Digital River Recognized for Completeness of Vision and Ability to Execute in Leading Industry Analyst Firm’s Annual E-Commerce Magic Quadrant
MINNEAPOLIS — Nov. 11, 2011 — Digital River, Inc. (NASDAQ: DRIV), a leading provider of global e-commerce solutions, has been positioned in the “Challengers” quadrant in the most recent Gartner, Inc. Magic Quadrant for E-Commerce, which was published Nov. 3, 2011. The report provides a snapshot of how various vendors perform in a market segment and is a guide for businesses in an e-commerce vendor evaluation and selection process.
In its “Market Overview” update, Gartner continues to see a strong demand for e-commerce solutions as demonstrated by an increase in client inquiries. These inquiries range from e-commerce strategic planning issues, such as entering new geographic markets and launching new online businesses aimed at a new customer base, to upgrade plans, and integrating mobile and social capabilities.
“Digital River is pleased to be recognized in the Gartner Magic Quadrant for E-Commerce report,” said Joel Ronning, Digital River’s CEO. “The industry is experiencing significant transformation, and we remained committed to a path of continuous improvement that will lead our clients into emerging markets of opportunity. We can help companies build complete multi-channel e-commerce strategies for conducting business across borders — offering everything from a comprehensive, global e-commerce system to personalized and localized shopping experiences for their customers.”
Thousands of companies worldwide, including Adobe, Electronic Arts, Kodak, Logitech, Microsoft and Trend Micro, use Digital River’s powerful, cloud-based e-commerce solution. On behalf of its clients, this year Digital River expects to support more than $10 billion in online transactions across its eight data centers.
To review the report, visit Gartner Magic Quadrant for E-Commerce.
About the Magic Quadrant
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About Digital River, Inc.
Digital River, Inc., a leading provider of global e-commerce solutions, builds and manages online businesses for software and game publishers, consumer electronics manufacturers, distributors, online retailers and affiliates. Its multi-channel e-commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running an e-commerce operation. The company’s comprehensive platform offers site development and hosting, order management, fraud management, export controls, tax management, physical and digital product fulfillment, multi-lingual customer service, advanced reporting and strategic marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with offices across the U.S., Asia, Europe and South America. For more details about Digital River, visit the corporate website, call +1 952-253-1234, or follow the company on Twitter.
Digital River is a registered trademark of Digital River, Inc. All other company and product names are trademarks, registrations or copyrights of their respective owners.
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