Leading Industry Analyst Firm Positions Venda in the Visionaries Quadrant in the July 2008 eCommerce Magic Quadrant Report
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NEW YORK, July 23 /PRNewswire/ -- Venda, the global leader in on-demand eCommerce solutions, today announced it has been positioned in the Visionaries quadrant in Gartner, Inc.'s Magic Quadrant for E-Commerce, authored by Gene Alvarez and published on July 18, 2008.
The Gartner report stated, "One new trend is that organizations have new ownership and operating choices. Software as a service (SaaS) is providing e-commerce capabilities to organizations that may not have had the resources or management support for an Internet sales endeavor. Moreover, organizations can choose how much e-commerce they want to own and manage."
"We are pleased to be recognized in the Visionaries quadrant, and consider Venda's positioning by Gartner additional confirmation of Venda's strength and value in the market," said Jeffrey Max, CEO of Venda, Inc. "Venda was the first company to deliver on-Demand eCommerce solutions, beginning in 2001. Our global organization continues to provide the most innovative eCommerce solutions at home and abroad, with terrific ROI and predictable cost. Further, we are consistently enhancing our platform to ensure our customers are always ahead of market demands."
Venda recently enhanced its platform offerings to further improve the shopping experience on all of Venda's customer sites. These include Imageware 5.0, a more effective rich media application for greater customer experience in viewing products; PowerReviews, the most comprehensive online customer review solution to enhance customer experience; and greater search query and dynamic navigation capabilities to improve online merchandising, conversion and revenue generation for its merchant partners.
About the Magic Quadrant
The Magic Quadrant is copyrighted July 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Venda, Inc.
Venda delivers on-demand eCommerce to some of the world's leading retailers and manufacturers, including DeBeers, Xerox, Crabtree & Evelyn, Sharp, Panasonic, Laura Ashley, The Body Shop, and Urban Outfitters.
The company's complete Software as a Service eCommerce platform combines flexibility, reliability and scalability with the operating advantages of an outsourced service. Multi-lingual and multi-currency capable, Venda's B2B, B2C and B2E solutions provide "best of the web" capabilities to mid-tier and Fortune 1000 companies, giving them a complete service and support infrastructure on which to grow their business.
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 experienced eCommerce veterans. www.venda.com.
SOURCE Venda, Inc.
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