We had a recent phase where much was said that new technologies, such as e-commerce, would be ending offline retail and that we would have a large number of people losing their jobs and stores closing. In fact, what happened was a great evolution of the sector, influenced by the Internet, social networks and mobile devices. Cloud computing had its participation as a necessary tool to enhance this transformation.

After the period of consolidation of the cloud, proving the competitive advantages, a secure environment and the several success stories, the retail sector believed that it could benefit both in the online and offline environment and that it would be an important strategic decision to migrate to the cloud computing.

Cloud computing as a strategic decision for retail growth

The retail sector has literally embraced cloud computing as a fundamental part of growth and to obtain real results in terms of reducing operating costs and achieving competitive advantages over competitors.

Cloud computing has enabled retailers to innovate in a highly competitive market with major financial impacts. It was the cloud that enabled the creation and expansion of large retail chains, at a time when the need for high investments in IT was reduced.

Strategic benefits achieved by adopting the cloud

Operational benefits such as real-time reporting, more streamlined operations, speed and flexibility were some of the advantages that were quickly felt in the retail sector when migrating and adopting the cloud.   

predictability

The technology resources associated with cloud computing, such as data analysis, allowed for increased predictability of companies in the retail sector. This means that the cloud allows the effective processing of information about customers' buying habits and preferences, which directly impacts the control over the acquisition and delivery of goods within a network of stores. All this based on information processed and made available in real time.

Efficiency

In terms of technology, cloud computing has enabled great advances in business infrastructure, ensuring efficiency and high availability, essential items in a sector that does not stop and that has a large financial movement every day.

Reduction of operating costs

The investments required to secure a cloud infrastructure completely eliminate acquisition costs associated with licensing software, hardware, and network assets. Allowing in this way, direct to other priorities within the sector, such as organizational structure, productivity and employees.

data consolidation

Managing operations when you have data fragmentation in a network of stores becomes a major operational and financial risk. The cloud enables the convergence of information, the storage of data in a strategic and safe place. Allowing retailers to save time and money by having access to real inventory reports and information from all stores, helping in the best strategic decisions.

Cloud computing is rapidly changing retail, and your business needs to be a part of that change. Get in touch with Sky.One and find out more.

Written by

Sky.One Team

This content was produced by SkyOne's team of cloud and digital transformation experts.