What is composable commerce?
Composable Commerce is a development approach that allows businesses to innovate using a modular development approach using best-of-breed components. Unlike a monolithic application, where users are embedded with an out-of-the-box commerce tool, composable commerce allows B2B organizations to construct their own customized commerce solution that caters strictly to their unique business requirements.
This approach empowers organizations to adapt swiftly to market demands, stay ahead of the curve, and achieve growth and success, as stated in a 2020 study by Garner. It predicted that by the end of this year, organizations that embrace composable commerce will gain a significant competitive advantage, surpassing their rivals by a staggering 80% in speed and efficiency in implementing new features.
Choosing between a monolithic and composable approach
So now the question B2B Businesses face is: should I remain with a monolithic system or make the jump to composable commerce? To make a well-informed decision that aligns with an organization’s needs and objectives, it is crucial to thoroughly comprehend the available options and carefully consider the benefits they bring.
Monoliths: the all-In-one solution
The traditional monolithic approach works well for smaller organizations with a centralized vision and an emphasis on all-in-one solutions. It involves implementing a comprehensive, ready-made system encompassing various ERP features and processes. While monolithic systems are generally perceived as simpler to implement, making them suitable for organizations with fewer resources, their tight integration poses challenges when scaling during company growth.
Composable commerce: flexibility for scalability
In contrast, complex organizations facing diverse operational requirements and integrating multiple systems can benefit from adopting a flexible, composable approach. Rather than relying on a single solution, organizations can leverage the flexibility of a composable architecture to adapt to their individual requirements.
One of the key aspects of B2B composable commerce is the ability to integrate different systems through the development of connectors and services. These connectors act as bridges, allowing different systems to communicate and share data seamlessly. This agility in integrating disparate systems is crucial for adapting to market trends, scaling operations effectively, and ultimately delivering exceptional customer experiences.