Blog

Magento released the first results from an IDC-commissioned global market research project that analyzed the economic impact of the company, their customers, and their partners on worldwide digital commerce.  The results reveal the immense economic impact and influence of merchants using Magento. Results show that online merchants will generate over $224 billion by 2020, which is greater than the growth of global digital commerce. To learn more about the results, click here.

In August 2016, Magento acquired RJMetrics, a provider of business software for online retailers. At first, RJMetrics was called Magento Analytics.  In January, Magento Analytics was rebranded to Magento Business Intelligence, to more accurately describe the all-inclusive power of the program. Magento Business Intelligence shows a more complete picture of the customer experience through multiple sources of data, all in one cloud-based place. This provides merchants with more efficient means to make data-driven decisions, helping to increase sales and provide an improved customer experience. For a closer look, check out the Magento Business Intelligence Post-Holiday Webinar.

Earlier this month, Magento announced the launch of the new Magento Developer Blog. The new blog is designed to provide development news directly from Magento and allows for search and comments, providing even more support to the Magento community and helping developers succeed.

Magento has also announced a new ten-step Extension Quality Program (EQP). This new review process incorporates the previous business, technical, and marketing reviews for each extension, and has added more steps to the technical review process including a product verification script and manual quality assurance. The EQP will retroactively apply this process to extensions that are currently listed in the Marketplace, as well as for new extension submissions moving forward.

According to builtwith.com, there are now over 5,500 active websites using Magento 2, meaning that M2 sites account for somewhere around 2% of all Magento sites on the web.