Magento is an open-source technology developed looking to the rising requirement of eCommerce platform. It provides online merchants with exceptional flexibility and control over the look, content and functionality of their ecommerce store. Magento’s sensitive administration interface features powerful marketing, search engine optimization and catalog-management tools to give merchants the power to create sites that are customized to their business needs. It was developed and backed by Varien’s Support Network.
Though it is licensed under the Open Software License (OSL) v3.0, an open source certified license but the premium, Magento Enterprise Edition product is licensed under a commercial license. It seems that Open source products are rocking the market, to confirm its growth a recent report by published by O’Reilly Research on usage of it, as the revealed that the usability of such opensource has widen due to reduced vendor lock-in, quality and security, cost and innovation, all this factors are the strong indication of its overall growth.
Though it is licensed under the Open Software License (OSL) v3.0, an open source certified license but the premium, Magento Enterprise Edition product is licensed under a commercial license. It seems that Open source products are rocking the market, to confirm its growth a recent report by published by O’Reilly Research on usage of it, as the revealed that the usability of such opensource has widen due to reduced vendor lock-in, quality and security, cost and innovation, all this factors are the strong indication of its overall growth.
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Etool Citi

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