Last updated - November 23, 2023
The popularity of the Internet has an impact on all walks and traits of life. The commerce industry has accepted the visible effects of the Internet and converted to eCommerce by using the full potential of technology. Cloud computing is one of the most powerful and productive facilities that is revolutionizing the face of eCommerce.
The adaptability of B2B eCommerce and cloud computing creates a wonderful combo that is expected to boost the business world. The benefits associated with cloud computing lead to an estimation of a yearly 20% increase in its use in the commerce sector.
A Brief About Cloud Computing and eCommerce
The implementation of cloud computing into your eCommerce store will provide quick and scalable eCommerce solutions to grow your business. Adding new features and strategies becomes super easy and fast with cloud computing. It provides third-party resources like storage and analytical tools according to your real-time requirements.
What is eCommerce Cloud Architecture?
It is an array of microservices arranged in a cloud environment and is linked to cloud storage and a set of analytical tools to run business processes. Commonly these solutions are recommended to be integrated with specific cloud environments. Following are some of the prominent pros associated with cloud computing for eCommerce.
- Round-the-clock availability (almost 99.99%)
- Microservices are specifically designed for your business processes and for the fool-proof scalability of all the solutions.
- Consistent performance regardless of peak time or heavy traffic.
- Pay-per-use model
According to Forbes, cloud computing ERP system helps businesses in providing more value to their clients by helping them use fewer resources. This approach leads to rapid business growth and enhancement of ROI.
Financial services are associated with businesses and a major part of financial firms are shifting to cloud-based services. However, the facts and figures show that they are still struggling to achieve the expected outcome from cloud services.
Every year greater number of financial firms gradually shift to cloud computing. Although they do not move entire data to the cloud they are willing to move a minimum of 20% of data to the cloud.
Prominent Cloud Construction Features Suitable for eCommerce
A large number of companies are offering cloud-based solutions for businesses and offer a good deal of suitable features. Here are a few of them.
Instinctive Scalability
Traffic to online platforms is never consistent. It constantly fluctuates and the cloud system has an auto-scaling feature that assesses traffic and assigns resources accordingly.
Customization and Communication Tools for the Cloud
Cloud computing provides inbound and outbound customization and communication tools, which help grow your eCommerce setup.
Accessibility Zones
For international businesses, a cloud system provides zone-wise accessibility to improve the app performance and serve the customers in a better way.
Structured Based on Microservices
It facilitates the construction and implementation of new functionalities to the systems without disturbing the entire application. It enhances the system’s agility.
Data Analytics
It provides the latest analytical tools that are capable of analyzing huge data and helping businesses make effective decision-making.
Significant Tools and Cloud Services in the Market
The increasing trend of cloud computing for eCommerce leads to the innovation of cloud computing tools and platforms. Here are a few popular ones.
Amazon Web Services
It is the most popular one and provides plenty of tools and facilities in its cloud offer. It includes development tools, containerization, storage, analytics, integration, networking, and security in its services suit. Customers can choose as per their needs.
Microsoft Azure
Just like AWS, it also has the same set of services with little variations. Azure offers a good deal of tools and services. Azure Database, blob storage, Azure Cosmos DB, Azure Databricks, Azure files, Azure site recovery, and backup service are a few of the most appreciated subsidiaries.
Why Cloud Computation is Beneficial for eCommerce?
Cloud computing has proven a game-changing element in eCommerce due to its benefits for enhancing business performance and growth. Here we will discuss a few of the most known advantages.
Improved Scalability
Scalability is significant for managing any online platform. A good estimate of traffic to the platform helps manage resources. In cloud computing auto scale up and scale down facility is available. It manages resources like bandwidth, computation, and others according to the number of visitors or service requirements.
Enhanced Speed
The time taken for the website to load is highly critical in eCommerce. According to the latest research, more than half the consumers leave the platform if it takes more than 10 seconds to load. Slow loading speed also increases the bounce rate up to 123%. Loading time increases when a platform receives more traffic than its bandwidth. Cloud computing manages all the factors and enhances the speed that helps retain customers.
Cost-Effectiveness
Cloud systems become highly cost-effective in terms of managing physical infrastructure to meet the increasing needs of eCommerce platforms. Businesses using cloud services don’t need to invest more to get more resources. They can use the resources for the time being and are not required to hire them permanently. They only pay for the resources they use hence reducing the overall cost to a great extent.
Better Security
Data security is another critical factor in eCommerce platforms. Cloud computing provides high protection to avoid DDoS assaults. Individually, managing a high level of security is a hectic and detailed task. On the other hand, cloud services provide advanced measures in securing sensitive data such as customer information, details of financial transactions, passcodes, and other critical information. Their integration with SOC standards enables businesses to control access to their sensitive data.
Integration of Artificial Intelligence and Machine Learning
The role of AI and ML is crucial in enhancing the systems and increasing the users’ comfort. Cloud services provide all the business data in a single place that helps use AI and ML for better analysis and decision-making.
Ubiquity
Cloud computing greatly enhances the access to the system. It allows you to access the system from anywhere. It doesn’t need to be physically present in your office to access the system. You can use it anytime from anywhere.
Wrap Up
In short, by implementing cloud computing, eCommerce businesses can streamline their operations, improve customer experiences, reduce their investments, and drive growth. A variety of cloud service providers are now in the market and one can easily obtain it. Several business narratives affirm the benefits and advantages associated with implementing cloud solutions in the eCommerce sector.
