Digital River, Inc. (NASDAQ: DRIV),
the revenue growth experts in global-cloud commerce, introduced
white-labeled global enterprise app stores to their flagship Global
Commerce™ enterprise solution. The new enterprise app
store offering can deliver value across multiple touch points:
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Enterprise software publishers can generate incremental revenue by
selling their own apps and third-party apps directly to customers via
their own device-agnostic, branded app store.
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Third-party app developers and publishers can gain increased global
distribution through the global enterprise app stores.
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App purchasers can enjoy an enhanced product experience where they can
select from a robust catalog of apps while maintaining a direct
relationship with the publishers of the apps they buy.
The enterprise app store offering extends Digital River’s existing
global app ecosystem, which currently includes in-app purchasing
technology and app lifecycle optimization services. Enterprise app store
partners can also leverage Digital River’s cloud-based subscription
billing and commerce capabilities to help drive app store success,
allowing them to immediately offer their customers a wide range of
recurring billing terms and more than 20 global payment methods.
"Merchants have always sought ways to maintain direct relationships with
their customers,” said Joel Ronning, CEO of Digital River. "This concept
is what originally drove Digital River’s direct-supplier software
delivery model and why we are the revenue growth experts in global-cloud
commerce. However, with the rapid growth of the native app market, many
enterprise software publishers have mistakenly believed that to compete,
they’re required to relinquish their customer relationships for exposure
in "walled garden” app stores. With the addition of global enterprise
app stores to Digital River’s app ecosystem, we can offer the enterprise
software market a lucrative alternative to the current model. Publishers
who tap into one or more components of our app ecosystem can gain access
to multiple ways to distribute, monetize and optimize apps themselves.
This enables them to increase profitability upfront and over the long
term, as they maintain direct relationships with shoppers.”
"The in-app purchasing capability enabled by Digital River demonstrates
the company’s continued commitment to providing customer-centric
purchase experiences while meeting the commerce needs of their
partners,” said Sheila Tolle, senior director of online commerce for
Autodesk, a leader in 3D design, engineering and entertainment software.
"The in-app purchasing capabilities within their enterprise app store
solution show their understanding of the commercial, professional
user. By offering full online payment processing in multiple currencies
and by handling entitlements, global distribution, payouts and more,
they’re enabling their partners to capitalize early on the growth of
enterprise apps.”
About Digital River, Inc.
Digital River, Inc., the revenue growth experts in global-cloud
commerce, builds and manages online businesses for software and game
publishers, consumer electronics manufacturers, distributors, online
retailers and affiliates. Its multi-channel commerce solution, which
supports both direct and indirect sales, is designed to help companies
of all sizes maximize online revenues as well as reduce the costs and
risks of running a global commerce operation. The company’s
comprehensive platform offers site development and hosting, order
management, fraud management, export controls, tax management, physical
and digital product fulfillment, multi-lingual customer service,
advanced reporting and strategic marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with
offices across the U.S., Asia, Europe and South America. For more
details about Digital River, visit the corporate
website, call +1 952-253-1234, or follow the company on Twitter.
Forward-looking Statement
In addition to the historical information contained herein, this
press release contains forward-looking statements, such as statements
containing the words, "will,” "plans,” "intends,” "expects,” and similar
words. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Digital River, or industry results, to
differ materially from those expressed or implied by such
forward-looking statements. Such factors include, among others: Digital
River’s operating history and variability of operating results;
competition in the electronic commerce and apps markets; the ability of
Digital River to support a white-labeled, global enterprise app store
solution; the market’s acceptance of such offerings; and other risk
factors referenced in Digital River’s public filings with the Securities
and Exchange Commission.
Digital River is a registered trademark of Digital River, Inc. All
other company and product names are trademarks, registrations or
copyrights of their respective owners.
