Magento all you need to know about the technology
Krzysztof Ratajczyk
Fri Sep 06 2024
Are you looking for a Magento development team?
BOOK A CALLMagento is an eCommerce platform that was created in 2008. From the outset as open source software, it is a free version. It dominated the market for many years and was appreciated for its flexibility and unlimited scaling possibilities with a large pool of plugins and add-ons available for use.
Mature Technology
It facilitates custom e-commerce setups to suit each customer's unique requirements. Magento boasts a vibrant developer community that continually enhances its capabilities. This mature technology has a proven track record and serves as an advanced platform tailored for established businesses that understand their own needs and capacities.
Magento embodies maturity, aligning seamlessly with the latest digital trends.
Tried-and-tested technology, with numerous successful implementations across various industries.
Using the open-source platform requires an awareness of its unlimited possibilities, as well as the ability to develop it in a business-justified direction. Realizing the unlimited possibilities can lead to risks associated with generating unlimited costs.
Adobe Supported technology
In 2018, Magento was acquired by Adobe and is currently offered as Adobe Commerce. Magento Open Source exists in its current version. Both versions offer similar functionalities. The main differences lie in access to the code (open or closed source code) and the availability of customer support.
Magento OS does not offer customer service. Adobe offers a complete environment in the form of Customer Experience supporting not only e-commerce but all e-commerce-related activities such as content creation, including customer service.
Magento Community - Mage-OS
Some members of the Magento community in 2021 founded the Mage-OS association to copy the Magento code, develop it, and continue to provide it in the Open Source version, even if Adobe stops supporting Magento. The Magento community is a major asset of the platform, from which innovations (e.g. Hyvä.io) and initiatives such as Mage-OS originate.
Magento as a market leader
At present, Magento does not reign supreme in the e-commerce realm, with the rise in popularity of SaaS solutions like Shopify, BigCommerce, and Wix over recent years. Initially, their competition centred around pricing and the swift store launch capability. However, there has been a recent uptick in SaaS costs and instances of transitioning from SaaS platforms to Magento.
Magento cost
With Magento, there are no platform license fees - you profit from enjoying a lifetime free license. Invest in enhancing your distinctive website to boost your business, instead of investing heavily in the platform itself.
Open Source vs SaaS cost
When selecting an eCommerce platform, consider the initial investment and total ownership cost. Choosing an enterprise-level SaaS platform can be costly, covering design, development, customisation, integration, and hosting charges. Open Source platforms provide competitive pricing, while SaaS costs can rise as your business grows.
Source: https://magento-opensource.com/
Ownership and Control
When considering a strategic investment in eCommerce, it is crucial to prioritize the ownership of intellectual property, data, and the solution itself. Opting for Open Source solutions can offer advantages such as mitigating the risk of shutdowns by SaaS vendors due to compliance issues. By taking ownership of these key aspects, businesses can better position themselves for long-term success in the digital marketplace.
Security
Security is crucial when choosing a platform. Open Source platforms have security benefits like code transparency, quick vulnerability responses, and community collaboration for robustness.
- Two-Factor Authentication (2FA)
- Google reCAPTCHA for Enhanced Protection
- Prevent Admin Account Sharing
- Secure Password Policies
- Admin Password Lifetime and Forced Changes
Business Resilience
Building a successful business relies heavily on a solid technical foundation. That can provide the necessary expertise and knowledge to navigate complex challenges and innovate effectively in today's competitive market landscape.
- Granular access control: custom roles offering precise permissions.
- Enhanced security and compliance: limited access to sensitive data.
- Efficient workflow management: avoiding data overload.
- User-friendly interface.
- SaaS risk mitigation for vendor acquisition, bankruptcy, changes in business priorities, or cessation of essential features.
- Guarding against unilateral changes to commercial agreements or unexpected service interruptions.
- Emphasise ownership and control by prioritising intellectual property, data, and the solution. Open Source solutions offer advantages such as mitigating shutdown risks from SaaS vendors for compliance purposes.
Friendly UI Brand identity design
Open Source platforms empower your business to distinguish itself through distinctive functionality and design. Magento provides custom features and personalized designs, elevating your brand's identity. User text updated:
- User-Friendly Drag-and-Drop Interface
- Tailored Templates for Diverse Requirements
- Advanced Content Management Features
- Boost Customer Engagement with Dynamic Content
Flexibility
The Magento ecosystem offers a rich array of more than 4,000 extensions and a variety of specialist hosting providers to elevate and tailor your platform to perfection.
- Extensions marketplace
- Seamless Integration with Third-Party Solutions
- Enhance User Experience and Boost Conversion.
Community support
The Magento community plays a pivotal role in the platform's ecosystem. It consists of imaginative and passionate experts who foster innovation and offer motivation. This culture of collaboration propels the platform forward, yielding advantages for all its users. LINKS
Engage with the Magento Community through various channels:
- Seek solutions on Magento Stack Exchange
- Participate in discussions on Magento Community Forums
- Connect with the MageOS Community via Discord
- Access expert community support by joining the Magento Association.
