Who doesn’t love a fresh cup o’Joe?!  For most early risers, nothing beats waking up in the morning with a fresh brew of coffee beans for a jump start to the day. During the COVID-19 shutdowns, many have had to scale back or even completely eliminate those early mornings and midday coffee runs to their favorite shop. Others have discovered that the same convenience and appeal of subscription services for many other things in life have now also made their way to the coffee business, and many have been taking advantage. 

According to reports, coffee subscription services have increased during the pandemic and quarantine. People not only are craving new flavors and blends, but they like the element of surprise in getting something new to try and also the ability to control when and how much they received and shipped right to their doorstep – no mask, gloves or public contact needed. 

Some of the fun theme coffee subscription services today include brews from around the world, brews aged in whiskey and bourbon barrels for a unique flavor, and even those that contribute profits to organizations like animal rescues and shelters. 

Subscription services are for far more than music streaming and movies today. People are signing up monthly curated boxes with fashion inside, food, snacks, and even automobile subscriptions. If you’re a company offering subscription services, be sure you have a billing platform that works for you. Subscription DNA provides reporting, billing and even communications tools to help your business succeed. 

Cloud billing is a beneficial solution for any industry or business that needs to process invoice or bill clients. Not only does it save significantly on the cost to maintain or process the payments manually and in house, but there are also a plethora of advanced features made available to users- even start-ups that they likely wouldn’t have access to with traditional billing platforms.

In telecom, where the return on investment is critical and new communications technologies continue to emerge, it is especially critical that providers have a billing solution customers agree with and providers can utilize.

One recent report, “Global Telecom Cloud Billing Market 2020-2025” predicts that optimistic growth in the market will allow the market size to grow to $10490.0M by 2024.

Benefits that have helped the market to maintain growth over the last four years despite other market downturns include the ability to lower operational and administration costs and well as growing mobile subscriber rates and the increasing need for real-time billing and bundled services.

According to the report, the Telecom Cloud Billing market maintained an average annual growth rate of 0.154221197949 from $1545.0M in 2014 to $3165.0M in 2019.

Upcoming expansion in the market will be seen in areas such as the APAC region as the very large population in the area will see subscriber bases grow across telecom companies.

If you’re looking for a simplified way to do cloud billing for your business, we can help. Subscription DNA offers a powerful SaaS platform that can easily integrate subscription billing for you as well as offer you robust subscription management, paywalls, and authentication features.