{"id":197446,"date":"2021-04-13T08:00:01","date_gmt":"2021-04-13T15:00:01","guid":{"rendered":"https:\/\/sboxtest.zuora.com\/press-release\/zuora-helps-f5-enhance-its-software-business-with-a-customer-centric-subscription-model\/"},"modified":"2021-04-13T08:00:01","modified_gmt":"2021-04-13T15:00:01","slug":"zuora-helps-f5-enhance-its-software-business-with-a-customer-centric-subscription-model","status":"publish","type":"press_release","link":"https:\/\/www.zuora.com\/de\/press-release\/zuora-helps-f5-enhance-its-software-business-with-a-customer-centric-subscription-model\/","title":{"rendered":"Zuora Helps F5 Enhance its Software Business with a Customer-Centric Subscription Model"},"content":{"rendered":"<p><em>Global systems integrator Deloitte collaborated with Zuora and F5 on the digital transformation initiative<\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><strong>Redwood City, Calif.<\/strong> \u2013 April 13, 2021 \u2013\u00a0 <a href=\"https:\/\/www.zuora.com\/\">Zuora, Inc<\/a><a href=\"https:\/\/www.zuora.com\/\">.<\/a> (NYSE:ZUO), the leading cloud-based subscription management platform provider, announced today that customer <a href=\"https:\/\/www.f5.com\/\">F5<\/a>, a multi-cloud application security and delivery company, has enhanced its ability to sell software products with a subscription model on the Zuora\u00ae platform.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www2.deloitte.com\/us\/en\/insights\/industry\/technology\/enterprise-it-as-a-service.html\">Deloitte\u2019s Everything-as-a-Service (XaaS) Study<\/a> found that in 2020, 75% of organizations reported consuming more than half its enterprise IT as-a-service, up from 71% in 2018. \u201cThe companies that think beyond the typical as-a-service use cases and leverage XaaS for advanced or emerging technologies, like new hybrid services that combine on-premise services and cloud, may be able to stay a step ahead of the game,\u201d said report author <strong>Jeff Loucks<\/strong>, <strong>Managing Director, Deloitte Services LP; and Executive Director, Center for TMT at Deloitte.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>F5 is one of those companies. Its application security and delivery solutions help customers be more agile. F5 technologies, including as-a-service offerings, enable the delivery of digital experiences that let consumers everywhere complete everyday tasks, such as online banking, purchase groceries, or stream videos from their mobile devices.<\/p>\n<p>&nbsp;<\/p>\n<p>Two years ago, <a href=\"https:\/\/www.zuora.com\/our-customers\/case-studies\/f5-networks\/\">F5 engaged Zuora<\/a> and global systems integrator Deloitte, to realize the vision of a broader software subscription portfolio and better meet customers where they are and how they want to consume F5\u2019s services.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cTo deliver on our customers\u2019 expectations, we knew we needed to improve capabilities around amendments, choice of subscription durations, and recurring billing\u2014functionality that has become table stakes for subscription software offerings,\u201d explained <strong>Charles Chen, Director, Product Management at F5<\/strong>. \u201cSince that time, we\u2019ve come a long way with Zuora.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Zuora worked closely with F5 to support customer demand for its subscription-based offerings, seamlessly enabling features like staggered start dates, ramp up subscriptions, and performance metrics calculations. \u201cWe were able to put the options customers wanted right at the fingertips of our account managers, eliminating purchasing friction\u2014all made possible by Zuora\u2019s out-of-the box capabilities,\u201d added Chen.<\/p>\n<p>&nbsp;<\/p>\n<p>F5 has adopted a variety of products on the Zuora platform, including Zuora Billing and Zuora Collect. They have also invested in Zuora University, a subscription training service that provides classes and certification to help F5 team members optimize usage and obtain maximum ROI from the Zuora platform. In addition to day-to-day operational benefits, F5 is now better able to serve customers seeking the value and flexibility offered by a subscription model, with specific offerings based on F5\u2019s traditional technology areas as well as those from acquisitions such as <a href=\"https:\/\/www.nginx.com\/\">NGINX<\/a> and <a href=\"https:\/\/www.shapesecurity.com\/\">Shape Security<\/a>.<\/p>\n<p>\u201cBusinesses, enterprises, financial institutions, services providers, governments, and consumer brands worldwide bring extraordinary digital experiences to life each day with F5,\u201d said Chen. \u201cZuora has played a significant role in evolving our subscription-based software portfolio, and we look forward to exploring additional opportunities with them in the days to come.\u201d<\/p>\n<p>To read more about F5, read the <a href=\"https:\/\/www.zuora.com\/our-customers\/case-studies\/f5-networks\/\">case study<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>About Zuora, Inc.<\/strong><\/p>\n<p>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\u00ae, 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, Ford, Penske Media Corporation, Schneider Electric, Siemens, Xplornet, and Zoom. 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.<\/p>\n<p>&nbsp;<\/p>\n<p>\u00a9 2021 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.<\/p>\n<p>Please see www.deloitte.com\/us\/about for a detailed description of our legal structure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>F5 partners with Global systems integrator Deloitte and Zuora to enable the company&#8217;s digital transformation initiative, becoming a recurring revenue business.<\/p>\n","protected":false},"author":227,"featured_media":0,"template":"","meta":{"_acf_changed":false},"content_type":[32966],"geo":[1355,1354],"growth_initiatives":[1364,1367],"industry":[33050,33073],"persona":[33107,33096,33113,33105],"product_line":[33028],"topic":[],"class_list":["post-197446","press_release","type-press_release","status-publish","hentry","content_type-case-study-de","growth_initiatives-launch-a-new-productservice","growth_initiatives-pricing-and-packaging-model-change","industry-manufacturing-iot-de","industry-high-tech-de","persona-cfo-and-finance-de","persona-it-de","persona-customer_success-de","persona-pm-de","product_line-zuora-billing-de"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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