Commerce.Asia: Set to Revolutionise eCommerce throughout APAC

Top 10 eCommerce vendors in APAC - 2020

As consumers’ daily lives get more entangled with the internet, the growth for the e-commerce market is soaring high. With the increasing demands of online shopping, the retail e-commerce market is expected to reach almost $5.1 trillion by the end of 2021. With the surge in internet penetration and digitalization, disruptive technologies like AR are enhancing online shopping reality. By allowing customers to visualize their products in a true-to-scale 3D model, AR-based shopping is saving customers' time and makes shopping fun, interactive, informative, and cost-effective. Many e-commerce companies are using AI and machine learning-based algorithms to make smart product recommendations. Also, using big data and AI-based tools, e-commerce retailers are gathering real-time information about their customers and making on-site personalized suggestions. These efforts are not only reducing bounce rates but also uplifting the revenue collection. Moreover, at the crux of personalization, AI-based chatbots are allowing retailers to communicate with several customers, thereby giving them relevant suggestions and solving their issues immediately.

Furthermore, with the radical shift of millennials from Facebook to social platforms like Instagram, YouTube, and others, brands are revamping their promotion strategies. By focusing more on making short, engaging videos or enticing graphic content that goes well with the dynamics of these newly evolved platforms, the organizations are venturing into new opportunities. This lowers overhead costs and increases the reach and sales of several local manufacturers, suppliers, and wholesalers through an integrated network. For instance, with the omnipresence of all the economic backgrounds of any country on the social media platforms, brands and influencers can effectively target their respective niches.

Considering the swirling cauldron of changes e-commerce is bringing, choosing the appropriate solution provider can be a task. In order to assist firms in the task of finding accomplished e-commerce vendors, we have compiled this issue of APAC CIO Outlook. In this edition, we have listed the top 10 e-commerce vendors along with top 10 e-commerce consulting/service companies in APAC for 2020to highlight the companies that can escalate the chances of your growth in this highly dynamic and competitive environment. Equipped with innovative technological capabilities, these vendors are set to transform the e-commerce landscape. We hope this issue of APAC CIO Outlook helps you build the partnership you and your organization need to foster a workspace driven by robust and efficient technology.

We present to you APAC CIO Outlook’s “Top 10 eCommerce vendors in APAC for 2020”

Top eCommerce vendors in APAC

ChannelAdvisor

ChannelAdvisor is a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase the scale and profitability of their global sales through dozens of online channels including Amazon, Google, eBay, Facebook and more. Through automation, analytics and optimization, ChannelAdvisor leverages a single inventory feed to more efficiently list and advertise products online, connecting suppliers with shoppers to increase sales. Billions of dollars in sales are driven through ChannelAdvisor every year, and thousands of customers such as Eddie Bauer, Jockey and eBags depend on ChannelAdvisor to substantially grow their businesses

www.channeladvisor.com

commercetools

commerce tools is a next-generation software technology company that offers a true cloud commerce platform, providing the building blocks for the new digital commerce age. Provides leading-edge API approach helps retailers create brand value by empowering commerce teams to design unique and engaging digital commerce experiences every where – today and in the future. Their agile, componentized architecture improves profitability by significantly reducing development time and resources required to migrate to modern commerce technology and meet new customer demands. It is the perfect starting point for customized microservices.

commercetools.com

Vettons

Vettons is enabling the new retail ecosystem throughout Malaysia and APAC by humanizing digital technologies and empowering consumers through memorable experiences. Guided by a vision to enable the new retail ecosystem throughout Malaysia and other countries in the APAC region, Vettons is aligning its solutions with the ever-evolving market trends and humanizing digital technologies to empower consumers with memorable experiences. As a game-changing innovator in the retail and eCommerce space, Vettons leverages digital technologies to empower consumers in managing their daily lifestyles.

www.vettons.com

aCommerce

aCommerce is the largest brandecommerce platform & service provider that offers end-to-end and ala carteecommerce solutions for brands in Southeast Asia (Thailand, Indonesia,Singapore, the Philippines, and Malaysia). It offers ecommerce consulting,digital marketing, IT development, store ops, customer care, fulfillment anddelivery. They have developed their core technology in-house on one integratedand end-to-end platform to make ecommerce easy for brands in Southeast Asia. aCommerce has over 1,400staff spread out across 5 offices, 7 fulfillment centers, and 18 hubs. The aTeamis made up of highly ambitious individuals driven to innovate, build, andsucceed.

