Home » Business » Spryker Named a Leader in the Magic QuadrantT for Digital Commerce 2024

Spryker Named a Leader in the Magic QuadrantT for Digital Commerce 2024

^BERLIN and NEW YORK, Nov. 10, 2024 (GLOBE NEWSWIRE) — Spryker

( the leading global composable commerce platform for

demanding use cases in B2B commerce, enterprise marketplaces and IoT

Commerce, has been recognized by Gartner® as a leader in the Magic Quadrant(TM) for

Digital Commerce 2024 Awarded. Spryker will be in for the fifth consecutive year

Gartner® Magic Quadrant(TM) for Digital Commerce. The review

was based on specific criteria that ensure the completeness of the vision and the

Analyzed the company’s ability to implement.

“We are incredibly proud to be included in the Gartner Magic Quadrant for Digital

Trade to be recognized as a leading company. In my opinion

confirms the positioning furthest out on the axis ?completeness

“the vision” is the mission that we had from the beginning – a real one

combinable, expandable and future-proof platform for global

companies,” said Boris Lokschin, co-founder and chief executive

Officer from Spryker. ?In today’s volatile market, agility is key

essential, and we believe that the ability to adapt quickly

Will help companies eliminate uncertainty in opportunities for differentiation

to convert. Since day one, we have designed our platform with in mind

built complex business models, even at the code level, and I believe that

This recognition underlines our commitment to empowering companies

To always be one step ahead of change.”

Marketplaces have become crucial for businesses in all industries

factor for growth and operational efficiency. Investigations of the

Boston Consulting Group show that B2B buyers find this model superior

hold. They say that when shopping online, eight of their top ten

“Needs” are better met by marketplaces than by traditional ones

E-commerce websites. Spryker’s “Enterprise Marketplace” feature

enables companies building or expanding their marketplaces

Quick start and easy scaling for more profitable growth

achieve. Recently Spryker announced product updates to…

Enterprise Marketplace capability to optimize the merchant experience, a

critical relationship to ensure the success of the marketplace, as well

a unique marketplace payment solution powered by Stripe Connect.

“We believe Gartner has chosen Spryker because of our unwavering

Commitments to help companies innovate and scale quickly

support, recognized as a leader – and has been since day one. For

Companies building their digital commerce strategy or

develop further, enterprise marketplaces are the key to development

new growth opportunities,” commented Elena Leonova, Chief Product Officer at

Spryker. “More important by optimizing processes and automating them

Spryker’s platform makes it easier for companies, their dealers and processes

to connect buyers, creating a more efficient,

more engaging market experience for everyone involved.”

Spryker continues to invest in innovative solutions that provide its customers with more

Deliver speed, scalability and efficiency, including new AI-powered ones

Tools for business users and developers. The ones at Spryker EXCITE 2024

announced new generative AI tools (genAI) from Spryker for developers –

Spryker DevQA Assistant, Cypress E2E Assistant und K6 Performance Assistant –

are designed to optimize development processes

Automate quality assurance and improve performance testing.

By providing tools and skills that enable companies to

In need of growth and innovation, Spryker ensures that companies of all

Industries for success in a volatile and competitive market

are prepared. Mark Wever, Global Chief Digital Officer at STAUFF, one

leading manufacturer of components and solutions for hydraulics and

Fluid technology, and Spryker customer, said: “With Spryker we have chosen the

The right technology was chosen that not only meets our current needs

customers, but also future-proof our digital strategies.”

Spryker continues its global expansion, particularly in North America, with a

Series of recent executive appointments and project launches

in the region. The company has recently made important product innovations

(announced, the

enable efficient scaling for global companies, including

Updates to its Marketplace and AI features. In addition, strengthens

Spryker continues to leverage its global partner ecosystem to deliver faster

Market launch and greater operational efficiency for its customers

ensure.

Objectivity Disclaimer

Gartner does not endorse any vendor, product or service included in

presented in his research publications and advises technology users

not, only the providers with the highest ratings or other designations

to select. Gartner’s research publications reflect the opinions of

Research organization of Gartner and are not considered as

to view factual allegations. Gartner disclaims any express or

expresses and assumes any implied warranty regarding this research

no warranty of any kind as to merchantability or suitability for any purpose

specific purpose.

References:

*Gartner, Magic Quadrant for Digital Commerce, Mike Lowndes, Sandy Shen, Jason

Daigler, Aditya Vasudevan, 6. November 2024.

GARTNER is a registered trademark and service mark of Gartner, Inc.

and/or its subsidiaries in the United States and internationally, and MAGIC

QUADRANT is a registered trademark of Gartner, Inc. and/or its

subsidiaries and is used here with permission. All rights

reserved.

About Spryker

Spryker is the world’s leading composable commerce platform for businesses

with complex use cases that drive growth, innovation and differentiation

make possible. Spryker’s easy-to-use, headless, API-first model

was developed specifically for demanding transactional transactions

enables companies to adapt, scale and respond quickly

market while at the same time achieving faster value creation

of the entire digital transformation process. Than worldwide

leading platform for B2B and B2C enterprise marketplaces, IoT commerce and

Unified Commerce supports Spryker over 150 global enterprise customers

worldwide and enjoys the trust of brands such as ALDI, Siemens, ZF

Friedrichshafen and Ricoh. Spryker is privately owned

Technology company based in Berlin and New York, which is run by leading

Investors such as TCV, One Peak, Project A, Cherry Ventures and Maverick Capital

is supported. For more information, visit spryker.com

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