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0 -0.000503778337531565 -0.000503778337531565 0.00755667506297222 0.00906801007556674 0.00654911838790927 0.00352644836272042 0.0020151133501259
Stock impact report

Zuora to Acquire Togai, Enhancing Usage-Based Offerings Amid the GenAI Explosion [Yahoo! Finance]

Zuora, Inc. Class A (ZUO) 
Last zuora, inc. class a earnings: 3/12 04:12 pm Check Earnings Report
Company Research Source: Yahoo! Finance
REDWOOD CITY, Calif., April 30, 2024 BUSINESS WIRE Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced its planned acquisition of metering and rating solution Togai , enhancing its usage-based offerings. With Togai's low-code builder and developer-friendly interface to quickly configure metering and rating of raw events, the acquisition will help Zuora unite developers and finance teams to launch, iterate and adapt usage-based models. The explosion of generative AI (GenAI) technologies has companies increasingly turning to usage-based business models , but added complexity and cost still prevent many companies from effectively monetizing their offerings. Developers often have sole access to product usage data and are left to manage it with inadequate, custom-coded systems, leaving finance teams unable to access the information they need to accurately invoice and recognize revenue. Togai enhances Zuora's monetization suite, enabling developer Show less Read more
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