The software described is NetSuite. It is a cloud based multi-channel retail management software solution suitable for retailers. This software would combine POS, e-commerce and different other functionalities in relation to order management (Boillat & Legner, 2013). This software helps in providing unified retail system that would be linked with back office management in order to sell different kinds of products based on multiple channels across different countries and regions.
This software would also allow retailers for configuring their applications according to the business needs. Retailers would be able to implements new channels, business models, brands and geographies. This kind of order management systems would be helpful for retailers as they would be able to run “Purchase anywhere”, “full anywhere” and also “return anywhere” kind of functionality. The dashboard provided by the software helps in providing weekly or monthly report of sales based on inventory managers, store managers, executives and e-commerce managers (Dasgar & Reshadi, 2015). The software also supports additional functionalities for addition of new kind of capabilities based on the growth of the business and expand new kinds of segments within the business.
This system also has the capability to understand the various kind of complexities associated with the retailing model, the requirements of hardware and software. Hence, it would also allow the retailers to add much kind of focus on their potential customer based on gaining higher business growth. This is a form of copyrighted software that offers a limited trial period after which the retailer would have to purchase the entire application.
With the advancements in the field of technology, computers have permitted the need for efficient methods of storage of data. These include the need within different business applications, each of which would have a unique demand for storage. With the need for huge level of storage, there was a massive need for the development of such kind of devices that be able to satisfy the need of storage (Yang & Jia, 2014). These form of instances helped in the massive need for the development of such kind of storage devices.
Based within the concept of business and increasing of productivity, it could be considered that different kind of storage practices would be beneficial for the high success of any organisation. In the recent times, the cloud has provided one such platform that would be able to increase the efficiency of businesses and would also increase the efficiency of storage practices. These storage mediums offer high security mediums that proves entirely beneficial and a factor of trust on these devices.
Based on the consideration of the impact of such storage devices within a professional environment, it could be considered that these different kind of storage platforms provides massive amount of gains for this sector (Liu et al., 2014). In the professional environment and in the workplace, there is a massive need for the storage devices in order to storage huge amount of data. With the help of such kind of storage platforms, it has been extremely beneficial to store important data and assets of the organisation.
Boillat, T., & Legner, C. (2013). From on-premise software to cloud services: the impact of cloud computing on enterprise software vendors' business models. Journal of theoretical and applied electronic commerce research, 8(3), 39-58.
Dasgar, M., & Reshadi, F. (2015). A Comparative Study of Customer Relationship Management Systems in the Market of Iran. Academia. com.
Liu, C., Chen, J., Yang, L. T., Zhang, X., Yang, C., Ranjan, R., & Kotagiri, R. (2014). Authorized public auditing of dynamic big data storage on cloud with efficient verifiable fine-grained updates. IEEE Transactions on Parallel and Distributed Systems, 25(9), 2234-2244.
Yang, K., & Jia, X. (2014). Expressive, efficient, and revocable data access control for multi-authority cloud storage. IEEE transactions on parallel and distributed systems, 25(7), 1735-1744.