Cloud based Solutions
Cloud-based eCommerce solutions are essential for the sustainable growth and development of eCommerce companies due to bundle of advantages it offers. Check out more here!
ASSOCHAM and Forrester notified India’s e-Commerce revenue is expected to jump from $30 billion in 2016 to $120 billion in 2020, growing at an annual rate of 51% in their joint study paper. This is the effect of high internet penetration and relatively better economic performance.
The changing buyer behavior, increasing competition, emerging technological trends, market oppotunities and challenges have made the CIOs and CFOs analyse and re-draft their digital strategies. This holds good for both B2B and B2C clients where the IT leaders should be mindful of their organisation’s spends. The companies , also, aim to expand the geographical reach to reap more profits. These are just a few reasons why ecommerce companies are seeking help of cloud service providers.
Hypothetical Case on Cloud Adoption for eCommerce
Lets take an example of a new ecommerce company. The company would want to expand geographically, position a brand name, test a business model, introduce a new product line or products, develop a trust amongst customers. Being a new player in the market, the company may lack market intelligence, capital, technology or skilled people with security being a major issue. All these can be tackled with the help of cloud-based ecommerce applications at a reasonable investment. The right choice of cloud computing provider will ease the tasks for the market players.