Being open source allows merchants to “innovate faster than we do,” says Peter Sheldon, vice president of strategy at Magento Commerce, the No. 1 provider to Top 1000 online retailers with 186 e-retailer clients in the Top 1000.

“If a merchant wants to build a feature or integration, we don’t want to hold them up. I’ve been in this industry for 15 years and the pace of change is faster today than it has ever been. What you think you know today is going to be different tomorrow.”

Magento launched the newest flavor of its platform, Magento 2, in 2015, as well as a cloud based platform, Magento Commerce Cloud, in April of 2016 that allows retailers to access software hosted on the web by the vendor. Sheldon says most new Magento clients are choosing…

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