How Cloud Computing in India Is Useful For Retail Industry?

The future prospect of cloud computing in India is very good and everyone is predicting India to perform very well on the world stage. And as we know India has one of the biggest IT market in the world.

Cloud computing in India - Marketing Manager stated that "Retail industry which is budding at a huge pace is embracing this model of internet computing". The internet has extended its horizons and cloud computing is one such internet based hosting system that meets the necessity of the user on demand basis, including the period of the service used. Cloud computing service providers are an innovator in this field providing service and support to their clients, eventually it leads to a drastic saving in their operation and IT cost.

Cloud computing in India - The word cloud has been derived from the cloud symbol that represents the internet in a flowchart of a program. It is a form of computing in internet where shared servers are providing resources, software and data to the computers and other devices on need. It is basically classified into:

1. Software as a service (SaaS),

2. Platform as a service (PaaS),

3. Infrastructure as a service (IaaS).

One has to order for cloud computing service providers for organizing, install and data customizations of their business. Many software giants such as Google, Microsoft and many more etc. Have incorporated cloud computing.

With cloud computing in India a retailer has to just purchase the rights to use software's on a requirement basis instead of purchasing a copy of the program for each computer in the firm. This is process is termed as SaaS.

Service providers and the retail industry

Retailers are always on the lookout to develop their efficiency and try to reduce the cost. Every day retailers are facing problems with the ever increasing applications with overlapping functions and much more. When retailers enter new market segment complexity increases and the cost of IT also goes up. Cloud computing in India comes to your support in this situation.

Retailers can save a lot by hiring to cloud computing services. A lot of expenditure on management of IT is cut through this. We see many retailers trying hard to maintain tens and thousands of computers in various localities. The cloud services can completely avoid the complexity of storing and managing specific system with this. The customary model of in the retail industry includes buying software's and its license, high end servers with high computing powers. By affiliating to Cloud Computing service providers' administration and networking of computers can be avoided, there is no requirement for storage units and no need to install a firewall and antivirus protections.

A provider can give analytical results to its retailer by identifying the trend, season wise distribution 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. Therefore, 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.