Evaluation Based on Completeness of Vision and Ability to Execute NEW YORK, July 23
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.
