the businesses remain as they were earliercloud modernization and regulationscommenting on the increasing focus of organizations moving towards becoming a composable enterprise deshmukh from aws said that the retail sector today is one of the most competitive segments and every retailer is concerned about price pointshelping to keep a check on costs the cloud can provide an infrastructure that can help brands in scaling at any point in time when we talk about the composable infrastructure one differentiator is the data that you are storing and what can you make of it this is where a composable infrastructure which can reduce the cost should be available all the time and that is where hyperscalers like aws can help organizationsarora from modern bazaar said technology needs to be updated constantly retailers need to keep a check on customer experience and analyze what a newage customer and a brandconscious customer are looking fori would like to have a triple win kind of arrangement where its a win for the customer for the brand that i am serving and profitability for us arora addedwhen asked if should retailers go for modernization or cloud ramanan venkata director intellect commerce said inventory as a problem has always existed today it has just compoundedhe noted that technology alone is not a solution brands need to know how to use technology to achieve the desired resultssharing his views on prioritization and where regulation will come into the picture nigam said that for running a business and increasing its profitability infrastructure should be any brands top prioritycommenting on data security he said that retailers need to work in accordance with the rules as per the requirements and industry regulationsconcluding the discussion with highlights from the business and technology perspective for the retail industry tata starquiks radhakrishnan said you first need to understand your business before layering technology on it technology is only as good as your thinking we need good thinkers to understand how to use technologythe quintessential problem we have in our business is are we thinking smart enough he opinedciting an example from tata starquik radhakrishnan said that the brand is a 100 per cent paperless company presently it only generates the consumers bill on paper which from january 1 onwards will be sent digitally we have 14 apps running in the back weve made microservices he sharedhighlighting another example he said that at tata starquik the company offers an incentive of rs 125 per month to all its 1300 pickers if they bring their own smartphone this ensures smooth and endtoend product delivery being done by pickersyou need to point the gun at yourself because if technology is not working you are the problem commented radhakrishnan closing the discussionto know more watch on demand video brand connect initiative published on jan 5 2023 at 0930 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive