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Thursday, 18 August 2022 14:01

Spryker recognised as a Visionary in 2022 Magic Quadrant for Digital Commerce

By Spryker
Spryker co-founder and CEO Boris Lokschin Spryker co-founder and CEO Boris Lokschin

COMPANY NEWS: Spryker, a leading digital commerce platform for sophisticated commerce use cases in B2B, enterprise marketplaces, IoT and unified commerce, has been recognised by Gartner as a Visionary in the 2022 Magic Quadrant for Digital Commerce. It is Spryker's third consecutive inclusion in the Gartner Magic Quadrant for Digital Commerce.

“At Spryker, our goal is to enable digital innovation and differentiation with our composable platform designed specifically for sophisticated transactional business models. We believe being recognised for the second time as a Visionary validates our continued dedication to empowering companies to grow, innovate, and differentiate,” said Spryker co-founder and CEO Boris Lokschin. “This year we launched our App Composition Platform as the latest stage in our commitment to delivering true composability. This first of its kind platform is why we feel Spryker continues to be recognised in the market. We will continue to evolve our solution and our partner ecosystem to help our customers grow and adapt.”

Customers around the world rely on Spryker for its composability and cloud-native enterprise marketplace B2B and B2C capabilities. Spryker recently built on this with the launch of Spryker App Composition Platform, making it easier than ever for organisations to choose enterprise commerce solutions. Spryker App Composition Platform, in our opinion, helps businesses to differentiate themselves from competitors based on how they operate and sell, while allowing them to seamlessly add, extend and evolve capabilities from Spryker and its partner ecosystem as needed.

“Whether an organisation operates in large volume consumer goods or sophisticated transactional B2B services, composability is key to future-proofing digital commerce offerings. We are delighted to be able to deliver this to our customers, facilitating faster time-to-value and helping them meet their business goals,” noted Lokschin. “Any enterprise business looking at digital transformation needs a commerce platform that’s composable and based on a modern architecture. Spryker can provide enterprises with both – giving them the flexibility needed to adjust to a constantly changing market while accelerating digital growth and digital transformation.”

With more customers seeing the value of composability, Spryker has seen expansion and customer acquisition across the globe, including its first customer in Australia and New Zealand, 200% growth in Benelux, and 100% year-over-year growth in the North American enterprise digital commerce market.

Download the 2022 Magic Quadrant for Digital Commerce here to learn why Gartner recognises Spryker as a Visionary in digital commerce.

Reference

Gartner, Magic Quadrant for Digital Commerce, Jason Daigler, Sandy Shen, Penny Gillespie, Mike Lowndes, Aditya Vasudevan, Yanna Dharmasthira, 10 August 2022.

Gartner and Magic Quadrant are registered trademarks of Gartner and/or its affiliates in the US and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research and advisory organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Spryker

Spryker is the leading composable commerce platform for enterprises with sophisticated business models to enable growth, innovation, and differentiation. Designed specifically for sophisticated transactional business, Spryker’s easy-to-use, headless, API-first model offers a best of breed approach that provides businesses the flexibility to adapt, scale, and quickly go to market while facilitating faster time-to-value throughout their digital transformation journey. As a global platform leader for enterprise marketplaces (B2B & B2C), thing commerce, B2B and D2C, Spryker has empowered 150+ global enterprise customers worldwide and is trusted by brands such as Aldi, Siemens, Hilti, and Ricoh. Spryker is a privately held technology company headquartered in Berlin, Germany and New York, USA. Find out more at https://spryker.com.

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