White Paper

Why Is A Cloud Enabled WAN Important?

Source: HughesOn

n 2010, The Association Of Retail Technology Standards (ARTS), a division of the U.S.- based retail trade association National Retail Federation (NRF) summarized the business challenge retailers face as they try to adjust their business models to engage with today’s digitally empowered consumers, by highlighting five transitions:

  • From a “Repetitive Transaction Orientation” to “Product & service Innovation”
  • From “Economy of Scale” to “Mass Customization”
  • From “Push Model Based On What You Sell” to “Pull Model Based On What Customers Want”
  • From “Stable Business Ecology” to “Rapid Business Mutation
  • From “Long Product & Retail Theme Life Cycles” to “Short Product & Retail Theme Lifecycles”
  • From “Pricing Power” to “Loss Of Pricing Power”

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