In 5 years, Magento has gone from little fish to enterprise player, replacing IBM among the big four eCommerce platforms, alongside SAP, Salesforce and Oracle, according to Gartner.
Moving from “niche player” to “leader” in 5 years, Magento’s significant growth is highlighted in Gartner’s Magic Quadrant, which evaluates digital commerce platforms based on their completeness of vision and ability to execute.
“We agree with Gartner,” says Charles Desjardins, Absolunet Partner and Executive Vice-President. “Magento meets the needs of the world’s leading retailers, distributors and brand manufacturers. It accelerates both B2B and B2C eCommerce and deserves the recognition.”
What explains Magento’s constant rise?
Magento provides merchants with a complete commerce solution. On top of the base commerce platform, Magento now provides Order Management, data and analytics, social selling, a strong focus on B2B commerce and Configure Price Quoting.
“Leading brands want to build brand-worthy experiences at the center of their digital strategies. At Magento, we’re committed to helping merchants unleash their creative potential so that they can scale, grow, and achieve sustainable differentiation,” says Mark Lavelle, CEO of Magento Commerce.
Magento also offers direct integration to Amazon with intelligent built-in pricing. A Magento integration to eBay and Walmart/Jet is planned for later in 2018.
In-depth information on the 2018 Gartner Magic Quadrant can be accessed here.
If you’re curious about Magento’s definitive agreement to be acquired by Adobe, here is our take.