Zuora, a subscription billing company, announces today the release of Z-Commerce for the Cloud. Z-Commerce enables cloud providers to automate metering, pricing, and billing.
According to Zuora CEO Tien Tzuo, cloud computing is a disruptive technology that requires enterprises to become part of what he calls "the subscription economy." While purchasing servers and computing hardware was a marker of the "ownership model," Tzuo argues that cloud computing requires a different business model, one that emphasizes pay-as-you-go.
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