CIO Review Recognizes Vindicia In 2014 "100 Most Promising Tech Companies" Award List
-- Vindicia's Subscription Platform and Recurring Payments Expertise Acknowledged by Technology Decision Makers to Drive New Digital Economic Strategy
REDWOOD SHORES, California, Oct. 14, 2014 /PRNewswire/ -- CIO Review magazine, the leading industry publication for technology decision makers, has recognized Vindicia as one of 2014's "100 Most Promising Technology Companies." The honor highlights Vindicia's leadership in transforming the way businesses attract and maintain customers in an increasingly digitized world -- enabling subscription sales and recurring payment services for companies conducting business across every spectrum of the Internet: Over-the-Top (OTT), digital media and entertainment and online services like taxes, security, data storage and more.
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"We don't often see the words 'sexy' and 'subscriptions' used in the same sentence, but the truth is more of our purchasing habits now come with online subscription options," said Gene Hoffman, CEO and chairman of Vindicia. "Think NFL, NASCAR, NextIssue, Vimeo, Carbonite and NBA.com -- each offering memberships that enhance or replace yesterday's one-time transactions and repeatedly filling out payment information. We've entered a new era of digital business, and we're proud to be recognized by CIO Review for our role in transitioning brands and businesses to the convenience and profitability of recurring revenue streams."
At its core, Vindicia keeps customers connected to the subscription services they love, and companies connected to reliable revenues streams.
Vindicia's flagship products, Vindicia CashBox and Vindicia Select, help merchants manage and track every touchpoint and scenario of a subscription billing model, helping companies install, grow and control recurring payment systems with ease and dependability. In addition, with one of the largest databases of credit card files in the world, Vindicia is uniquely positioned to deftly and securely resolve transaction "fails" that can impede purchases -- such as card expiration dates -- to decrease customer churn and instead increase retention.
"It's a remarkable economic time for businesses as new digital consumer services evolve, and we are excited about the expanding opportunities that online subscription models represent," added Hoffman. "We've worked hard to establish Vindicia as a platform that uniquely understands the evolving needs of digital businesses, while also keeping our eye fixed on addressing consumer online purchasing behavior and subscription service demands."
CIO Review releases its "100 Most Promising Technology Companies" list annually in recognition of the top tech organizations helping business around the world utilize the latest technology to keep pace with emerging trends, overcome roadblocks and handle other vital aspects of managing a business. A panel of CEOs, CIOs, analysts and CIO Review editorial board members determine the list each year.
About CIOReview100:
A distinguished panel comprising of CEOs, CIOs and analysts including CIOReview editorial board scrutinized many companies and finalized the 100 Most Promising Technology companies. The complete coverage of the 2014 CIOReview100 listings is online at http://magazine.cioreview.com/August-2014/CIOReview100/ and in the August 2014 issue of CIO Review magazine. For more information, visit the company's website at http://www.cioreview.com/.
About Vindicia:
Vindicia, the leader in enterprise-class subscription billing, combines cutting edge customer acquisition methods with advanced customer retention technologies, while maintaining unmatched scalability and 99.99% up-time. Vindicia has processed more than $6 billion globally and generates over $90 million in annual incremental revenue for clients. Clients include TransUnion Interactive, Intuit, Activision, Blizzard, IAC, Bloomberg, Vimeo, Next Issue Media and more. Vindicia was recently ranked the number one billing software solution on the market by Business-Software.com, and recognized as a "Top 100 Promising Tech Companies" by CIOReview magazine. Vindicia For more information visit www.vindicia.com.
Media Contact:
Jennifer Shanks Guerra
Leap! PR for Vindicia
Phone: +1.831.334.0489
Email: leappr@vindicia.com
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