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Resource Type: Press Releases

PRESS RELEASE

THG Ingenuity named in 2023 Gartner Magic Quadrant for Digital Commerce

THG Ingenuity, THG PLC’s complete commerce division, has for the first time, been recognised In the Gartner® Magic Quadrant™ for Digital Commerce. Ingenuity has been acknowledged for its completeness of vision and ability to execute. 

August 31, 2023

31 August 2023 - THG Ingenuity, THG PLC’s complete commerce division has for the first time, been recognised In the Gartner® Magic Quadrant™ for Digital Commerce. Ingenuity has been acknowledged for its completeness of vision and ability to execute. 

According to the report, “Gartner defines a digital commerce platform as the core technology that enables customers to purchase goods and services through an interactive and usually self-service experience. The platform provides necessary information for customers to make buying decisions and uses rules and data to present fully priced orders for payment. 
 
To qualify for evaluation in the Magic Quadrant, vendors’ platforms must have out-of-the box (OOTB) capability to provide, or APIs to support, a self-service, interactive commerce experience that includes storefront, product catalogue navigation, product pages, shopping cart, check-out and customer account. Out of the box, platforms must also include the ability to search for a product, add products to a cart and fully price an order inclusive of product, customer and order-level discounts or promotions. Additionally, the platforms must support interoperability with customer, product, content and order functionality, and with data via APIs." 
 
Vivek Ganotra, THG Ingenuity's CEO, said: "Ingenuity Commerce has made significant commerce platform investments, and we continually optimise our proposition for our customers within our focus categories of Beauty & Nutrition, FMCG and Retail. THG Ingenuity’s complete commerce solution comprising ecommerce technology, operational capabilities and marketing solutions is truly unique.” 
 
Gartner, Research Methodologies Magic Quadrant, as on 25 August 2023. 
 
Gartner, Magic Quadrant for Digital Commerce, Mike Lowndes, Yanna Dharmasthira, Sandy Shen, Penny Gillespie, Aditya Vasudevan, Jason Daigler, 21 August 2023. 
 
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organisation 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. 
 
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. 

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