Excerpted from the original press release.
Chicago, IL – Gorilla Group, a leading digital commerce solutions provider, today announced significant, company-wide growth on the strength of its growing Magento Commerce practice. The record breaking year includes nearly 40 percent growth, and more than 13 successful B2B and B2C new customer implementations among global brands.
Gartner estimates that the digital commerce platform market will grow at over 15% CAGR from 2015 through 2020. What’s more, Forrester estimates that B2B e-Commerce will top $1.1 trillion and account for 12.1% of all B2B sales in the US by 2020.
“We’re seeing exceptional demand for Magento in the marketplace,” said Ryan Noel, Managing Director of Client Engagement at Gorilla Group. “The adaptability of the platform enables best-of-breed commerce solutions for both consumer and business-to-business applications.”
Since its acquisition by Permira Funds in 2015, Magento Commerce has made significant platform investments to help merchants futureproof their business. With the launch of Magento Commerce Cloud, Magento Order Management and Magento Business Intelligence, merchants are now better equipped to deliver personalized, brand worthy experiences across channels.
“Magento and our ecosystem of top-tier partners play a key role in equipping merchants of all sizes, across every geography and industry to compete and thrive in today’s rapidly evolving commerce landscape,” stated Ryan Quaye, Vice President of Global Channel Sales at Magento Commerce. “The team at Gorilla Group has demonstrated an unwavering commitment to excellence and ability to deliver of the exacting standards of our joint large enterprise B2B and B2C merchants, and we’re pleased to see their business thriving.”
To keep up with demand, Gorilla Group has increased its investment in top talent by nearly 40 percent, and has continued to see an uptick in demand for the Magento Cloud suite, especially among large, global enterprise B2B implementations that would not be possible without the flexibility of the Magento Commerce platform.