11/11/2024 | Press release | Distributed by Public on 11/11/2024 14:06
Salesforce today announced it has been named a Leader in the Gartner® Magic Quadrant™ for Digital Commerce. This is the ninth consecutive year that Salesforce has been recognized for its execution and vision in this space.
Over the years, Salesforce has continued to strengthen its commitment to helping both B2B and B2C commerce businesses build highly personalized and AI-powered customer experiences at scale.
Why it matters: According to Gartner, the digital commerce platform market's revenue grew by 11.5% in 2023 to $8.9 billion. While below pandemic-driven rates, growth is steady, and Gartner expects an increase over 2024 to 2025.
Commerce Cloud empowers B2B and B2C companies across a wide range of industries to power commerce everywhere, equipping brands with tools to accelerate growth and reach customers on any channel with:
Innovation in action: Salesforce recently announced three agents for Commerce Cloud - Merchant, Buyer, and Personal Shopper - designed to autonomously manage a range of tasks, including product recommendations and order lookup, without the need for direct human supervision.
Salesforce also recently acquired PredictSpring, a modern retail Point-of-Sale (POS) software vendor built natively in the cloud. PredictSpring will enable Salesforce to unify digital and physical commerce channels at a global scale and provide AI-powered shopping experiences to customers both online and offline.
Salesforce perspective: "Businesses grow on Commerce Cloud because it delivers the agility and innovation customers need to scale their workforce and grow revenue across both digital and physical channels while building highly personalized customer experiences," said Michael Affronti, General Manager of Commerce Cloud. "Today, Commerce Cloud unifies every element of ecommerce on a single, integrated platform powered by trusted data and agentic AI, helping companies fuel business success across digital and physical channels."
Today, Commerce Cloud unifies every element of ecommerce on a single, integrated platform powered by trusted data and agentic AI, helping companies fuel business success across digital and physical channels.
Michael Affronti, General Manager of Commerce CloudFast facts:
Customer perspective:
According to Gartner® Peer Insights™, Salesforce customers are saying:
Gartner Disclaimer
Gartner, Magic Quadrant for Digital Commerce, 6 November 2024, Mike Lowndes, Sandy Shen, Aditya Vasudevan, and Jason Daigler.
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Appeared as Demandware in 2016 report. Demandware was acquired by Salesforce in 2016.