usage-based services,” said Andreas Zartmann, CEO of DigitalRoute. “Usage data is the core of any digital business model, but tracking, orchestrating, and transforming usage data into billable information can be incredibly complex under the hood.
- DigitalRoute’s Usage Data Platform is a welcome addition to AppExchange, as it enables customers to launch and monetize new business models,” said Woodson Martin, GM of Salesforce AppExchange. “AppExchange is constantly evolving to enable our partners to build cutting-edge solutions to drive customer success.”