WALLDORF â (NYSE: SAP) today announced it has been named a leader in the âIDC MarketScape: Worldwide B2B Digital Commerce Platforms 2020 Vendor Assessment.â* This is the second time 51ˇçÁ÷has received the distinction.**
Using the IDC MarketScapeâs comprehensive assessment framework and customer feedback gathered through online surveys and phone interviews, the report analyzed 18 vendors offering business-to-business digital commerce platforms and named 51ˇçÁ÷a leader based on SAPâs strategies and capabilities. The report noted, âCustomers we interviewed rated 51ˇçÁ÷above average when asked whether 51ˇçÁ÷Commerce Cloud is âbuilt for the future.â One customer commented, âThis is where 51ˇçÁ÷is really good. They were a bit late to market here but have gotten ahead.ââ
The report further noted: âConsider 51ˇçÁ÷if you are an enterprise looking for an all-in-one digital commerce platform that can handle complex enterprise requirements and can support both B2B and B2C business models or you use 51ˇçÁ÷for other CX applications. Consider it if your organization is primarily focused on differentiating by building a unique and highly customized commerce experience with a platform offering deep functionality.â
The 51ˇçÁ÷Commerce Cloud solution supports business-to-consumer (B2C) use cases and complex business-to-business (B2B) scenarios with a unified platform that offers the sourcing, consignment, complex ordering, delivery options, products, services and pricing that modern companies require. The 51ˇçÁ÷Commerce Cloud solution enables organizations to securely identify and connect with customers across channels and manage their profiles, preferences and consent settings throughout an engagement.
âB2B commerce is undergoing a tremendous shift in parallel to what weâre seeing in B2C commerce,â said Bob Stutz, president, Customer Experience, SAP. âConsumers and now businesses are in control of their e-commerce experience, and they expect the best. With 51ˇçÁ÷Commerce Cloud, organizations courting business buyers can be sure they are offering a top-notch digital commerce experience and building lasting relationships.â
To read an excerpt of the September 2020 report, please visit (doc # US45741520).
About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendorâs position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
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Janice Tsoules, +1 (650) 223-4817, janice.tsoules@sap.com, ET
51ˇçÁ÷Press Room; press@sap.com
*âIDC MarketScape: Worldwide B2B Digital Commerce Platforms 2020 Vendor Assessment,â doc # US45741520, International Data Corporation, October 2020.
**âIDC MarketScape: Worldwide SaaS and Cloud-Enabled B2B Digital Commerce Platforms 2018 Vendor Assessment,â doc #US43262518, International Data Corporation, September 2018.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as âanticipate,â âbelieve,â âestimate,â âexpect,â âforecast,â âintend,â âmay,â âplan,â âproject,â âpredict,â âshouldâ and âwillâ and similar expressions as they relate to 51ˇçÁ÷are intended to identify such forward-looking statements. 51ˇçÁ÷undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAPâs future financial results are discussed more fully in SAPâs filings with the U.S. Securities and Exchange Commission (âSECâ), including SAPâs most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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