SOURCE: Venda

Venda

May 19, 2010 13:32 ET

Venda Positioned in Visionary Quadrant for E-Commerce Magic Quadrant

Leading On-Demand eCommerce Provider Honored in Gartner Magic Quadrant for Second Consecutive Year

NEW YORK, NY--(Marketwire - May 19, 2010) -  Venda, the world's largest on-demand eCommerce provider, announces today that it has again been named to the Visionary Quadrant in Gartner Group's E-Commerce Magic Quadrant. Based on the research criteria, Visionaries apply an innovative, market-leading and forward-thinking or disruptive approach to e-commerce.

Authored by analyst Gene Alvarez, Gartner's E-Commerce Magic Quadrant is focused on companies that are improving the online customer experience, enabling Web 2.0 and supporting mobile e-commerce. According to the report, "Online buyers want websites to accelerate the processes that perform product search, review relevant information, make comparisons and complete purchases. Tools should help buyers better understand products, and draw on community-based information for buying decisions. Moreover, consistent, orchestrated online experiences are required across multiple points of interaction, including smartphones, to enable contextual awareness that matches customers' browsing, buying and interaction habits."

Among the 23 vendors evaluated, Venda stood out based on its ability to strongly execute on eCommerce initiatives on behalf of its clients. In particular, Gartner called out Venda's attractive pricing model: "Venda's pricing model changed the way organizations viewed funding of e-commerce projects, because it was different than existing, per-transaction or revenue share models." Venda delivers on-demand eCommerce solutions to some of the world's leading retailers and manufacturers. A complete Software-as-a-Service (SaaS) platform, Venda combines flexibility, reliability and scalability with the operating advantages of an outsourced service to deliver unprecedented return on investment. 

"Today's positioning in the Magic Quadrant validates Venda as the leading visionary provider of SaaS as an eCommerce option for both enterprise and mid-level markets," said Jeffrey Max, CEO, Venda, Inc. "2010 has been a terrific year so far for Venda in terms of platform growth and customer adoption, we look forward to ongoing validation of the success that Venda brings to its merchant partners." 

To purchase Gartner's E-Commerce Magic Quadrant, please visit: http://www.gartner.com/DisplayDocument?id=1371615&ref=g_fromdoc

About Venda
Venda delivers on-demand eCommerce to some of the world's leading retailers and manufacturers, including Tesco, The Metropolitan Museum of Art, Superdrug, JVC, Urban Outfitters, Conde Nast and Jimmy Choo. The Company's complete eCommerce software and ecommerce solution combines flexibility, reliability and scalability with the operating advantages of an outsourced service. Multi-lingual and multi-currency capable, Venda's B2B and B2C solutions provide "best of the web" capabilities to Fortune 1000 companies. Venda allows customers to reduce the risk, complexity and cost associated with eCommerce, while empowering business users and delivering unprecedented ROI. With offices in New York, London and Bangkok, the Company is managed by a team of eCommerce veterans with many years of experience in online businesses.
www.venda.com

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