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"Being named a Leader from a leading analyst firm such as IDC, along with the Forrester TEI study, underscores the immense value global brands acquire when deploying VTEX’s composable and complete platform. We believe this is also in line with our peer recognition as a Customers’ Choice in the Gartner Voice of the Customer report for Digital Commerce”, said Santiago Naranjo, CRO at VTEX. "VTEX is at the forefront of shaping the future of commerce. By streamlining digital commerce infrastructure, we're bringing profitable growth to enterprises in 43 countries around the globe."

Some of the enterprise brands that are ushering in a new era of digital commerce as new VTEX clients in 2023 include:

• 7-Eleven
• BeautyCounter
• Hearst
• H-E-B
• Kayser Roth
• Osklen
• Pierce Manufacturing
• Tiffany & Co.

To learn more about VTEX’s industry recognitions, data-backed customer cases from B2C and B2B enterprise brands, and much more, click here.

GARTNER i s a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

VTEX (NYSE: VTEX) is the enterprise digital commerce platform where forward-thinking CEOs and CIOs smarten up their investments. Our composable and complete platform helps brands and retailers modernize their stack and reduce maintenance costs by rapidly migrating from legacy systems, connecting their entire value chain, and making inventory and fulfillment their strength. As a leader in digital commerce, VTEX is trusted by 2,600 B2C and B2B customers, including Carrefour, Colgate, Motorola, Sony, Stanley Black & Decker, and Whirlpool, having 3,500 active online stores across 43 countries (as of FY ended on December 31, 2023). For more information, visit www.vtex.com.

The IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

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*This is a Press release.

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