Corevist

Corevist is a B2B software company that provides SAP-integrated eCommerce solutions to Manufacturers and Distributors. Their solution is unique in that they offer a fully-integrated eCommerce stack that interacts with their client’s SAP system in real-time, solving many of the most complex scaling challenges in B2B eCommerce. Corevist has processed over $1B in orders for their clients. Corevist offers a cloud platform (Corevist Commerce), implementation services, SAP integration, and ongoing support. It suite leverages SAP ERP data in real-time for accurate and seamless user experience. As a result, Corevist clients become easier to do business with, embrace the digital shift, and reduce the phone/fax/email burden on Customer Service all with no additional IT investment. The company also offers fully-managed, SAP-integrated e-commerce solutions for manufacturers in all verticals

Digital River

Founded in 1994, Digital River is a leading global provider of Commerce-as-a-Service solutions. The company offers multi-tenant, SaaS commerce, payments and marketing services to business-to-business (B2B) and business-to-consumer (B2C) digital product and cloud service companies as well as branded manufacturers. Customers range in size from small to mid-sized companies to multi-national enterprises from a variety of industries, including, software, consumer electronics, computer games, publishing, travel, music, video games, electronic toys, housewares, medical equipment, power tools and direct-selling, among others. In 2013, Digital River processed more than $30 billion in online transactions

eWAY

eWAY is a global online payment gateway that processes credit card payments. It is supported by more than 350 shopping cart platforms and 23 banks in the United Kingdom, Australia, and New Zealand. They process billions in payments every year across the globe for tens of thousands of businesses. They are merchant centric and believe in offering their community a safe, reliable, and frictionless payment gateway which is a cornerstone to their growth and success. They are part of the Global Payments network (NYSE: GPN) and the only provider with a “real people” 24/7 local and omnichannel customer service offering.

Kemana

Kemana is a Leading Ecommerce Solutions Agency in APAC serving clients in B2C and B2B segments. It consists of diverse team of Consultants, Analysts, Designers, Engineers and Support Staff service a wide range of clients including Starbucks, eBay, Fossil, Ralph Lauren, Astra, Ranch Market, Mitre, Kuehne + Nagel and Samsonite. Kemana builds Enterprise Level Ecommerce websites and technologies using the world's leading software solutions.They are a Certified Professional Magento Partner, Certified Adobe Partner and a Certified & Preferred Big Commerce Partner.

Magento Commerce

Magento, an Adobe Company, is a leading provider of cloud commerce innovation to merchants and brands across B2C and B2B industries and was recently named a leader in the 2018 Gartner Magic Quadrant for Digital Commerce. In addition to its flagship digital commerce platform, Magento Commerce boasts a strong portfolio of cloud-based omnichannel solutions that empower merchants to successfully integrate digital and physical shopping experiences. Magento Commerce is supported by a vast global network of solution and technology partners, a highly active global developer community and the largest eCommerce marketplace for extensions available for download on the Magento Marketplace

SLI Systems

SLI Systems develops learning-based search and navigation technology for publishers, ecommerce and corporate sites that Searches, Learns and Improves the user experience. SLI's patented Learning Search technology takes relevance a step further by learning from visitors' behavior over time to deliver more relevant results, which leads to increased customer satisfaction and more sales, while reducing costs and yielding valuable customer information that can positively impact other marketing activities.SLI also offers a version of Learning Search called Learning Search Ecommerce, an Ecommerce Site Search product that is designed specifically for sites who sell products online and require advanced product merchandising.