Commerce-as-a Service eliminates heavy upfront
costs allowing customers to continue the shift to frictionless
commerce
TORONTO, July 21,
2022 /CNW/ - Pivotree Inc. (TSXV: PVT) ("Pivotree''
or the "Company"), a leading provider of frictionless commerce
solutions, announced today a new partnership with Spryker, a
leading digital commerce platform for B2B, B2C, Enterprise
Marketplaces and Unified Commerce. This partnership unshackles B2B
customers from burdensome, monolithic systems, technology debt, and
cost constraints. The transformation to Spryker's composable
architecture combined with Pivotree's new Commerce-as-a-Service
offering which removes traditional cost barriers will become a
game-changer in the market.
The traditional business model for software implementation is
outdated and ripe for disruption. Commerce-as-a-Service
changes the paradigm by allowing enterprise customers to continue
to invest even during challenging economic and recessionary
times.
"In combination with our long history of technical excellence
and culture, we bring a unique solution to the market as compared
to other digital agencies and system integrators. We are thrilled
to partner with a market-leading company like Spryker to bring this
combined offering to market for the first time in North America," said Joseph Lee, GM Commerce at Pivotree. "Our
partnership is focused on supporting our B2B customers who have
complex ecosystems and requirements, and with Spryker's platform
flexibility and composability along with its robust engineering
capabilities, we will enable our customers to accelerate their
digital transformation at any point in their journey."
B2B enterprises often deal with sophisticated transactions and
complex business challenges - together Pivotree and Spryker are
able to offer capabilities purpose-built to tackle these
challenges. "We are excited to be partnering with Pivotree to bring
B2B enterprises a high-value composable commerce solution and
service. Pivotree's technical excellence, industry know-how in
commerce, and great company culture made partnering with them a
clear win when it comes to expanding our business in North America," said Boris Lokschin,
Co-Founder and CEO at Spryker. "B2B enterprises face many
challenges today that both Spryker and Pivotree have been working
on to make it easier. This partnership will offer a composable
commerce solution that enables enterprises to shorten time to value
and lower the total-cost-of-ownership. Spryker's composable
platform, which is specifically designed for sophisticated
transactional businesses, and Pivotree's Commerce-as-a-Service
benefits will enable enterprises to future-proof their business,
adapt in an ever-changing market, and continue their journey to a
frictionless commerce future."
Pivotree's portfolio of digital products, managed and
professional services help provide B2B2C digital businesses with
true end-to-end service to manage complex digital commerce
platforms, along with ongoing support from strategic planning
through product selection, deployment, and hosting, to data and
supply chain management.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
About Pivotree
Pivotree, a leader in frictionless commerce, designs, builds and
manages digital platforms in Commerce, Data Management, and Supply
Chain for over 250 major retail and branded manufacturers globally.
Pivotree's portfolio of digital solutions, managed and professional
services help provide retailers with true end-to-end solutions to
manage complex digital commerce platforms, along with ongoing
support from strategic planning through platform selection,
deployment, and hosting, to data and supply chain management.
Headquartered in Toronto, Canada
with offices and customers in the Americas, EMEA, and APAC.
Pivotree is widely recognized as a high-growth company and industry
leader. For more information, visit www.pivotree.com.
About Spryker
Spryker is the leading composable commerce platform for
enterprises with sophisticated business models to enable growth,
innovation, differentiation. Designed specifically for
sophisticated transactional business, Spryker's easy-to-use,
headless, API-first model offers a best-of-breed approach that
provides businesses the flexibility to adapt, scale, and quickly
go-to-market while facilitating faster time-to-value throughout
their digital transformation journey. As a global platform leader
for Enterprise Marketplaces (B2B & B2C), Thing Commerce, B2B
and D2C, Spryker has empowered 150+ global enterprise customers in
more than 200 countries worldwide and is trusted by brands such as
ALDI, Siemens, Hilti, and Ricoh. Gartner® recognized Spryker as a
Visionary in the 2021 Magic Quadrant™ for Digital Commerce and has
also been named as a major player in B2B e-Commerce by IDC. Spryker
is a privately held technology company headquartered in
Berlin, Germany and New York, USA. Find out more at
https://spryker.com
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SOURCE Pivotree Inc.