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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

INTERSHOP Communications : named in the 2021 Gartner Magic Quadrant for Digital Commerce for its Ability to Execute and Completeness of Vision

09/02/2021 | 04:40am EDT

DGAP-News: Intershop Communications AG / Key word(s): Market Report/Study results
Intershop named in the 2021 Gartner Magic Quadrant for Digital Commerce for its Ability to Execute and Completeness of Vision

02.09.2021 / 10:38
The issuer is solely responsible for the content of this announcement.

  • Intershop is positioned as a Niche Player in the 2021 Gartner Magic QuadrantTM for Digital Commerce - the industry's highly regarded market research.
  • Intershop sees its platform well-suited for larger midsize and enterprise customers with complex ecosystems.

Jena, Germany, September 2, 2021 - Intershop Communications AG (ISIN: DE000A254211), a leading independent provider of innovative B2B commerce solutions, today announced that it has been named in the 2021 Gartner Magic QuadrantTM for Digital Commerce. Intershop views this recognition as a merit due to its strong B2B expertise and continuous technological progression.

The Magic QuadrantTM report by US-based Gartner research organization, which is highly regarded by decision-makers, regularly positions the players in the field of Digital Commerce. It is based on specific criteria that analyze the company's overall "Completeness of Vision" and "Ability to Execute". Intershop is positioned as a Niche Player in this year's platform evaluation.

Markus Klahn, CEO, Intershop Communications AG, says, "I believe, our inclusion in the Magic QuadrantTM sends a strong signal to the market and confirms our decision to focus on B2B commerce and the successful cloud transformation of our platform."

Intershop's commitment to support businesses with significantly improved B2B functionalities is reflected in the successful acquisition of new customers over the past two years. More than 300 B2B customers worldwide already rely on the Intershop Commerce Platform to scale, innovate, and increase market share. They value especially its high performance, agility and ability to integrate into sophisticated IT environments. The platform's composable architecture and an extensive selection of preconfigured APIs make it a good fit especially for larger businesses with complex ecosystems. Another strength includes a rapid front-end deployment thanks to Intershop's Progressive Web App (PWA) accelerator kit. It empowers clients to deliver a reliable, user-friendly interface for an outstanding, highly converting customer experience across all touchpoints.

"Intershop's inclusion in the Magic QuadrantTM in our opinion shows we are among the key players in the field of digital commerce despite intense competition from major global technology corporations. The result of this analysis, which is recognized throughout the industry, is an honor for us, encourages us to make our platform even better and to consolidate our position as a top provider in the B2B environment," Klahn continues.

A complimentary copy of the Magic Quadrant report to learn more about Intershop platform's strengths and cautions, among other provider offerings, will be available soon on the Intershop website.

About Magic Quadrant reports:

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

Gartner does not endorse any vendor, product or service depicted in our 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 research organization 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.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved

Gartner, Magic Quadrant for Digital Commerce, Jason Daigler, Yanna Dharmasthira, Sandy Shen, Penny Gillespie, Mike Lowndes, Aditya Vasudevan, 31 August 2021


About Intershop

Intershop (founded in Germany 1992; Prime Standard: ISHA) enables the world's leading manufacturers and wholesalers to digitalize, transform, and boost their businesses. Our e-commerce platform and cloud-based technology give B2B companies the power to establish and expand their digital presence, improve customer experience, and increase online revenue. With more than 25 years' experience and a global presence, we help our 300+ clients turn products into profits, customers into business partners, and transactions into lasting relationships.

Intershop is built to boost your business. Learn more at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or results may differ significantly from those contained in these forward-looking statements or from the results expected according to these statements. Risks and uncertainties that could lead to such differences include, among other things, Intershop's limited operating history, the low level of predictability of revenues and costs 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, general economic conditions, and uncertainty regarding the release of currently restricted cash and cash equivalents.


Intershop press contact:

pr@intershop.de, Tel: +49-3641-50-1000


02.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Intershop Communications AG
Steinweg 10
07743 Jena
Phone: +49 (0)3641-50-0
Fax: +49 (0)3641-50-1309
E-mail: ir@intershop.de
Internet: www.intershop.de
ISIN: DE000A254211
WKN: A25421
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1230700

End of News DGAP News Service

1230700  02.09.2021 


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