What's Happening?
Forter, a leading digital commerce trust platform, has been named to the Forbes 2025 Cloud 100 list, marking its fifth consecutive year on this prestigious ranking. The list, compiled by Forbes in collaboration with Bessemer Venture Partners, highlights the top 100 private cloud companies globally. Forter has significantly impacted the digital commerce landscape by driving over $9 billion in incremental revenue for its clients in 2024 and reducing costs by more than $1 billion. The company boasts a 99% customer retention rate and has expanded its clientele to include major brands like Wayfair and Skims. Forter's AI-driven platform has processed over $2 trillion in transactions, enhancing customer experiences for 1.8 billion consumers worldwide.
Why It's Important?
Forter's inclusion in the Forbes Cloud 100 underscores its pivotal role in the evolving digital commerce sector, particularly in fraud prevention and payment optimization. As businesses increasingly rely on AI to streamline operations and enhance customer interactions, Forter's innovations offer a competitive edge. The company's focus on agentic commerce, which involves AI agents acting on behalf of consumers, positions it at the forefront of a transformative trend in e-commerce. This development is crucial for businesses aiming to leverage AI for growth, as it addresses the challenges of trust and data management in digital transactions.
What's Next?
Forter is expected to continue its investment in AI and agentic commerce, potentially introducing more advanced solutions to further secure and optimize digital transactions. The company's ongoing innovation could influence broader industry standards and practices, encouraging other firms to adopt similar technologies. As Forter expands its market presence, it may also explore new partnerships and collaborations to enhance its service offerings.
