Consolidation seems to be the word of the day.
This week’s news of eBay’s purchase of GSI Commerce was the latest in a steady stream of consolidation and acquisitions in the e-commerce retail industry that I am very excited to see. No doubt, the result of this trend has been a tremendous validation across all sectors of retail and e-commerce technology and a boon to all players in this space.
For example, we are seeing a growth amongst enterprise class retail POS solutions such as those run by Oracle, stemming largely from this summer’s ATG purchase. We are also seeing a growing focus on big-ticket retail workforce-warehouse solutions such as those designed by RedPrairie. Their acquisition by Escalate Retail recently only strengthened this trend. Last year’s IBM/Sterling Commerce buyout was also a pivotal turn for the industry, strengthening Big Blue’s position and helping them close the gap on multi channel SaaS offerings. The effects on other platform players like Blueport Commerce, as well as on tertiary vendors and tech providers (the likes of Akamai Technologies) that serve these companies has also been extremely positive from a growth standpoint.
I think the most important thing to note is that the consumer was not left out of these recent shopping sprees from billion dollar publicly traded companies. In fact, this week’s eBay’s acquisition of GSI Commerce proves even a tried and true marketplace leader does not know all and needs to redefine its strategy to meet changing consumer needs. The result of many of these acquisitions is actually a better offering for clients and a better way for them to manage their business.
The next twelve months in our industry will be interesting to say the least.
Copyright 2010, Official Blog of Blueport Commerce
This week’s news of eBay’s purchase of GSI Commerce was the latest in a steady stream of consolidation and acquisitions in the e-commerce retail industry that I am very excited to see. No doubt, the result of this trend has been a tremendous validation across all sectors of retail and e-commerce technology and a boon to all players in this space.
For example, we are seeing a growth amongst enterprise class retail POS solutions such as those run by Oracle, stemming largely from this summer’s ATG purchase. We are also seeing a growing focus on big-ticket retail workforce-warehouse solutions such as those designed by RedPrairie. Their acquisition by Escalate Retail recently only strengthened this trend. Last year’s IBM/Sterling Commerce buyout was also a pivotal turn for the industry, strengthening Big Blue’s position and helping them close the gap on multi channel SaaS offerings. The effects on other platform players like Blueport Commerce, as well as on tertiary vendors and tech providers (the likes of Akamai Technologies) that serve these companies has also been extremely positive from a growth standpoint.
I think the most important thing to note is that the consumer was not left out of these recent shopping sprees from billion dollar publicly traded companies. In fact, this week’s eBay’s acquisition of GSI Commerce proves even a tried and true marketplace leader does not know all and needs to redefine its strategy to meet changing consumer needs. The result of many of these acquisitions is actually a better offering for clients and a better way for them to manage their business.
The next twelve months in our industry will be interesting to say the least.
Copyright 2010, Official Blog of Blueport Commerce
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