Skip to main content

It is raining Bits and Bytes ; Cloud computing for the Online Sellers.


In the past ' It is raining cats and dogs',
In the present 'It is raining Bits and Bytes'.

Nova's Ark saved the world from the lashing rain,
Data's Arch (Architecture) shapes the world from the DATA rain.

But when I see them both from the clouds, 
I wonder at the visible and the invisible
and conclude that is our World's Future.
                                                                                       - Poem by Inian P K

'It is raining Bits and Bytes' - This is the present day phrase.  The modern world's atmosphere transformed into Datasphere with 2.5 Quintillion Bytes (2,500,000 Terabytes)  of data created and shunted into the clouds every day.   Being flooded with Bits and Bytes of data rain, all twenty-four hours of 365 days of the year, today's world never sleeps.
source: https://www.seagate.com/files/www-content/our-story/trends/files/Seagate-WP-
DataAge2025-March-2017.pdf
The technological breakthrough in the speed of the internet has made it possible for the Information Technology sector to make positive changes in human society. It is projected that by the year 2025, 163 Zettabytes of data ( a trillion Gigabytes)will be stored in the cloud. Nearly three-quarters of the world population will soon be covered by data connectivity.  A day is not far off when every human being in this globe will be affected by the synergy of data in the cloud. 

In the latter part of the year 1996, from a small conference room inside the office of Compaq Corporation, Houston (the present day HP) two young executives - Compaq marketing executive George Favaloro and a young techie named Sean O' Sullivan plotted a pattern of internet business, calling it as Cloud Computing.  Research shows that was the first time the name Cloud Computing appeared in the dictionary of internet jargons. Those were the days of the Netscape browser and their discussion concluded that the future will move towards the web and the storage of mountains and mountains of data will be taken over by Big Conglomerates.  The application software will no longer be a part of the hardware but will be on the internet. It is being said that by the year 2020 data cloud deployment shall be by default.

What is Cloud Computing? 

Cloud Computing described as the use of networks of remote servers - usually accessed over the internet, to store, merge and process data.

Top Five conglomerates of the world's cloud computing:

As mentioned earlier in this blog the big business houses have taken over the rains of the cloud computing data storage. The  Global Public Cloud services market growth in the year 2018 is at 21% and the global cloud data centre IP traffic is 10.6 Zettabytes. This is made possible because of the development made in the Data Architecture.  We can interpret the Data Architecture as a term which refers to all process and methodologies that address data at rest, data in motion, data sets and how these relate to data-dependent process and application.    We present the list of top five conglomerates of the world who is leading in the storage of cloud data:
                              Revenue $

1. Microsoft   -   16.7 Billion

2. Amazon     -   16    Billion

3. IBM           -   15.8 Billion

4. Salesforce.com

5. S A P 





The advantages of cloud computing for online sellers:

ScalabilityThe upward trend in the online selling business shall be leading to a lot of accumulation of data to a larger extent. The cloud data storage shall be a good solution for this.

Speed:   The online selling leads the sellers to the global market and makes them travel a lot. They have to access the data wherever they are with speed to compete in the market. It can be achieved and with an advantage of accessing the data in all the computing gadgets like PC's, Laptops, tablets and mobile.

Reduced Infrastructure Cost: Collection of data from all ends will result in more and more spending on the data storage infrastructure. The storage of data in the cloud shall reduce the spending to a very low and the amount saved thereby can be very well used for the developmental business.

Safety and security:  Your data is secure and also there is built in safeguarding system to meet out any eventualities. Duplication of data in the cloud will avoid the crash of data.

Virtual cloud-based alternative:  This is the age of Artificial Intelligence, augmented reality and virtual reality.  Business development depends on these systems and the timeless data accessing is fundamental to these. Seamless integration of data into these systems is possible with speed.

Inventory managementEliciting data any time anywhere makes it possible for a glitchless inventory management.

SELLinALL has developed a cloud-based application exclusively for the Global online sellers.  It gives you Online Seller, a worry-free business environment and makes you a winner in the global Online market.  It is meant for the top-notch global online seller.

- Magic Inian -
(magicinian@magicinian.com)

Popular Posts

5 Major challenges faced by e-Commerce sellers and ways to overcome it!

Based on a report by Google and Temasek Holdings, Southeast Asia’s (SEA) digital market could exceed US$200 billion before 2025. Southeast Asia’s digital economy is forecast to triple its size in the next 5 years. Read more on the challenges faced as a seller in the E-commerce marketplace, to help you decipher and be part of this immensely growing economy. E-commerce stores are on the rise due to a numerous reasons.  As far as market association is concerned, E-commerce sites already have an existing network of buyers. So, selling your products becomes relatively easy as branding and advertising is already taken care of.As  Sigmund Freud 's had rightly said  “ I carefully consider my decisions as everything comes with pros and cons! ”  Marketplace Management When it comes to South-East Asian E-commerce market, the most underestimated struggle is  Fragmentation  i.e. there are a number of e-commerce platforms in ASEAN countries attracting significant traffic, making

What you need to know about Gross Merchandise Value

Gross Merchandise Value (GMV) is defined as the gross sales revenue generated over a period of time by an e-commerce platform before any deduction for fees or commission . It is used to track the growth rate of an e-commerce business since it measures the value of the total merchandise that has been sold through the site for a specific time period, quarterly, bi-annually, or annually. Gross Merchandise Value = Number of Goods sold x Price of goods sold This metric is useful for e-commerce businesses that buy and store the merchandise from suppliers and delivers to customers when purchases are made. However, it cannot be used as a standalone metric for all online retail platforms. For e-commerce sites that operate as a Customer-to-Customer (C2C) business, they do not physically manage the goods. The total commissions generated and accrued expenses, such as delivery fees, advertising, return expenses incurred are more important to track for this business model. This is also known as Gro

Buy Online, Pickup in Store

A National Retail Federation study on Consumer Views in late October 2019 revealed that70% of the survey participants would pay for a Buy-online, pick-up-in-store service (BOPIS). BOPIS has emerged as a convenient option not only for consumers but retailers that invested in brick-and-mortar stores. Growth in online retail sales was overtaking traditional brick-and-mortar retail before the pandemic and BOPIS was being adopted by top retailers. With the onset of the pandemic in 2020, a Digital Commerce 360 survey in late 2020 showed results that 43.7% of the top 500 retailers with physical stores were offering BOPIS — up from 6.9% before the pandemic started. BOPIS, also known as click-and-collect or curbside- pickup provides a safe, contact-free way to shop online and pick up the ordered items. In order to implement BOPIS, a retailer needs to implement the following tools: 1) A website or app where customers can shop and place orders for the products online 2) A brick-and-mortar locatio

Search This Blog