IHL Forecasts 263% Growth in Retail SaaS Market
“Retailers are moving to cloud-based software at an unparalleled rate,” said Jeff Roster, Vice President of Strategy for IHL Group. “Smart retailers are investing in all different aspects of Unified Commerce and specifically investing in cloud solutions for solutions for one system of record for the order, one view of the inventory, and one system of record on the customer. Those retailers that can leverage these systems in every channel will be best positioned to compete.”
1. Microsoft
2. Salesforce
3. Ceridian
4. Shopify
5. Oracle
“It is important to note, however, that a significant barrier that has arisen is coming from the restrictions that malls are putting on tenants by forcing them to use the mall-based internet line – one that is often inadequate for today’s needs,” added Roster. “This challenge is greatly increasing the push to Software Defined WAN technologies as these retailers must optimize whatever communications pipes they can get to their stores. So although we are forecasting “
Vendors with coverage in this study include:
About IHL Group
IHL Group is a global research and advisory firm headquartered in Franklin, Tennessee, that provides market analysis and business consulting services for retailers and information technology companies that focus on the retail industry.
For more information, see www.ihlservices.com
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