Sales

The Future is Still in the Cloud – Number 9 Trend of 2021

As we are in the last quarter of 2021 and and move into 2022, companies will need to fully leverage cloud computing to efficiently aggregate data. 

According to Gartner, by 2022, public cloud services will be essential for 90% of data and analytics innovation. While many applications have embraced the cloud, the current digital transformation has escalated the need for more organizations to move more of their information and systems to the cloud. Gartner estimates:

“By 2024, more than 45% of IT spending on system infrastructure, infrastructure software, application software and business process outsourcing will shift from traditional solutions to cloud.”

Gartner cites three major categories of technology trends in 2021; two of them are people centricity and location independence..

In a nutshell, people will need greater access to digitalized processes to do their jobs in the future. While the physical
location of people, supplies and systems once mattered, technology now must accommodate “anywhere operations.”

As we move into 2022 and beyond, companies will need to leverage cloud computing to efficiently aggregate data from
systems and silos from a remote workforce and decentralized operations, while also giving users access to a single source of truth for reporting and decision-making.

At MCLOUD3, we can work with your company to help you understand your data and increase sales using Phocas Software.  To learn more about MCLOUD3 and Phocas Software us at info@mcloud3.com or visit our website by clicking here.

Written by Phocas Software

E-Commerce Continues to be Remarkable – Number 8 Trend of 2021

When we thought e-commerce was getting big, along came a global event that drove more people to shop online. 

The pandemic has had a major impact on the growth in e-commerce while also forcing traditional retail into an even deeper dive.

According to eMarketer, US e-commerce sales exceeded $794 billion in 2020, a 32.4% increase and significantly higher than the 18% predicted earlier in the year.  Of course, always take into consideration of how Cyber Monday has become the one of the largest on-line purchasing days each year.

Most experts agree that the pandemic will have some lasting impacts on how people shop.

First, the fall of brick-and-mortar retail as consumers now have fewer places to physically shop in-person. Many stores that closed early during COVID has not reopen.  Second, consumers are definitely comfortable shopping online.

Whereas consumers once wanted to kick the tires, try things on or pick their produce, they are now more likely to take a virtual tour, return things if they don’t fit and let trained shoppers pick out the right fruits and veggies.  And now consumers will purchase a car, without a test drive first.

For retailers, data analytics will play a critical role in optimizing operations; managing inventory;  monitoring trends, seasonal demands and customer buying habits; and managing labor and other expenses.

At MCLOUD3, we can work with retailers to understand their data and increase sales using Phocas Software.  To learn more about MCLOUD3 and Phocas Software us at info@mcloud3.com or visit our website by clicking here.

Written by Phocas Software