Tag: Retail industry
The Future of Retail may be in the Cloud
by Claire Wang on July 11, 2018 8:58 pm
The retail industry has transformed significantly over the past few decades, and retailers are starting to understand that they cannot simply rely on traditional brick-and-mortar strategies. McKinsey consultant Stefan Niemeier explains, “[Business technology] will be a major change for traditional store-based retail. Consider a big-box format with a 35 percent gross margin and 3 percent… Read more The Future of Retail may be in the Cloud
The Zara Phenomenon: due to Cloud Computing
by Irene Muniz Ruiz on July 13, 2017 5:34 pm
The retail industry is widely adopting cloud computing, with its investment in cloud technologies skyrocketing from $4 billion in 2011 to an estimated $15 billion in 2016. (http://www.cio.com/article/3156599/cloud-computing/3-ways-cloud-computing-is-revolutionizing-the-retail-industry.html) Like the banking and manufacturing industries, retailers are recognizing the transformative role of Cloud Computing in today’s digital world. The way the retail industry is embracing cloud… Read more The Zara Phenomenon: due to Cloud Computing
I'm a full-time Masters student in MS&E and full-time Strategy Program Manager at the Federal Reserve Bank of San Francisco. I've worked in economic research and data analytics, and I currently help guide strategy and operations.
