VTEX The True Cloud Commerce Platform Strengths, Domain Expertise, and Key Differentiators
In May 2019, Retail Pro International and VTEX launch integrated, agile digital commerce offering VTEX’s True Cloud Commerce. The new offering pairs comprehensive Retail Pro retail management solution for retailers who have a brick-and-mortar presence, with VTEX’s Cloud Commerce Platform for digital commerce.
VTEX The True Cloud Commerce Platform Recent Developments
VTEX launched strategic expansion throughout North America with a series of new initiatives including a corporate rebrand, exhibitions at key U.S. based industry trade shows, and a new leadership team in Miami.
VTEX The True Cloud Commerce Platform Mergers and Acquisitions (M&A) Activities
In January 2019, VTEX acquired UniteU eCommerce Platform as part of the company's efforts to expand rapidly within the market. This acquisition further strengthens VTEX's presence in the region, leveraging 18 years of UniteU's experience in the US and Canadian markets, as well as working alongside native integration systems like Retail Pro and Microsoft Dynamics NAV to offer a better, more robust unified commerce solution.
VTEX The True Cloud Commerce Platform Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying VTEX The True Cloud Commerce Platform applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of VTEX The True Cloud Commerce Platform and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified VTEX eCommerce customers.
VTEX The True Cloud Commerce Platform Overview
Ownership: - x
Number of Employees: 655
Functional Markets: eCommerce,
Key Verticals: Aerospace and Defense, Automotive, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
VTEX The True Cloud Commerce Platform Key Enterprise and Cloud Applications
VTEX The True Cloud Commerce Platform Revenues, $M:
|Type/Year||2018||2019||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
VTEX The True Cloud Commerce Platform Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
VTEX The True Cloud Commerce Platform Enterprise Applications Revenues By Functional Markets, $M:
VTEX The True Cloud Commerce Platform Enterprise Applications Revenues By Verticals, $M:
VTEX The True Cloud Commerce Platform Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
VTEX The True Cloud Commerce Platform Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
VTEX The True Cloud Commerce Platform Customers - Breakdown by Geo, Size, Vertical and Product
No. of VTEX The True Cloud Commerce Platform Customers: 2500
No. of VTEX The True Cloud Commerce Platform Enterprise Applications Customers: 2500
No. of VTEX The True Cloud Commerce Platform Cloud Customers: 2500
No. of VTEX The True Cloud Commerce Platform Cloud Subscribers: x
VTEX is currently the digital commerce platform of choice for 2,500+ online stores in over 30 countries, with a broad range of clients such as Sony, Walmart, Whirlpool, L’Óreal, Pandora, Avon, among many others.
VTEX The True Cloud Commerce Platform Market Opportunities, M&A and Geo Expansions
In April 2020, VTEX responded to strong demand from large B2C retailers and enterprise B2B brands in the US market by expanding its commerce capabilities and its US leadership team. This market expansion follows a $140 million investment by Softbank in 2019 and the recent opening of VTEX’s new US headquarters in Manhattan. This investment is driven by the increased interest and demand for modern and flexible commerce technology from enterprises like Stanley Black & Decker and Motorola.
With VTEX, customers can get Faster implementation 30% Boost in organic traffic 54% Increase in conversion rates.In 2017, the company launched their US and European operations with the opening of offices in Miami, London and Madrid, growing the VTEX global presence to 14 offices in 30 countries.
VTEX The True Cloud Commerce Platform Risks and Challenges
Sometimes there may be a breakdown in communications between VTEX and the partner. There are active security resources, with automatic retries, but there may also be human error, such as the partner updating the platform without updating the integration with VTEX.
VTEX The True Cloud Commerce Platform Ecosystem, Partners, Resellers and SI
The company has invested deeply in its partnership program, which has enabled them to build and cultivate relationships across a variety of industry-specific partners who specialize in a wide array of areas. With over 1,000 partners worldwide ranging from implementation agencies (SIS) to payment gateways and marketplaces, VTEX is immensely proud to offer the advantages of this ecosystem to all of its customers.
VTEX signed a strategic partnership with Adyen that will support the reach of e-commerce businesses as they expand into the global market. Adyen, known worldwide as the leading payments technology company facilitating global commerce, adds additional versatility to the already powerful VTEX name as they continue to offer better services in the international commerce market. PayMee, payment technology platform and VTEX signed a partnership for offering solutions aimed at e-commerce companies.
VTEX The True Cloud Commerce Platform Cloud Infrastructure Insights
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- VTEX The True Cloud Commerce Platform Public Cloud and Infrastructure (IaaS)
- VTEX The True Cloud Commerce Platform Platform (PaaS)
- VTEX The True Cloud Commerce Platform Application Delivery
- VTEX The True Cloud Commerce Platform Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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