NEW
YORK, July 20, 2023 /PRNewswire/ -- VTEX
(NYSE: VTEX), the global enterprise digital commerce platform for
premier brands and retailers, has been recognized with medals in
all 12 categories by industry analyst firm Paradigm B2B in its
annual Combine: Enterprise Edition report. Informed by leading B2B
ecommerce practitioners, VTEX received four gold medals - one more
than in 2022 (in the categories: - Customer Service & Support;
Integrations, Operations & Infrastructure; Marketplaces and
Promotions Management), and it is also the only provider with a
gold medal in the "Marketplaces" product capability category.
This recognition demonstrates that VTEX is best positioned
to lead this fast-paced and ever-evolving sector. On top of that,
it aligns with the platform's significant momentum from global B2B
brands, with clients such as Briggs & Stratton, CAE, Colgate,
Mazda, Stanley Black & Decker, Whirlpool, and many others.
"Since partnering with VTEX, our sales representatives have been
able to act more as consultants and business partners to our
customers. In the past, 70% of their time in a visit would be
consumed by taking an order," explains Orlando Gadea, Global VP Customer Experience
Transformation at Stanley Black & Decker, Inc. "This digital
transformation is a great change for our sales teams. It gives us
the superpower of being omnipresent. Our sales reps can be where
they are most needed and focus on what they do best - building
great relationships with our clients and making sure that our
clients are successful," concludes Gadea.
According to Paradigm B2B, the VTEX Commerce Platform is
particularly well-suited for enterprise B2B companies looking for a
composable ecommerce, Order Management System (OMS), and
Marketplace solution with strong promotions capability in a
flexible, multitenant SaaS environment. The analyst firm called out
VTEX's specific strengths in customer service, OMS, out-of-the-box
marketplace, promotions, and modern multitenant architecture.
"Companies are starting to see VTEX as the front-end of their
ERP, unifying all B2B and B2C order channels on a single platform.
By unifying channels, VTEX's clients become much more efficient,
and this, together with architectural simplification, is essential
for enterprise brands and retailers to succeed in the current
market," said Santiago Naranjo, Chief Revenue Officer (CRO) at
VTEX. "This report demonstrates how VTEX is set apart to modernize
tech stacks and reduce enterprises' maintenance costs, especially
amid the volatile economic environment."
In total, VTEX received four gold medals, five silver medals,
and three bronze medals in the following 12 categories of 2023
Paradigm B2B Combine - Enterprise Edition:
- Ability to Execute; - Customer Service & Support; -
Partner Ecosystem; - Total Cost of Ownership; - Vision &
Strategy; - Content & Data Management; - Integrations,
Operations & Infrastructure; - Marketplaces; - Promotions
Management; - Sales & Channel
Enablement; - Site
Search; and - Transaction Management.
Report author and industry analyst Andy
Hoar said in the report: "The purpose of the Paradigm B2B
Combine is not to force-rank solutions, but rather to score the
capabilities of certain offerings against objective criteria and
enable buyers to see where individual solutions are relatively
strong vs. weak. The goal is to put the ecommerce platform vendors
through the paces so that buyers can make well-informed decisions
without having to spend months of time executing their own
research."
For more information and to read the full evaluation of VTEX,
visit bit.ly/VTEX23ParadigmB2B
About VTEX
VTEX (NYSE: VTEX) is the enterprise digital commerce platform
where forward-thinking CEOs and CIOs smarten up their investments.
Our composable and complete platform helps brands and retailers
modernize their stack and reduce maintenance costs by rapidly
migrating from legacy systems, connecting their entire value chain,
and making inventory and fulfillment their strength. As a
leader in digital commerce, VTEX is trusted by more than 2,600 B2C
and B2B customers, including Carrefour, Colgate, Motorola, Sony,
Stanley Black & Decker, and Whirlpool, having over 3,400 active
online stores across 38 countries (as of FY ended on December 31, 2022). For more information, visit
www.vtex.com.
CONTACT: Rachel Goodwill
for VTEX, rachel.goodwill@walkersands.com
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SOURCE VTEX