03 Industries Receiving the Greatest Benefits from Cloud Computing

In today’s rapidly evolving digital landscape, cloud computing has emerged as a pivotal catalyst for numerous industries. Specifically, cloud computing stands out as the premier choice, offering an array of features and solutions tailored to mitigate the unique challenges faced by various sectors, thereby fostering successful growth and innovation within businesses. Let us delve into how HI GIO Cloud is revolutionizing diverse domains through cloud computing.

1.What is Cloud computing?

Cloud computing entails the on-demand provision of IT resources via the Internet, utilizing a pay-as-you-go model. Rather than procuring, owning, and managing physical data centers and servers, users can access technology services – including computing power, storage, and databases – as required, through a cloud service provider. (According to AWS)

  1. Applications of cloud computing

1- Unlimited data storage: With cloud computing technology, businesses have the capability to store an extensive volume of data within the provider’s data center, eliminating the need for physical infrastructure.

2- Data connectivity and sharing: Businesses can access their resource repositories from anywhere via the Internet. This facilitates seamless remote collaboration and data sharing among team members.

3- Securing website hosting: Cloud computing offers secure website hosting solutions, mitigating risks associated with server issues.

4- Data backup and recovery: Storing data on HDD or SSD hard drives, or even on on-premise infrastructure, poses inherent risks and the potential for permanent data loss without timely backup or recovery measures. Cloud-based data backup ensures quick recovery and maintains backup copies, safeguarding business continuity.

5- Business management applications: By uploading data to cloud storage systems, managers gain easy access to monitor and track work progress, enabling effective data control and management.

  1. Implementing cloud computing in key Vietnam industries  

1- Retail: Enhanced stability and user experience

Industry trends: After the Covid-19 pandemic, there is a notable surge in online shopping’s popularity among users. According to NielsenIQ’s report, in Vietnam, traditional channels continue to dominate the retail landscape, representing over 80% of the market share in revenue, a figure significantly higher than neighboring countries. The current and future trajectory of the retail sector encompasses strategies such as:

  • Selling products through social media channels and leveraging Key Opinion Leaders (KOLs) and influencers. 
  • Personalizing the customer experience to foster increased interactions between customers and brands is a key focus. This approach seeks to cater to the exact needs and desires of customers.
  • To address these trends effectively, businesses are increasingly combining retail technology and e-commerce platforms with physical retail stores. The emphasis is on crafting a seamless customer journey, where online orders seamlessly integrate with and are fulfilled through physical retail outlets.

Challenges in the industry:

Retail websites frequently grapple with stability issues, particularly during peak traffic periods such as monthly sales events or super sales. Disruptions caused by Distributed Denial of Service (DDoS) attacks and scalability challenges have the potential to impede the user experience significantly. In order to maintain competitiveness, retailers must prioritize the optimization of their online presence.

Applications of cloud computing in the retail industry:

Cloud computing infrastructure offers essential features including Auto Scaling, Load Balancing, and Web Application Firewall (WAF). These features are instrumental in maintaining website stability, thwarting DDoS attacks, and fostering a secure environment to enhance the user experience. To thrive in this highly competitive industry, retailers should broaden their customer reach by managing multiple stores through cloud-based systems, Enterprise Resource Planning (ERP), and Customer Relationship Management (CRM). This approach not only delivers a unique customer experience but also streamlines business management and operational processes.

2- Manufacturing: Enhanced reliability and cost efficiency

Industry trends: The manufacturing industry is actively adopting Industry 4.0 principles by integrating digital technology. This involves converting and leveraging existing data within the production process, applying automation, machine learning, computer vision, and robotics to enhance production value. These initiatives result in improved product quality, increased reliability, and heightened cost efficiency within this sector.

Challenges in the industry: Traditional manufacturing software often exhibits susceptibility to technical issues, necessitating substantial IT support. In-house server operations incur high costs and demand consistent maintenance. Consequently, the pursuit of solutions to enhance labor productivity, reduce product costs, and elevate product quality holds paramount importance. The integration of digital technologies into automated production processes represents a viable solution to facilitate streamlined production operations, optimize efficiency, and bolster reliability and cost-effectiveness.

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