Cloud computing is convenient, provides for easy access to data, and offers a layer of security. What it doesn’t always deliver is speed. While their motivations vary, businesses of all sizes, industries, and geographies are turning to cloud services. However expectations aren’t always met, especially in retail, when it comes to speed, agility. , and maintaining manageable costs. Retail Wire brought this topic to our attention in their article, “Is it time to push the ‘go faster’ button on cloud computing?

Numerous factors are driving cloud adoption. Companies that adopted cloud services experienced a 20.66% average improvement in time to market, 18.80% average increase in process efficiency, and 15.07% reduction in IT spending. Together, these benefits led to a 19.63% increase in company growth.

With cloud computing, companies can reduce the size of their own data centers — or eliminate their data center footprint altogether. This is just one reason that retailers are taking a wait and see approach to the cloud, but no one is sure for how long.

Melody K. Smith

Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.