Akeneo Named an Overall Leader in Ventana Research’s Product Information Management Value Index PXM pioneer takes top honors in six out of seven evaluation categories
Boston, MA
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June 24, 2021 06:00 AM Eastern Daylight Time
Akeneo, the global leader in product experience management (PXM), today announced that it has been honored as an Overall Value Index Leader in Ventana Research’s 2021 Value Index on Product Information Management (PIM). Akeneo was further classified as Exemplary, the highest possible rating, based on Ventana Research’s thorough analysis of product and customer experience criteria.
The PIM Value Index distils over a year of market and product research to evaluate 16 PIM software solutions in seven key categories weighted to reflect buyers’ needs. The index is structured to replicate the procurement process, and incorporates all the criteria needed to evaluate, select, utilize, and maintain PIM solutions and establish relationships with vendors.
Akeneo earned a top-three ranking in six out of seven categories — more than any other company surveyed — and was ranked first in three categories, earning the title of Overall Value Index Leader in each category. Among the categories where Akeneo exceled:
- Customer Experience, where Akeneo PIM was ranked 1st for providing an impressive level of information to communicate their commitment and dedication to customer needs for PIM technology.
- TCO/ROI, where Akeneo PIM was ranked 1st for effectively demonstrating the PIM business case, including the product’s strategic value, total cost of ownership and total benefit of ownership.
- Usability, where Akeneo PIM was ranked 1st for meeting the varying business needs of executives, management, workers, analysts, along with IT, and others involved in the PIM processes.
- Capability, where Akeneo PIM was honored for providing the broader and deeper range of PIM capabilities that support enterprise, commerce, supplier, consumer, and business-to-business requirements.
- Manageability, where Akeneo PIM was recognized for providing easy, secure, and flexible technology administration by business users as part of new enterprise tech requirements in an organization.
- Reliability, where Akeneo PIM was celebrated for providing high performance and scalability of the PIM system that supports the continuous processing required for business continuity and operational resilience.
Akeneo received an Exemplary Leader rating overall — the highest ranking possible — and won special praise for its TCO/ROI-related support, an area in which most surveyed companies struggled to deliver the support that customers need to make informed decisions.
“Akeneo PIM provides a set of flexible enrichment capabilities, powerful automation, and actionable insights for building and enriching contextualized product catalogs. You and your team can be productive, collaborate without friction, and deliver those great product experiences regardless of channel,” said Mark Smith, Chief Research Officer at Ventana Research. “Our assessment finds Akeneo finished as a Value Index Leader in the highest number of evaluation categories, demonstrating its leadership and investment to PIM.”
About Akeneo
Akeneo is a global leader in Product Experience Management (PXM) helping businesses with products to sell to unlock growth opportunities by delivering a consistent and compelling product experience across all channels, including eCommerce, mobile, print, points of sale and beyond. With its open platform, leading PIM, add-ons, connectors and marketplace, Akeneo PXM Studio dramatically improves product data quality and accuracy, simplifies catalog management, and accelerates the sharing of product information across channels and locales.
Leading global brands, manufacturers, distributors and retailers, including Staples Canada, Fossil, Air Liquide and Myer trust Akeneo to scale and customize their omnichannel commerce initiatives. Using Akeneo, brands and retailers can improve customer experience, increase sales, reduce time to market, go global, and boost team productivity.
Contact Details
David Wamsley
+1 415-259-9104
