How Cloud Computing is Useful for Retail Industry

Internet has expanded its horizons and cloud computing is one such internet based computing system which meets the requirement of the user on demand basis, involving the duration of the service used. Retail industry which is growing at a fast pace is embracing this concept of internet computing. Cloud Computing India is a pioneer in this field providing service and support to its clients, eventually leading to a drastic reduction in their operation and IT cost.

Cloud Computing

The word cloud has been derived from the cloud symbol that represents the internet in a programmed flowchart. Cloud computing is a form of internet computing where shared servers provide resources, software and data to computers and other devices on demand. Cloud computing can be classified into software as a service (SaaS), Platform as a service (PaaS) and infrastructure as a service (IaaS). One has to subscribe for cloud computing for organizing installations and data customizations. Software giants like Google, Microsoft etc. have embraced cloud computing.

With cloud computing a retailer has to just purchase rights to use software’s on a need basis instead of buying a copy of the software for each computer in the firm. This is referred to as SaaS.

Retail Industry and Cloud Computing

Retailers are always on the lookout for increasing their efficiency and reducing the cost. Retailers are constantly faced with ever increasing applications with overlapping functions. When retailers enter new market segment complexity increases and the cost of IT also goes up. India Cloud Computing comes to your assistance in this scenario.

Retailers can save a lot by subscribing to cloud computing. A lot of our expenditure on IT management can be cut through this. We see retailers trying hard to maintain ten and thousands of computers in different locations. We can completely avoid the complexity of keeping and managing individual system through this. The traditional model of computing in the retail industry included buying software’s and its license, high end servers with high computing powers. By subscribing to Cloud Computing India services administration and networking of computers can be avoided, there is no requirement for storage units and no need to install firewall and antivirus protections.

A cloud computing provider can give analytical results to its retailer by identifying the trend, seasonality component of each product, brand or category and identify and monitor the performance. A retailer collects large sales data from the point of sale which if analyzed can give us an insight about the trend and demand of the customers. Due to the incompatibility between volumes of data and the processing power of the system these sales data get underutilized. Cloud provider uses high power computing resources to analyze these sales data in a much shorter time. Cloud Computing is definitely a boon to the retail industry as it not only reduces IT management cost but also contributes significantly towards inventory management.