Updated: Unleaded Group Prexy Clark and Team Among the Throngs at the 2012 Magento

eBay Inc (NASDAQ:EBAY) shares were trading at $40.19 while reporting up 0.30% from yesterdays close. The 30 analysts offering 12-month price forecasts for eBay Inc have a median target of 44.00, with a high estimate of 50.00 and a low estimate of 33.00.

The median estimate represents a +9.48% increase from the last price of 40.19. The current consensus among 34 polled investment analysts is to Buy stock in eBay Inc. This rating has held steady since May, when it was unchanged from a Buyrating. Analyst forecasts for current quarter earnings per share estimate are $0.55. Analyst forecasts for current quarter sales estimate are share are $3.4B

Denver, CO (PRWEB) May 09, 2012

Imagine is where merchants, partners, developers and Magento enthusiasts from around the world come together for three days in an engaging and exciting environment for collaboration, learning, networking, inspiration and, of course, Imagination! The inaugural 2011 Imagine Conference was sold out with 650 attendees and a 250-person waiting list, and the 2012 event more than doubled the participation.

Magento is a leading eCommerce platform and a division of X.commerce, Inc., itself an eBay Inc. company. Over the past year, the Magento community has doubled in size to 808,000 registered members, and with X.commerce there are a total of 1.1 million members in its developer community. Magento is sustaining growth through its continued investment across its full product suite, including its Enterprise Edition and its open-ecosystem solutions to its cloud-based Magento Go offering.

While at the Magento Imagine eCommerce conference, Clark and the Unleaded Group team met executives of Imagine Silver Sponsor aheadWorks Co., the world’s most extensive provider of extensions, templates and themes for the ecommerce solution Magento. CEO Artyom Rabzonov and Dmitri Koteshov, aheadWorks Co. Partner Channel Developer came all the way from their home base in Minsk, Belarus to participate in the event. Unleaded Software, the award-winning design and development arm of full-service media agency Unleaded Group, has been named a Professional Partner with aheadWorks, and the two firms first met two years ago in Majorca, Spain at the Magento Developers Paradise conference.

Unleaded Software, founded in 1996, was one of the first website design and development firms in the nation to become a senior-level partner with Magento, now holding a Gold Solutions Partner status. Two members of the Unleaded Group Team, programmer Brian Lee and Development Chief Ian Kullhem, have achieved the Magento Certified Developer designation after completing a rigorous examination process launched by Magento early this year.

During the 2012 Imagine conference, Magento unveiled its latest solution updates, the Magento Community Version 1.7 and Magento Enterprise Version 1.12, both software editions that include native HTML5 for Magento Mobile, more robust visitor segmentation, sophisticated rules-based relations, automated generation of coupon codes, support for multiple wish lists, as well as an expansion of the integration of PayPal Payments, to name a few. These technology updates give merchants and developers more tools to deliver customized and seamless shopping experiences.

Participants in the Imagine 2012 conference heard keynote addresses from three of Magento’s senior executives -- Roy Rubin, GM-Magento and Chief Product and Customer Officer of X.commerce; Matthew Mengerik, VP & GM of X.commerce; and, Bob Schwartz, President Magento Inc. -- as well as from four Guest Keynote Speakers -- Tim Kring, Emmy-nominate screenwriter, producer and creator of the TV series HEROES; Alison Levine, Captain of the First American Woman’s Everest Expedition; and, Stephen Messer, co-founder and vice chairman of Collective[i], a software-as-service business intelligence solution; and, Jim FitzGibbon, former president of Worldwide Hotel Operations for Four Seasons Hotels and Resorts.
In addition, a multitude of breakout sessions were held during the conference, covering such topics as “Doubling Your Revenues in 6 Months,” “Web Merchandising – We Are Merchants, Aren’t We?,” “Conversion Optimization – Hands On Methods for Improving Your Business Online,” “Selling Internationally – Going Global with Magento,” and “Social Media – Money Maker or Bank Breaker?”
About Magento
The Magento eCommerce platform serves more than 100,000 merchants worldwide and is supported by a global ecosystem of solution partners and third-party developers. Magento is a feature-rich, enterprise-class platform that offers merchants a high degree of flexibility and control over the user experience, catalog, content and functionality of their online store. In August 2011, Magento was acquired by eBay Inc., and is now a division of X.commerce, Inc. (an eBay Inc. company). For more information visit http://www.magento.com.
About X.commerce, Inc.

X.commerce brings together the technology assets and developer communities of eBay, PayPal, GSI Commerce and Magento to support eBay Inc.’s mission of enabling commerce. Through its ecosystem of developers, partners and tools, merchants now have a single point of access to the end-to-end commerce technology they need to engage connected consumers, and scale and grow their businesses. For more information visit http://www.x.com.

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Magento Is Leading platforms in the 2012’s E-commerce business

It has been a remarkable achievement for Magneto to rank among the top e-commerce platform in just 4 years. The survey shows that 20% of all eCommerce sites in the Alexa 1 Million are using Magento, which is the highest share than any other eCommerce development platform.

This year’s eCommerce survey found 33,632 sites in the Alexa Top 1 Million. The survey was done by analyzing the HTML document against a set of rules which detected the use of any one of 40 different eCommerce platforms. Magento was found to be the most popular platform amongst all other e-commerce platforms. Out of the 33,632 sites; 6,795 sites use Magneto which accounts for 20% of the top e-commerce sites found. The growth rate of around 21% in last 4 months alone shows the popularity that this platform has been getting in the field of e-commerce.

With the broad scope of expansion that Magento offers more and more merchants have started preferring Magento and as a result this growth rate is estimated to be increasing in the latter half of this year. Moreover, with the launch of Magneto Go we will be able to see many more e-commerce websites being launched on Magneto platform. However on the contrary, these sites would surely take time to improve their rankings but this hosted Magento solution has surely caused a revolution by targeting the small business which often preferred other e-commerce platform before Magento Go was launched.

Mr. Kalyan, the Sr. Market analyst of OpenXcell Technolabs says “As a Magento Bronze solution partner we are happy to look at this statistics which are proving to yield great returns for the whole Magento family which includes the merchants, developers, Magento Inc and its partners.”

OpenXcell Technolabs is a certified Magento Bronze solution partner and an ISO 9001:2008 certified premier web development company specializing in providing customized e-commerce websites with magento for enterprises. Their focus on quality solutions and wide expertise in the e-commerce domain has made them the most preferable Magneto outsourcing company in India. OpenXcell is also a Magento Go Pro partner and helps the small businesses to initiate their online business by launching their e-stores on Magento Go platform.

OpenXcell Technolabs provides complete range of magento e-commerce development services. The company offers hire magento developer services at reasonable price. Visit http://www.openxcell.com/ to know more about the company and its services. 
http://www.openxcell.com/internet-technologies/open-source-ecommerce/magento-development-india.html

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