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Jun 2, 2020 | 3 minute read
written by Anatoli IIakimets
We live in the “digitally connected world” where everything is changing rapidly, and which is characterized by the following trends:
To address those challenges, organizations need to move away from static, siloed, structural hierarchy in which goals and decisions rights flow down the hierarchy to a more agile format. This format is characterized by a people-centered culture that operates in rapid learning and fast decision cycles, which are enabled by technology.
This approach allows businesses to adapt to new market requirements quickly by allocating resources where they are needed the most and embracing cross-functional teams to find a solution for a problem. These teams have all the necessary tools, processes to quickly find a solution to a business problem, validate it, and scale.
According to McKinsey & Company, agile organizations demonstrate up to a 20-30% improvement in financial performance compared to their peers.
Commerce service is a business-critical, revenue-generating asset and needs to support the needs of an agile organization by delivering superior technical agility:
Elastic Path Commerce Cloud delivers superior technical agility, which allows you to provide new unique commerce experiences within weeks instead of months. We do this by providing a unique combination of tools, processes, and capabilities which ensure excellent developer experience:
Superior technical agility provided by Elastic Path Commerce Cloud allows you to deliver business outcomes and adapt to the pace of business change without doing a large-scale rip and replace projects. Instead, you can quickly assemble commerce business capabilities to introduce experiences and revenue streams rapidly.
Explore how some of our customers, including Pella, and reMarkable were able to leverage Elastic Path Commerce Cloud to achieve superior technical agility and bring new experiences to the market faster than ever before.