Pimcore PIM listed in Forrester’s “Now Tech: Product Information Management, Q1 2020” Report!
Forrester has listed Pimcore as a promising Product Information Management (PIM) vendor in its “Now Tech: Product Information Management, Q1 2020” report, placing it among 22 trusted PIM providers.
The report emphasizes how PIM solutions can improve enterprise customer experience, sales, time-to-market, and facilitate wide-ranging content-led digital transformation initiatives. It lays down a list of chosen vendors differing in functionality and size.
The report segments the chosen vendors in three categories with regards to their PIM revenue. It begins with the large-sized providers (having a revenue of over $25 million), mid-sized providers (having revenue between $25 million to $10 million), and smaller providers (having a revenue lesser than $10 million).
The report explains PIM segmentation of vendors based on the following core capabilities and functions:
- Marketing and commerce solutions
- Core product data solutions
- End-to-end solutions
It further assesses the above capabilities and functions of vendors, on parameters like:
- Content onboarding
- Data quality governance
- Rules and reports
- Content creation and enrichment
- Content insights
- Digital asset management
- Workflow management and collaboration
- Structured content
- Unstructured content
- Enterprise support
The primary functionality segment of Pimcore, according to the report, is – core product data. It offers a percentage approximation of Pimcore’s existence across geographic locations of North America (NA), Latin America (LATAM), and Europe, the Middle East and Africa (EMEA). As per the report, the three industry verticals where Pimcore PIM focuses are retail, manufacturing, and consumer goods.
On the whole, the report emphasizes on how investing in a PIM can be beneficial for enterprise needs and gives businesses a comparing ground to evaluate PIM vendors.
It encourages enterprises to consider PIM as part of their comprehensive data strategy and creating a business case that keeps the interests of various teams into account while prioritizing on customer and employee experience.
Finding a mention in this list, among prominent PIM vendors, yet again highlights the range and capabilities of Pimcore PIM.