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Record Growth In Europe For Magento Platform

  • Written By Livie
  • Posted July 8, 2017
  • 2 minutes Read Time

As the worldwide leader in cloud digital commerce innovation, Magento announced significant growth in Europe with 2016 proving to be a record-breaking year for its flagship platform.

Magento has built substantial momentum thanks to a long-term vision relating to hiring the very best talent, product development and an ever-expanding global audience. Its customers enjoy the ability to quickly and decisively scale their business needs in response to market demands and customer trends.

Gartner named Magento as a leader in the April 2017 Magic Quadrant for Digital Commerce, highlighting their ability and completeness of vision.

“More than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years,” Gartner.

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“More than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years,” said Gartner, Inc. “This will make cloud computing one of the most disruptive forces of IT spending since the early days of the digital age.”

Magento has hugely increased its presence across the key markets of Europe including the UK, as well as other regions such as the Middle East and Africa. They have invested heavily in dedicated sales, marketing and customer support networks in these areas to actively grow their audience and customer base.

The company lists its most recent highlights as:

  • Growing adoption of its next-generation Magento 2 platform to over 12,500 live sites
  • More than 1,300 extensions are now available in the Magento Marketplace
  • Significant investment in platform enhancements including Magento Business Intelligence, Magento Social, Advanced CMS and Shipping

In addition, Magento has moved to rebrand its commerce suite which will now be called Magento Cloud, something that better aligns with customer needs and reflects the nature of its latest technology platform.

Magento is also recognising the contribution of its global ecosystem by renaming Magento Community Edition to Magento Open Source.