Institutional

VTEX recognized as a Leader for B2B Digital Commerce Applications by IDC MarketScape

Lalo Aguilar
Lalo Aguilar December 18, 2023
VTEX recognized as a Leader for B2B Digital Commerce Applications by IDC MarketScape

VTEX, The Composable and Complete Commerce platform, has been named a ‘Leader’ in IDC MarketScape: Worldwide Midmarket Growth B2B Digital Commerce Applications 2023–2024 Vendor Assessment report. VTEX has also been named a ‘Major Player’ in IDC MarketScape: Worldwide Enterprise B2B Digital Commerce Applications 2023–2024 Vendor Assessment, December 2023 report.

These reports evaluate software vendors that provide digital commerce solutions for B2B sellers. The IDC MarketScape report noted, “VTEX is well-suited for mid-market to enterprise companies looking for a SaaS digital commerce platform capable of supporting B2B, B2C, and owned two-sided marketplaces all from one instance of the product.”

“VTEX has been recognized to tackle their challenge, championing the adoption of modern and composable SaaS technology that scales with their needs, and away from legacy monolithic platforms,” said Santiago Naranjo, Chief Revenue Officer (CRO) at VTEX. “Our acknowledgment as a ‘Leader’ in IDC’s WW Midmarket Growth report and rated second for the B2C and B2B On The Same Platform use case in Gartner’s Critical Capabilities for Digital Commerce report underscores VTEX’s dedication and unique, Pragmatic Composability approach to B2B and B2C digital commerce.”

VTEX supports more than 2,600 customers, with more than 3,400 active online stores across 38 countries. Its global B2B customers include Mazda, Colgate, Pierce Manufacturing and Stanley Black & Decker, among many others.

The aforementioned, Pierce Manufacturing Inc. is part of  Oshkosh Corporation (NYSE: OSK) and a leader in manufacturing state-of-the-art customized fire apparatus. Together with VTEX and commerce service provider, Echidna, Pierce Manufacturing built a modern commerce aftermarket portal serving its network of dealers, leveraging VTEX capabilities to streamline the buyer journey and to bring its B2B digital commerce site to life.

“With VTEX’s modular architecture, we have a user portal, an electronic parts catalog, a content management system, microsite functionality, and more. This allows us to manage one site instead of multiple software products, creating a seamless customer experience”

Kaela Kucera, ecommerce manager, Pierce Manufacturing

“VTEX is designed for scalability via an API-first architecture and is serverless, making it capable of automating business logic and abstracting infrastructure complexity”, highlights IDC. IDC MarketScape noted, “VTEX is a key player in the MACH Alliance, advocating for microservices-based, API-first, cloud-native, and headless commerce architectures. The company’s alignment with these principles positions it as a strong choice for enterprises seeking a future-proof digital commerce solution that offers both flexibility and scalability.” 

To read an excerpt of the IDC MarketScape: Worldwide Midmarket Growth B2B Digital Commerce Applications 2023–2024 Vendor Assessment report, click here. For more about VTEX, its commerce capabilities, and its work with some of the world’s largest brands, please visit www.vtex.com.

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