Retailers Expand Use of Technology Solutions
Gaining 360 Degree View of Consumers
Security Implementation In Retail Directly Proportional To System...
Retail: It's All About 'Experience'
E-Commerce's Future requires New Thinking & New Practices to Succeed
Jayson Serrault, Chief Marketing and Technology Officer, Batteries Plus Bulbs
Delivering an Elevated Customer Experience Requires an Agile Retail...
Perry Kramer, SVP & Practice Lead at Boston Retail Partners
The Realization that Online is Where the Future Is
Reid Greenberg, Senior Vice President, Kantar Retail
The Transformation of Retail
Michael Koch, Former Sr. Director, Samsung Electronics America
Thank you for Subscribing to CIO Applications Weekly Brief
Strategic Roadmap to Avoid Simple Cloud Blunders
Overcoming possible cloud adversities can help retailers reap better business benefits.
FREMONT, CA: The trend of retailers migrating to crowds can be understood if one considers the advantages clouds offer- agility and scalability. Apart from that, many other features and tools are attracting retailers to cloud-based systems. The provisions of automation using application programming interfaces (API) and the absence of licensing requirements are two such cloud capabilities. Retailers can create problems for themselves in many ways and here are the remedies.
• Reliable Budgeting
Cloud services might be free to start with, but costs will be levied subsequently. Understanding the pricing is very important on the part of retailers before going for any cloud services. Categorically planning the implementation should be a priority so that the budget is fixed beforehand, and no later complications will arise. Mistakenly assuming the prices should be avoided.
• Broadening the prospects of Flexibility
The retailer should understand the terms and conditions of cloud vendors before opting for them. It is essential that companies have the option to move into other cloud platforms. This is an important strategy for availing competitive prices and evolving tools. Vendor lock-in can be disastrous for a retailer, and companies should prevent it at any cost.
Prevailing technological expertise with retailers might not be sufficient in case of a migration to the cloud. Cloud technology requires technologically sound teams to address the complexities. In case of a failure, the retailers should be able to recover their assets at the earliest and minimize the impact. Hiring talent and preparing the workforce for a cloud deployment can go a long way in securing smooth cloud operations.
• Ensuring Compatibility
Retailers can improve functions and customer experiences using the open source databases available these days, but certain clouds are not compatible with these. Cloud vendors may provide similar tools, but generally, they are not as good as the open source one, leading to limitations. By ensuring compatibility, retailers can find themselves in good positions to utilize the open source landscape to their advantage.
The retail sector is going in the right direction by adopting cloud technology. With attention to minutes of the details while implementation, clouds can give retailers assured returns and long-term viability.