Learn the benefits of moving to the cloud for your retail business
There are several key benefits of cloud technology in retail. All of them will save you time, money, and energy.
But what is cloud technology? Before it was developed, companies had to invest in external storage for files, print out documents to share with stakeholders, and constantly worry about their hard drives crashing.
â€œWhat cloud technology brings to the table is the ability for any organization to enjoy and maximize the benefits of todayâ€™s leading technologies without the limitations and constraints of traditional on-premise platforms that require so much time, energy, and investment,â€ says VJ Africa, managing director ofÂ IT Group Inc., AsiaÂ in the Philippines and Singapore.
Think of it as a virtual â€œfiling cabinet,â€ where you can store and share files online. As long as you have a strong and reliable Internet connection, you will be able to run your business wherever you are, from any device connected to the cloud.
Read on to know more about the advantages of using the cloud in your retail business.
Cloud storage software or applications (for example, Dropbox, Microsoftâ€™s OneDrive, and Google Drive) keep your companyâ€™s files onlineâ€”files which you would otherwise have to store in cumbersome external hard drives.
Interior design and furniture companyÂ Space EncountersÂ produces high-resolution graphics, space plans, construction details, and furniture designs on a regular basis. These take up a lot of storage data in the companyâ€™s computer network. â€œWhen a client or an industry partner requests for files, thatâ€™s when cloud storage apps come in handy,â€ says senior interior designer Neil Vincent Escarez. â€œOur design files are too large to be attached to a conventional email, so we use third-party online storage softwareâ€”Google Drive and Dropbox. We just upload the files there and share with anyone who needs the files.â€
â€œCloud technology is the great enabler,â€ says Africa. â€œIt allows small organizations to compete with the more established corporations, and large enterprises to be as nimble as startups and SMEs.â€
Because cloud technology is managed by a third party, you can devote your time to other operational tasks. You wonâ€™t have to worry about backing up your files, keeping documents up-to-date, or setting up firewalls against viruses. Your third-party cloud storage provider does all that for you.
Inter-office coordination and client communications become easier, way quicker, and more convenient with cloud technology when files can be shared, viewed, and revised entirely online.
â€œApprovals, communications, and the whole design process becomes more efficient,â€ relates Escarez. Using the cloud â€œsaves us time and physical effort, and it makes our office paperless.â€
â€œTodayâ€™s business environment is highly competitive and constantly dynamic,â€ says Africa. â€œNo longer is it a question of â€˜Who does it better,â€™ but rather, â€˜Who does it better, quicker.â€™â€
Email services, for instance, delivers messages and files to your recipient real-time; you wonâ€™t have to wait for office hours to send these. You can track your inventory through any inventory management soft advantages of cloud computing for businessware systemâ€”there will no longer be any need for you to go to your physical storeroom.
For instance, thereâ€™s theÂ Cloud Point of Sale (POS) offered by Globe myBusiness. Powering on your business, the Cloud POS monitors your sales in real time, efficiently tracks your inventory, prints BIR-accredited receipts, and creates loyalty programs for your customers.
Another product, theÂ GSuite, gives you business-grade security and control from any device, letting you work on cloud-based Google apps such as Gmail, Google Docs, and Google Sheets. Complementing these functions isÂ GoCanvas, which customizes your work forms and digitizes your paperwork, among other tasks.
The advantages of using the cloud in your retail business pay for themselves in the way of convenience, time and money saved, and ease of communications. If you want to explore the advantages of cloud computing for your business, choose a prepaid Internet service that allows you to spend on only what you need.Â Globe myBusiness Prepaid InternetÂ offers stronger and faster connection with no monthly fee. Itâ€™s easy to install and comes with free 10GB valid for seven days. You can also reload through accessible channels. VisitÂ Globe myBusinessÂ for more details.
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