Top 9 Magento alternatives
Last updated: May 22, 2018
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The most flexible enterprise-class eCommerce platform to power your business. It's got the enterprise-class features and the flexibility you need to create an eCommerce solution tailored to your unique needs. And to help you drive more traffic to your store, convert browsers into buyers and boost online revenue.
Latest news about Magento
2018. Adobe acquires Magento CMS
Adobe will acquire online store builder Magento for $1.68 billion. The purchase gives Adobe a missing e-commerce platform piece that works in B2B and B2C contexts and should fit nicely in the company’s Experience Cloud. It should also help Adobe compete with Salesforce, SAP and IBM that offer own marketing, sales and service offerings in the cloud. Though, until now Magento has concentrated on SMB customers, whereas Adobe’s target audience is clearly the enterprise. If you look at the other players in the space who have already taken the e-commerce platform plunge, Salesforce got Demandware, IBM got WebSphere Commerce and SAP got Hybris, which were geared more to the enterprise target demographic, but he believes it was simply a case of the best option available.
2017. Magento introduced Instant Purchase Checkout
Magento is now the first commerce leader to offer an ‘Amazon-like’ experience as a standard feature, now available in the latest release of Magento Commerce. The new Instant Purchase feature provides returning customers with a faster checkout experience by using previously-stored payment credentials and shipping information to skip checkout steps. When a customer selects the “Instant Purchase” button on a product detail page, they are immediately taken to a confirmation page where they can place the order. Instant Purchase leverages Braintree Vault, available with Braintree Credit Card, Braintree PayPal, and PayPal Payflow Pro for stored payment information. Consistent with Magento flexibility, merchants can easily modify the Instant Purchase button text and business logic to customize the experience for their needs.
2017. Magento adds Security Scan Tool
Magento has rolled out a new security scan tool that enables Magento merchants to regularly monitor their sites and receive updates regarding known security risks, malware, and unauthorized access. Security Scan is a free service of Magento and can be run on any version of Magento Commerce (formerly Enterprise Edition) and Magento Open Source (formerly Community Edition). The tool includes over 30 security tests to identify potential vulnerabilities, such as missing Magento patches, configuration issues, and failure to follow security best practices. Historical security reports of Magento sites, allow to track and monitor their progress over time.
2017. Magento launched Business Intelligence Essentials
Magento has built a companion offering Business Intelligence Essentials that is the perfect jumping off point for anyone getting started with commerce analytics. Even if you’re not equipped with a team of data scientists or SQL experts, you should still be able to gain business-building insights from your transactional data. When you sign up for Magento BI Essentials, you get access to five dashboards comprising roughly 75 reports at an affordable price point. These are best-in-class analyses, and the result of years of direct contact with customers. With Magento BI Essentials, you can define your own business metrics and customize your reporting to reflect your unique needs. You can adjust anything out-of-the-box and even create an unlimited number of reports.
2017. Magento scores $250M to grow its ecommerce platform
Magento scored $250 million from Hillhouse Capital for growth, worldwide expansion of sales, marketing and client support, new product innovation and future acquisitions. Magento is an open source ecommerce software platform for merchants and brands in both B2C and B2B industries. Magento claims that its ecommerce platform powers 250,000 websites worldwide for customers including Nestle, Coca-Cola, Burger King and Ikea. It also claims to have powered $50 billion in annual transactions.