CLOUD COMPUTING IN INDIAN RETAIL MANAGEMENT

The advent of information technology has created a sensation in the retailing world. Nowadays, a large number of retailers are using sophisticated software's to bring more efficiency in their operations. The world of IT has been further revolutionized by the concept of cloud computing in the recent past. The Indian organized retail industry has witnessed a revolution in the last decade. The advent of number of malls and shopping centers has evenly contributed in this advancement. The augmentation of Internationalization & Globalization saw a number of big international brands entering the Indian landscape have taken the Indian retail management industry to a higher level. One factor that has contributed significantly towards this success is Information Technology (IT). Technology has emerged as a boon for the Indian retail sector. Today, technology & retailing go hand in hand. Gone are the days when retailers used manual ways of tracking the inventory and managing their varied functions. Starting from the scanning of the bar codes, managing the data of the customers, loyalty programs to the inventory management, IT has played an imperative role in almost all of the key retail operations. However, the world of IT has been revolutionized by the concept of cloud computing in the recent past. Cloud computing enables an efficient delivery of business application online that are accessible from web browsers. A lot many organizations have preferred this concept & have implemented it to improve their overall operations. . This paper aims at highlighting the benefits of cloud computing and its application in the retail sector management.