It is of three types namely, private, public and hybrid. Private clouds are the data center architectures providing flexibility, monitoring, etc. and that are owned an individual company. The public clouds are the term for the providers who use the internet and are available to the general people. Hybrid clouds are the ones that are used in companies where these companies manage the control of a private cloud and rely on the public cloud whenever needed.
There are various types of cloud computing platforms like (SaaS, PaaS, IaaS) and various cloud types (private, public, hybrid). SaaS or Software as a service that makes use of the web for delivering the applications that are being managed by the third-party vendor, and their interface is always accessed on the side of the client. Paas or Platform as a Service help in developing or customizing the applications. It develops, tests and deploys the applications quickly and directly whereas the Infrastructure as a Service (IaaS) are self-service models that are used to access, monitor and manage the remote infrastructure like storage, networking, etc.
It has been seen that cloud computing has helped to reduce the IT costs of managing the systems, and many retailers have high profits by using cloud computing. To increase their business retailers should tie up with technology and upgrade their business. TRS should move towards the new hybrid era of cloud computing and must distribute its applications to the data center and cloud providers of the trading partners of the retailer. It has been seen that the cloud market has tripled from $4.2 billion to $15.1billion from the duration of 2011 to 2015. (Accenture.com, n.d.).
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a. Cashier Live: It is a web-based software that is the point of sale, and it is easy to use. It can manage the transactions, and it will provide the TRS committee with the tools that can help to decrease cost and inclined sales.
• Cloudbook.net,. (2013). Cloud Computing Application Services for Retail. Retrieved 18 February 2016, from http://www.cloudbook.net/directories/product-services/cloud-computing-directory?category=Applications&industry=Retail