Magento Commerce Announces Record Cloud Growth Among Mid-to-Large Enterprise Customers
Magento Gains Traction with Enterprise Merchants and Increases Global Talent Base
Magento Commerce, the worldwide leader in cloud digital commerce innovation, announced record growth of its next generation cloud platform with more than 50 percent of new mid-to-large enterprise customers choosing Magento Commerce Cloud. The company’s strong momentum is a result of product innovation, expanding its community of partners, and hiring top talent across the globe.
Recent momentum comes on the heels of “The Forrester Wave™: B2B Commerce Suites For Midsize Organizations, Q3 2017” report, in which Magento was named a leader. The Wave evaluates the top B2B commerce platforms for mid-sized merchants with $50-500 million in total revenue, assessing market presence, breadth of current offerings and strategy. Magento was cited as a “best fit for mid-sized B2B companies that want an open, feature-rich solution that can be extended easily and inexpensively.” The platform’s ability to respond to the rapidly evolving B2B environment and provide merchants with flexible, scalable out-of-the-box solutions were major differentiators for Magento.
“All businesses today need to control their brands and deliver differentiated experiences that keep pace with consumer expectations,” said Mark Lavelle, CEO of Magento Commerce. “We’re committed to providing both B2C and B2B merchants with an open, flexible platform that enables them to deliver exceptional customer experiences and that can scale with their business needs. We are also thrilled to be opening our new office in Los Angeles just as Shop.org kicks off this week.”