Pax8, a cloud commerce marketplace, unveiled its marketplace vision at its inaugural partner conference, Pax8 Beyond 2023.
The announcement generated excitement among more than 1,200 managed service providers (MSPs), vendors, analysts, and media as Pax8 executives revealed the innovative roadmap.
Pax8 empowers partners with cutting-edge products and solutions in the evolving technology landscape, solidifying its position as a leader and driving force of innovation in the IT Channel.
“Today marked a momentous occasion for Pax8 as we unveiled the future of our cloud marketplace, a significant milestone in our journey,” said John Street, Pax8 CEO. “We are excited to introduce our visionary approach and execution path, offering unique customer acquisition opportunities to partners and providing data-driven insights into their customers’ solution lifecycle.”
Pax8’s vision for the future of cloud marketplaces is designed to meet the evolving needs of partners and vendors by delivering a marketplace platform that accelerates partner growth through innovative data-driven customer insights.
“The status quo of cloud marketplaces today is that of a simple product catalog. The future of marketplaces lies in being data-driven, understanding customers’ evolving needs, and equipping partners with tools to effectively sell solutions. This includes sophisticated customer lifecycle maturation and product mapping capabilities. Illuminating partners on their customer needs through security posture and solution coverage is crucial,” said Scott Chasin, Pax8 CTO.
Pax8’s future cloud marketplace offers partners a range of selected software as a service (SaaS) products and, for the first time, adopts a fully integrated configure-price-quote (CPQ) experience across cloud, hardware and services.
Additionally, partners can create and manage customer storefronts for presenting solutions, managing billing, and providing support.
“As the world moves to embrace conversational AI and a self-service approach to trying and buying SaaS, Pax8 is powering marketplace-led growth, connecting customers to partner-curated storefronts of solutions and services,” said Chasin.
Pax8 also announced a small and medium-sized business (SMB) prospect marketplace that will provide MSPs with a customer acquisition engine to power future growth.
The unveiling of Pax8’s marketplace vision provides a glimpse into how it will transform the industry. The company plans to introduce a range of innovative products and solutions that will foster customer-centric, seamless interactions among partners, vendors and customers, to enhance the marketplace experience.
Also in the pipeline is the launch of Pax8’s mobile app, slated to be available later this year. The app will empower partners with convenient access to Pax8’s cloud marketplace anytime, anywhere.
Another highlight of the three-day event, Pax8 recognized several partners and vendors with its first Pax8 Beyond Awards. The awards program honors partners and vendors transforming the channel ecosystem by driving cloud adoption and empowering businesses worldwide with advanced solutions.
“Pax8’s success is a direct result of the relationships we’ve built with our partners and vendors over the years, resulting in our strong community that is transforming the channel,” said Nick Heddy, chief commerce officer at Pax8. “It was an honor and a privilege to celebrate these companies and the incredible impact their services, solutions, and products have on businesses worldwide.”
Taking place earlier this week in Denver, Beyond 2023 provided Pax8 partners three days of immersive learning and innovation. Attendees gained critical business insights through keynote presentations from industry leaders, custom-built breakout sessions and an expo hall with more than 80 sponsoring vendors.
Nearly 23 partner and vendor awards were presented during the final day of the conference, showcasing the incredible transformation, impact, and success these companies have on the channel ecosystem through their partnership with Pax8.
Five of these awards, including Partner of the Year and Vendor of the Year, were presented on stage by Peyton Manning and Pax8 CEO John Street. For the complete list of award winners, visit Pax8 Beyond 2023 Partner and Vendor Awards.
