14
March
2016

Cloud Technology: A New Game Changer of Retail World

Retail in-Store are aiming to increase their ROI at a substantial rate by the end of 2016.

 

Most of the retail sectors and small business units are looking at the huge potentiality of the cloud technology and using it for the market benefits. Retail sectors are using the Cloud Technology for approaching the prospects and enjoying a high ROI.

 

Today's Online giants like Amazon are penetrating in the global retail market, approaching their clients well on making a remarkable business enveloped by the walls of satisfied customers.

 

cloud technology retail

 

Cloud-based computing is revolutionizing retail industries by reducing IT costs and managing the existing and emerging business system.

 

  • Cloud Simplifying Retail Interaction with Consumers:

Can you imagine your garment shopping experience without stepping the changing room? Well, YES you can! Cloud Technology equip your favorite shop's salesperson with mobile that confirms you of the size and style of your chosen dress and whether that suits you.

 

I guess in any kind of shopping the customer looks for a smooth shopping experience. So, keeping this in mind, all retailers should look forward for providing the technology that can satisfy the customers and improve the overall shopping environment to get a high rate of conversion

 

  • Cloud Playing an Active Role in the Supply Chain Process:

Many top US-based FMCG companies are riding the growth ladder with the improved supply chain operating platform of cloud technology. Retailers are investing hugely in the cloud technology that is gearing the retailers towards huge benefit.

 

  • Product Development in the Cloud-Based Technology:

Cloud Technology requires low-cost development tools for implementation and maintenance of the cloud. Also with the installation of the Cloud technology, the hardware cost, server maintenance cost of the company is reduced to a great extent. Cloud technology thus cuts the cost and reduce the production cost of any growing company. Thus low budget companies are benefitted by utilising this budget in some other business infrastructure.

 

Beside this, most of the growing companies are dealing with Big Data (rising to a point, where the data volumes are measured in petabytes) which underpin adoption of cloud technology for the daily operations. The internal IT section of the company is dealing with the Big Data Tools like Hadoop that handle the information and analysis to look for the best selling product and to identify its potential buyers.

 

  • Cloud Simplifiying the Communication Department:

Cloud is simplifying the complication success strategy making it more easily available for the retailers. It is accessing the retailers to the inventory process of the industry.

 

As Cloud is empowering the staff, reducing the workload and making their lives easy, retailers are looking forward to more productive days.

 

Cloud is beneficial for most of the retail sector and hence gained traction for the small to medium sized business that looks for the scale mainly for the retail business. Small to medium sized business are thus looking for the growth from integration and so gradually switching to the cloud. And we expect to see other industries to follow the suit early in the coming year.

About Ajay Hirawat

Ajay Hirwat has 5 + years of experience in Program Management and has been the Key Contributor of success at Marque clients of Tickto. He has been involved in the development and making sure that product works as promised. An BE ( Hons) from CSVTU, Chattisgarh, Ajay started his career with Maketick as an QA Analytic and grew through the ranks to become a Lead in his current role. He shifted to Tickto from July, 2015 and since then has been integrally involved with key customer accounts.

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