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Cnetric and Spryker Announce Composable Commerce Partnership for Digital Commerce Customers

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Universal Commerce and Spryker pave the way for organisations constrained by their monolithic commerce platforms

AUSTIN TX, February 24, 2023 /CNW/ – Cnetric a boutique system integrator for composable commerce, announced today a new partnership with Spryker, a leading platform for Enterprise Marketplaces, Thing Commerce, and Unified Commerce. This partnership will accelerate the efforts of those organisations who have the goal of making the shift to composable commerce. Many organisations still carry the burden of monolithic systems that is inherent in legacy vendor platforms. These vendors are ceasing to support these monoliths leaving their customers to carry significant cost burdens and technology debt. The transformation to Spryker’s composable architecture combined with Cnetric’s Universal Commerce – MACH Composer can reduce setup costs by up to 75% and reduce implementation time by 50%.

The traditional approach for software implementation for digital commerce is outdated and ripe for disruption. Cnetric’s Universal Commerce – MACH Composer with Spryker’s composable platform changes the paradigm by allowing enterprise customers to continue to invest and innovate even during challenging economic and recessionary times. Composable commerce offers a best-of-breed approach, providing organizations the flexibility needed to adjust to a constantly changing market and enable faster digital growth and transformation.

“With our 18 years of experience as a system integrator in the commerce market along with Universal Commerce (UC) the ‘composer for composable commerce’. We are excited to partner with a market-leading company like Spryker to bring this combined offering to market on a global basis” said Manohar Durai, Chairman and CTO at Cnetric. UC significantly enhances composability when customers need to integrate Spryker with existing commerce and other business systems e.g. CRM, ERP. UC also includes pre-built connectors to most off the shelf business systems. Thus UC complements Spryker capabilities particularly in reducing time and cost of implementation. Along with a smooth and gradual migration to a full MACH architecture while permitting the co-existence with legacy systems for some time as the business requires.

Gartner predicted in 2021, that by 2023 organisations who adopted a composable commerce architecture will outperform competition by 80% in the ability to add new features, capabilities and accelerate the pace of innovation. Cnetric and Spryker are able to offer these capabilities/features purpose-built today. “We are thrilled to be partnering with Cnetric to bring organisations a high-value composable commerce solutions and service. Cnetric’s technical excellence, industry know-how in commerce, and their Universal Commerce make them a great fit for us as we both expand globally,” said Boris Lokschin, Co-Founder and CEO at Spryker. “Organisations face many challenges today that both Spryker and Cnetric have been working on to make it easier. This partnership will offer a composable commerce solution that enables enterprises to shorten time to value and lower the total-cost-of- ownership. Spryker’s composable platform, which is specifically designed for sophisticated transactional businesses, and Cnetric’s Universal Commerce the ‘Composer for Composable Commerce’ will enable enterprises to future-proof their business, adapt, and accelerate digital growth on their journey to a composable commerce future.”

Cnetric’s Universal Commerce, managed and professional services help provide B2B2C digital businesses with true end-to-end service to manage complex digital commerce platforms, along with ongoing support from strategic planning through product selection, deployment, and hosting, to devops management.

About Cnetric

Cnetric, a leader in composable commerce, designs, builds and manages digital platforms in Commerce, Interactive & Cloud for major retail and branded manufacturers globally.

Cnetric’s portfolio of managed and professional services help provide retailers with true end- to-end solutions to manage complex digital commerce platforms, along with ongoing support from strategic planning through platform selection, deployment, and hosting, to data and supply chain management. Headquartered in Austin, Texas with offices and customers in the Americas, EMEA, and APAC.

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About Spryker

Spryker is the leading composable commerce platform for enterprises with sophisticated business models to enable growth, innovation, differentiation. Designed specifically for sophisticated transactional business, Spryker’s easy-to-use, headless, API-first model offers a best-of-breed approach that provides businesses the flexibility to adapt, scale, and quickly go- to-market while facilitating faster time-to-value throughout their digital transformation journey. As a global platform leader for Enterprise Marketplaces (B2B & B2C), Thing Commerce, B2B and D2C, Spryker has empowered 150+ global enterprise customers in more than 200 countries worldwide and is trusted by brands such as ALDI, Siemens, Hilti, and Ricoh. Gartner® recognized Spryker as a Visionary in the 2021 Magic Quadrant™ for Digital Commerce and has also been named as a major player in B2B e-Commerce by IDC. Spryker is a privately held technology company headquartered in Berlin, Germany and New York, USA.

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SOURCE: Cnetric

For further information:

Brett Ison, Senior Vice President, Cnetric,

Dennis Menendez, SVP Partners, Alliances & Investor Relations, Cnetric,

Spryker, Jamie O’Connor, Global Public Relations Lead, Spryker