How hybrid cloud can be valuable to the retail and ecommerce industries
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Migrating to the cloud is no longer a decision that only forward-thinkers and risk-takers base their business on. It’s common practice. In fact, the cloud migration services market was valued at $119.13 billion in 2020 and is expected to reach $448.34 billion by 2026. Most sectors — including retail and ecommerce — are migrating to the cloud quickly, and for good reasons.
Online shopping grew so fast during 2020 due to the COVID-19 pandemic that the market hit $4 trillion . 69% of Americans have shopped online once, with 25% shopping online at least once per month. Retail services of all types were forced to embrace digitization to stay in business. No longer were brick and mortar shops preferred — or even an option, the only way to engage with customers became online. While many of our habits have gotten back to pre-COVID, online shopping is here to stay.
No compatible source was found for this media. For most retailers, their technology strategy is now their primary business strategy. This starts with cloud implementation. Scalability and agility are key benefits in pursuing a public, private or hybrid cloud solution. The unlimited size of the public cloud means businesses can scale capacity and computing power either up or down in just minutes — usually critical for external shopping processing. However, the private model offers a more customized set-up and is dedicated to a particular business and can be vital for internal processes. The key is knowing what functions should reside, for your business, in either or both.
Many ecommerce organizations have found the hybrid cloud solution the best way to stitch […]
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