There is a growing trend among enterprises to adopt industry cloud platforms. They combine software, platform, and infrastructure as a service (IaaS) capabilities to provide specific solutions for different vertical industries. The adoption of industry cloud platforms can help enterprises accelerate their critical business initiatives. Gartner expects that by 2027, enterprises will use industry cloud platforms to accelerate more than 50% of their critical business initiatives, whereas, in 2021, it was less than 10%.[1]
In today's competitive and dynamic market, you need a cloud platform that can empower your business to thrive in this industry. You need a platform that can accommodate your unique and complex business processes and requirements, and help you deliver value to your customers. However, finding such a platform was challenging, especially if you operated in a niche or specialized industry. Many cloud platforms on the market are generic and one-size-fits-all, but they may not be able to address the specificity and diversity of your industry needs. This can result in suboptimal performance, lost opportunities, and dissatisfaction for both you and your customers. You may end up settling for a platform that does not fully meet your expectations or achieve your desired outcomes.
Deloitte Digital’s RetailMe, powered by Salesforce, is designed to help retailers create connected experiences that are consistent with their brand and takes advantage of new digital technologies like predictive analytics and IoT that enable both stores and customers to be more informed than ever. Deloitte’s industry recognized experience helps retailers rethink the store of the future to identify, recognize, and act on customers’ pain points and to digitally enable the store workforce for enhanced productivity. Multiple forces will continue to impact the retail industry in the coming years.The ways in which retailers sell, who they sell to, and what they do to diferentiate themselves in the market will be of key importance to the health and success of the business in the industry. From millennials, who are now the largest living generation, to baby boomers, who have 4x the spending power, retailers will need to ofer a highly diferentiated experience to outperform the competition. RetailMe offers businesses a flexible, open, and adaptable software platform that delivers cutting edge digital technology to drive diferentiation, innovation, and outstanding customer engagement. Its a cloud-based digital solution that lowers risk and increases value, tailored to the ever-changing retail industry landscape. It is an implementation starting point that gets them in-market quickly and generates faster ROI.[2]
In today’s fast-changing and competitive world, enterprises need to find new ways to deliver value to their customers and stay ahead of the competition. One of the ways they can do this is by using industry cloud platforms. These are cloud-based solutions and applications that are designed to meet the specific needs and challenges of different industries, including healthcare, retail, government, and life sciences. Industry cloud platforms help enterprises use industry-tested, advanced components and solutions that help them focus on their core competencies and achieve better business outcomes faster. Industry cloud platforms also help enterprises be more agile and flexible in responding to changing customer needs, market situations, and regulatory demands by offering modular, composable platforms that can be easily adjusted and integrated. Furthermore, industry cloud platforms help enterprises enhance their operational efficiency, lower their costs, and innovate faster by giving them easy access to specialized cloud services for their industry. Industry cloud platforms also help enterprises manage risk and comply with industry-specific regulations by taking care of their specific business, data, compliance, or other needs. Industry cloud platforms are not only a technology innovation tool, but also a business innovation tool that helps enterprises change their business models and create value for their stakeholders. Industry cloud platforms are a key part of digital transformation and composability, which are essential for achieving higher performance and resilience in today’s dynamic environment.
Market leaders are unlocking business potential using industry cloud platforms. These cloud platforms are adapted to their industry, whether it’s healthcare, retail, manufacturing, or finance. They are providing businesses with packaged capabilities that are aligned with their industry needs and goals, such as compliance, customer experience, operational efficiency, or innovation. They are also enabling businesses to leverage industry best practices, innovative features, and competitive advantages that can help them differentiate themselves and satisfy their customers. They are offering the scalability, security, and reliability of the cloud, without the limitations of generic cloud platforms or their costs. Industry cloud platforms are transforming the way businesses operate and compete in their respective markets. They are empowering businesses to focus on their core competencies while leveraging the benefits of the cloud and the expertise of their industry peers. By choosing an industry cloud platform that meets their needs and goals, businesses can achieve new levels of performance, agility, and customer satisfaction.
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