10 Fastest Growing Retail Companies 2017

10 Fastest Growing Retail Companies 2017

A Brief Summary of IaaS, PaaS, SaaS

Cloud computing has transformed the way of  IT departments manage and deploy software. 

Cloud is a kind of an Internet based Service offered on-demand to a User who doesn’t need to bother with implementation details or maintenance infrastructure. Whether it’s SaaS, PaaS, or IaaS, there is a suitable cloud service to fulfill virtually any IT need imaginable.

Let us now try and understand the difference between these.

Infrastructure as a Service (IaaS)   

•  IaaS offers the cloud servers through the dashboard and APIs. IaaS clients can have direct access to the servers and storage with high scalability and also have a control on the infrastructure than SaaS and PaaS. 
• With IaaS we can build a virtual data center. We need not invest much towards the maintenance and physical management. The major benefit of IaaS is that deployment of SaaS and PaaS, providing storage for data backups and high network bandwidth.  EX: Softlayer, Exoscale, GCE (Google’s Compute Engine) and NaviSite.
• With the IaaS model, you can outsource the elements of infrastructure like Virtualization, Storage, Networking, and Load Balancers and so on, to a Cloud Provider like Microsoft.
• To deploy your applications to the Cloud, you have to install OS images and related application software on the cloud infrastructure. In this model, it’s your responsibility to patch/ update/maintain the OS and any application software you install.
• The Cloud provider will typically bill you on computing power by the hour and a number of resources allocated and consumed (as per its service level agreement (SLA). 

Platform as a Service (PaaS)

• PaaS as a cloud service model where the cloud is used to deliver a platform to users, from which they can develop, initialize and manage applications. PaaS offerings typically include a base operating system and a suite of applications and development tools
•  PaaS eliminates the need for organizations to build and maintain the infrastructure traditionally used to develop applications. PaaS is sometimes called ‘middleware’, referring to how it conceptually sits somewhere between SaaS and IaaS.
• Platform’s like Google’s App Engine, IBM BlueMix, and Apache’s Stratos are popular PaaS products which are helping to streamline and democratize software development.
• What exactly is the service? With the PaaS model, you get a core hosting operating system and optional building block services that allow you to run your own applications or third-party applications. You need not be concerned about lower level elements of Infrastructure, Network Topology, Security and Load Balancers — all this is done for you by the Cloud Service Provider. The Provider gives you a fully functional OS with major platform software.
• The key feature One of the key benefits of PaaS is that you need not be concerned about the running OS or updates (service packs) and hardware upgrades. The Provider regularly patches your OS, updates platform features (such as the core .NET platform or SQL database engine) and updates hardware on demand to meet your demand

Software as a Service (SaaS) 

• SaaS is a cloud service that provides users access to software in a self-service, on-demand fashion. This could be a single application or provide a catalog of software a user might choose from. The simplest form of cloud service and that’s what makes it special. It directly serves the end user
• SaaS is on-demand licensing software and is the most widely used of all the service models in cloud computing. A complete functional software product is delivered to the users through the web by subscription which makes it a delivery model.
• We can use only the applications that are required for the business. The applications can be accessed by the users from devices like a mobile or a browser and they run on provider’s cloud infrastructure.
• The underlying cloud infrastructure includes network, servers, operating systems, load balancers, firewalls, storage and the runtime environment. The SaaS provider manages all these applications and services.

The Multitenant architecture

• The system of arrangement is commonly known as the multitenant architecture. Every organization or a user who uses the SaaS is called as a Tenant and thereby this arrangement is also called as the Multitenant architecture.
• SaaS providers offer APIs and browser-based interfaces are available for the users or developers which make these services accessible and customizable.
• SaaS applications are used in customer relationship management, production or storage solutions like Salesforce, Google Apps or Drop Box.
• With the SaaS model, you consume as a service only the Applications that you need for your business. These applications run on the provider’s cloud infrastructure, making them accessible from various devices like browser or mobile.

In a broad spectrum

Though each of these services has its own limitations, the cloud is a broad concept and a scalable service which can be accessed through the internet connection with a higher bandwidth.

10 Fastest Growing Cloud Computing Companies 2017

whether you are migrating to cloud or not, it is when? Many companies have already shifted, they only need to make sure that it is the right service provider and whether they provide the required service or not. Cloud providers constantly trying to come up with the best to improve their offerings. 

