Elastic Path Receives High Honors in 2019 Paradigm B2B Combine
New tool provides vendor evaluation targeted directly at the needs of mid-market and enterprise B2B ecommerce technology buyers
VANCOUVER, BRITISH COLUMBIA -- June 25, 2019 -- Elastic Path, the leading provider of enterprise API commerce solutions, received major honors in the 2019 Paradigm B2B Combine, a new vendor ranking tool targeted directly at the interests of B2B ecommerce technology buyers. The company received six medals in the ten featured enterprise categories, including two gold, two silver and two bronze. Elastic Path was also awarded five medals in mid-market categories, including one gold, two silver and two bronze.
The Paradigm B2B Combine evaluates vendor’s solution across categories including Vision and Strategy, Ability to Execute, Product Capability, Customer Service and Support, Partner Ecosystem and Total Cost of Ownership. The evaluation criteria and all tabulation is handled directly by Andy Hoar, CEO of Paradigm B2B, based on years of experience in the space including as a vice president and principal analyst at Forrester, leader of the B2B Commerce Wave and author of the famous “Death of a (B2B) Salesman” industry forecast. Hoar compiled the 2019 Combine by conducting dozens of interviews with senior B2B VPs, IT decision-makers and ecommerce platform vendors.
“I’m excited to include Elastic Path in the first Paradigm B2B Combine reports (both the Enterprise Edition and the Midmarket Edition),” said Hoar. “Paradigm’s mission is to guide companies through today’s complicated and digitally-disrupted commerce landscape. B2B sellers need technology that allows them to offer a B2C-level experience in a more complex landscape. Customers spoke highly of Elastic Path Commerce Cloud’s promotions and pricing capability (for which it was awarded a gold medal) and the company’s approach to headless commerce (about which one customer commented 'If you want headless, Elastic Path's solution is a no-brainer')."
“These awards speak to Elastic Path’s dedicated focus on providing the best ecommerce solutions out there for B2B,” said Harry Chemko, CEO of Elastic Path. “We’ve invested big this year in our infrastructure and partner integrations, and our vision and strategy guides everything we do. Being honored in those areas is important validation of the important work we’re doing to support B2B companies at every stage of their digital transformation.”
These awards continue Elastic Path’s strong momentum in B2B in 2019. John Bruno, formerly a senior analyst at Forrester, joined the company earlier this year as vice president of product management to lead innovation on a paradigm change in B2B ecommerce recognizing the unique needs B2B oriented companies need that cannot be delivered by B2C ecommerce platforms. This week, the company also announced the hiring of Andrej Maihorn as vice president of industry solutions. Maihorn joins Elastic Path with 20 years of ecommerce experience with enterprise brands like Intershop, HP, Sun Microsystems and GSI Commerce (eBay Enterprise).
Elastic Path is making the Paradigm B2B Combine report available for free download, visit http://bit.ly/Paradigm-B2B-Combine-2.