Jena, Germany, 27 June 2017 – Intershop Communications AG has been recognized as Company of the Year 2017 in the global digital commerce platforms market by global market research and consulting firm, Quadrant Knowledge Solutions. The Quadrant research identifies Intershop as a best-in-class vendor that ‘exhibits leadership in strategy, business, and growth performance excellence, and has the potential to cause major disruption in the marketplace’.
The research firm analyzed Intershop’s technological capabilities and strengths as part of a comprehensive market study, titled ‘Market Outlook: Digital Commerce Platforms, 2017-2022, Worldwide’. In a Knowledge Brief, published by Quadrant on 6 June 2017, the consultants stress the ability of Intershop’s integrated digital commerce platform to enhance customer relationships across various sales channels including retail, wholesale, mobile, and social media.
The Knowledge Brief highlights the complete set of digital commerce functionalities provided by the Intershop Commerce Suite – from online retail management to customer experience management to order management and fulfillment –, the platform’s operational excellence, as well as the fact that it can be implemented on-premise, in the cloud, or as a managed service.
According to Quadrant Knowledge Solutions, ‘Intershop’s flexible and integrated digital commerce suite is well positioned to help businesses from multiple industry sectors and sizes in overcoming their unique challenges in creating a successful and competitive commerce solution’.
Piyush Dewangan, Industry Research Manager, Quadrant Knowledge Solutions said: “Technology disruption, digital transformation, and the widespread adoption of mobile devices means that organizations are increasingly facing challenges to drive growth. To stay competitive, brands should transform their commerce processes with the customer experience in focus, while streamlining their commerce operations for maximum efficiency. Intershop with its extensive and highly scalable platform is well positioned to enable business growth for companies with multiple brands, countries, and touchpoints, which is why we nominated them Company of the Year in this market.”
Axel Köhler, COO of Intershop Communications AG, said: “We are delighted to be recognized as a leader by Quadrant Knowledge Solutions. Digitalization is opening exciting new opportunities for companies in all industries. Our focus is on supporting our customers in the successful transformation of their commerce processes and customer relationships. A comprehensive, powerful and adaptable platform is key in driving this transformation.”
Quadrant’s research study also provides detailed competitive positioning of other major commerce platform vendors.
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is an independent, internationally leading provider of omnichannel commerce solutions. The latter are available as cloud-based commerce-as-a-service solutions or as licensed models and combine the expertise from over 25 years of software development for online commerce. Upon request, Intershop orchestrates the entire omnichannel commerce process chain – from the design of online channels to the implementation of software to fulfillment. Around the globe more than 300 enterprise customers run Intershop solutions Customers include large corporations such as HP, BMW, Würth and Deutsche Telekom as well as medium-sized enterprises. Intershop operates in Europe, the USA and the Asia-Pacific region.
This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.