Here we are releasing the new magazine with 10 Fastest Growing Cloud Computing Companies 2017. These are distinctly ahead of the peers, and helping other companies to gain momentum in the marketplace. The companies are known for their reliable problem-solving techniques, unmatchable security solutions, ability to innovate and overcome any storage.

50 Fastest Growing Companies of the year 2017

                            

                                        50 Fastest Growing Companies of the year 2017

A Better Way to Connect Between the Retailers and the Consumers

we can say that now there is a better connection between the retailers and the consumers which are supporting the retail industry in a very positive way. 

Let us analyze some easier tech trends that connect the consumers to the retailers.

Internet of Things

• The digital technology begins with the internet of things. Physical objects embedded with technology, which can collect and share data.
• well-known IoT retail application is the Amazon Dash button, a physical button that allows shoppers to instantly order such household staples as Tide detergent or Coca- Cola.
• In other IoT retail applications, store managers could use smart tags for real-time product pricing adjustments and retail businesses could use IoT-enabled sensors to automate manual functions like inventory tracking.

Online Shopping At Its Peak Time – Mobile E-Commerce

• Last year total e-commerce sales skyrocketed to nearly $2 trillion, up 9% from 2015, and online shopping continues to grow in sophistication. More retailers strive to imitate the immediacy and simplicity of Amazon’s one-click ordering.
• Companies are integrating online offerings with mobile payment gateways, such as Apple Pay, Android Pay, and PayPal so customers have no need to stop and grab their credit card to complete their shopping on their Smartphone. 

Artificial Intelligence in Amazon Go

• In the retail industry, Amazon has introduced a new tech Amazon Go, a brick and mortar grocery store concept using AI in combination with machine learning and mobile payment to eliminate cashiers and minimize long lines.
• Shoppers simply visit the store and shop for the items they need; the Just Walk Out technology detects what each shopper takes and charges their Amazon account after they leave the store.

Chat With the Computer – Chatbots

• Retailers are implementing more chatbot facilities so that the consumers can directly connect with them for any queries.
• Also, the Chatbots can identify the time when any customer requires a live customer support rep to address their issue more effectively. As the easy way to address the client problems!

Say Yes To Robotic Technology

• Amazon continues to invest in an army of warehouse robots. The e-commerce giant now has 45,000 robots allocated across 20 fulfillment centers, a 50% increase year over year.
• Amazon’s robots automate the picking and packing process at large warehouses, which boost supply chain efficiency, so online shoppers receive their merchandise faster.

Augmented Reality (AR)

• To make in-store navigation easier by helping shoppers quickly locate the products they need, home improvement chain Lowe’s will launch a new AR mobile app this month.
• The app aims to improve the in-store customer experience and free up time for associates to advise shoppers on home improvement projects. 

In Fashion, A Smart Way of Approach- Smart Screens

• The latest addition to the fashion industry is the smart screens. A smarter way of approach to life! In-store smart screens make the customer experience more shopper-friendly.
• That’s why retailers like Neiman Marcus use mirror technologies with radio frequency identification (RFID) tags, which allow customers to try on virtual outfits in different colors and styles.
•  Fashion retailer Rebecca Minkoff added text messaging and touch screen features in stores, so consumers can order drinks, browse the store catalog, and communicate with store associates.

Real or Virtual – Virtual Reality

• Virtual reality has already changed the way in which retailers and consumers are connected. In retail, VR can help shoppers explore new product possibilities.
• Home improvement companies use VR to give consumers a glimpse of what their homes could look like if they install the company’s products. For instance, Lowe’s used VR to create a remodeled virtual space for customers to explore.

Is disruption the new normal?

• True that technology had reduced the gap between the retailers and the consumers. Consumer goods and retail companies are learning that they need to better represent customers’ broader set of desires.

•  The few leading brands that have embraced social issues for many years will be joined by a much larger cohort. Evaluating potential risks and rewards should be part of an overall strategy as business model disruption is part of the new normal.

• In today’s retail environment, most if not all of the personal touch (better known as consumer engagement) that created the emotion that stamped our memory has been replaced with rewards and loyalty programs designed to keep us engaged and coming back to spend more.

• We can say that the true relation is developed from sharing experiences that stimulate emotions that make memories, the best way to connect retailers and consumers!

50 Most Valuable Brands of The Year 2017

 'SR 50 Most Valuable Brands of The Year' is an attempt to identify the leaders and their unique organizations that have made significant contributions in the field of Business and Technology.Find more details about these companies and their services