{"id":29687,"date":"2020-12-17T10:33:09","date_gmt":"2020-12-17T09:33:09","guid":{"rendered":"https:\/\/www.intellias.com\/?p=29687"},"modified":"2023-12-13T14:38:10","modified_gmt":"2023-12-13T13:38:10","slug":"how-can-retailers-avoid-loss-with-cloud-ecommerce-infrastructures","status":"publish","type":"blog","link":"https:\/\/intellias.com\/cloud-ecommerce-infrastructures\/","title":{"rendered":"How Can Retailers Avoid Loss with Cloud eCommerce Infrastructures?"},"content":{"rendered":"
The rapid adoption of cloud computing technologies<\/a> will continue defining leaders and losers across many industries in the coming years, and especially in eCommerce<\/a>, where speed and downtime are critical. Cloud eCommerce will become a solid framework for the adoption of next-gen technologies like deep learning, quantum algorithms, and advanced visualization.<\/p>\n According to Gartner\u2019s November forecast, the revenues of public cloud services alone will grow by 81.2% within the five years from 2018 till 2022, reaching $354.6 billion. Given the new normal of the post-COVID era, this estimate might as well be on the modest side.<\/p>\n Worldwide public cloud service revenue forecast (billions of US dollars)<\/b> Source: Gartner\u2019s Worldwide Public Cloud Service Revenue Forecast<\/a><\/em><\/p>\n The development of cloud services is changing lightning fast due to their relative novelty and game-changing investment potential. Here\u2019s a snapshot of the current state of cloud services and the latest best practices for cloud-based eCommerce.<\/p>\n Read on to learn more about:<\/p>\n Cloud technology has proven an invaluable asset for the evolution of eCommerce, specifically for the SMB segment. While bigger corporations may have no issues buying and maintaining their own data centers, smaller players are looking for every opportunity to keep their costs down and evenly distributed.<\/p>\n Due to the pay-as-you-go model of many cloud storage services, no large upfront investments are required from eCommerce businesses. At the same time, these businesses can address many pain points and get access to as much server capacity as they need at any given time.<\/p>\n eCommerce cloud computing plays an important role in the following enterprise-level functions:<\/p>\n Apart from the cost-efficiency of using this relatively novel technology from cloud providers (as opposed to buying expensive hardware and maintaining physical data centers), a cloud-based eCommerce model also brings agility, scalability, and business continuity.<\/p>\n According to the Page Speed Loading report<\/a> by Unbounce, page speed impacts willingness to buy for 70% of users. Moreover, over a quarter of users will give up on a website that takes more than three seconds to load, while another third will wait up to six seconds.<\/p>\n Users won\u2019t wait long for the page to load<\/b> Source: Unbounce \u2013 Page Speed Report<\/a><\/em><\/p>\n This fact alone is the best sales pitch for any cloud services provider, as speed essentially equals sales in the online shopping realm.<\/p>\n What is journey-driven retail?<\/b><\/p>\n <\/p>\n Source: Journey-driven retail by AWS<\/a><\/em><\/p>\n
\n<\/p>\n\n
The power of eCommerce cloud computing<\/h2>\n
\n
\n<\/p>\nThe architecture of eCommerce cloud services<\/h2>\n