hybris Named a Leader in Magic Quadrant Report by Leading Industry Analyst

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CHICAGO, May 16, 2013 (GLOBE NEWSWIRE) -- hybris, the world's fastest-growing commerce platform provider, today announced that for the second year running it has been included as a Leader in Gartner's latest 'Magic Quadrant for E-Commerce' (dated May 8, 2013). Following substantial growth in 2011, hybris has further consolidated its position as the market's dominant independent e-commerce and omni-channel vendor which it believes has helped to achieve its leadership placement in the Gartner report.

"Given the size of our next two biggest competitors, we believe our placement in the report confirms that hybris represents the most compelling e-commerce and omni-channel solution available in the market today," said Ariel Luedi, CEO of hybris. "Both our larger competitors, and smaller-sized vendors, struggle to compete with us on performance, value and functionality. In the next twelve months, we look forward to increasing our market share and building on the gains we made in 2012."

According to the Gartner report; "Organizations are focused on optimizing their e-commerce application portfolios, consolidating the B2B and B2C applications with a single underlying platform serving B2B and B2C customer's needs. Enterprises are critical in their evaluation and are increasing their preferences to shortlist platforms that can support B2B and B2C requirements. B2B e-commerce is beginning to resemble the B2C experience more closely, with business customers expecting a user experience with dynamic catalogs, recommendation engines and personalization similar to or better than what they are getting from their favourite consumer sites. Companies in high tech, industrial and manufacturing, business services, life sciences and financial services are creating e-commerce sites to replicate and, in some cases, replace a direct sales or indirect sales experience, and to provide their customers with a 24/7 online sales presence."

The Gartner report referenced in this press release is:

Gartner, Inc. "Magic Quadrant for E-Commerce", by Praveen Sengar, Gene Alvarez and Chris Fletcher, dated May 8, 2013.

For a copy of the report please visit: www.hybris.com/gartner-2013.

About the Magic Quadrants

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About hybris

hybris helps businesses on every continent sell more goods, services and digital content through every touchpoint, channel and device. hybris delivers "OmniCommerce™": state-of-the-art master data management and unified commerce processes that give a business a single view of its customers, products and orders, and its customers a single view of the business. hybris' omni-channel software is built on a single platform, based on open standards, that is agile to support limitless innovation, efficient to drive the best TCO, and scalable and extensible to be the last commerce platform companies will ever need. The same software is available on-premise, on-demand and managed hosted, giving merchants of all sizes maximum flexibility. Over 500 companies have chosen hybris, including global B2B sites W.W.Grainger, Rexel, General Electric, Thomson Reuters and 3M as well as consumer brands Toys"R"Us, Metro, Bridgestone, P&G, Levi's, Nikon, Galeries Lafayette, Migros, Nespresso and Lufthansa. hybris has operations in 15 countries around the globe. hybris is the future of commerce™. For more information, visit www.hybris.com.

CONTACT: Media contacts Meghan Reilly Walker Sands Communications 312.445.9926 meghan.reilly@walkersands.com Kaylee Laudon hybris 952.200.4806 kaylee.laudon@hybris.com

Source: hybris