. has launched the Z-Commerce platform dedicated to enabling monetization for cloud computing services. The addition of the Z-Commerce platform to the Zuora product list which consists of Z-Billing, Z-Payments and Z-Force has resulted in a full suite of Business Cloud solutions. The Zuora platform helps businesses to reduce the time required to market new products.
Developers are showing a marked shift to building services on cloud platforms. The Z-Commerce platform provides developers with a powerful means to monetize services built on these platforms. According to Merrill Lynch, the addressable market for Cloud Computing is $160 billion. A large number of developers are already using cloud platforms such as Amazon Web Services and Google AppEngine. And Microsoft (News
) has said it is all set to reach out to the .Net developers with its Azure cloud computing platform in the near future.
There is undoubtedly a need for cloud developers to make money from the services and applications they build. This need has helped to increase the market potential of providers of cloud-based commerce capabilities like subscription billing and payments. Statistics reveal that more than 50 percent of Zuora’s inbound leads are from cloud computing companies that are looking for a way to monetize their services.
The newly introduced Z-Commerce Platform
will work with any cloud computing platform and provides developers with the tools required to build subscription management and commerce into cloud-based services.
The Z-Commerce Platform contains sample code and toolkits and also contains a developer sandbox environment for developing and testing commerce solutions.
Calvin Azuri is a contributing editor for TMCnet. To read more of Calvin’s articles, please visit his columnist page.
Companies that have created customized billing and payment solutions by using the Business Cloud provided by the Z-Commerce Platform include DataDoctors
Edited by Stefania Viscusi