2012-12-12 04:24:15 - Global Server Hardware Market in Retail Industry 2008-2012 - a new market research report on companiesandmarkets.com
Server hardware includes various types of servers and associated hardware. Examples of server hardware include blades, fault-tolerant servers, mainframes, x86S-Standard servers, parallel processors, supercomputers, RISC based servers, messaging servers, etc.
The retail industry comprises individuals or companies engaged in the business of selling finished goods to the customers. These finished goods reach customers through various sales channels which include catalog stores, brick & mortar stores, e-commerce or online channels, etc. The industry is categorized as per various types of products retailed, types of retail formats, etc.
At present, the primary concern of enterprises is hardware obsolescence due to advancements in technology. The increasing downtime due to older hardware has hampered the businesses severely; thus productivity from such hardware has become a paramount
issue. Further, running older hardware for a longer period amounts to higher cost; boosting the demand for energy efficient hardware.
Even though the retail industry promises to be one of the growth drivers for the global economy in the long term, the industry´s profits are currently affected by the recession.
Thus, the retailers are looking forward to expand their markets on global level, align business strategy according to the customer needs and build operations around the business strategy. In short, the retail companies are building customer centric business models. However, with the changing times, classification of customers is becoming difficult due to diverse behaviors displayed by them. This is leading to an increase in penetration of technology in the retail sector. The retail companies are adopting new technologies to increase & analyze their customers, operations and market.
Increasing demands for higher service levels by customers is resulting in leveraging of technology in retail operations such as marketing, operational, financial, etc. Further, there is also a demand from the corporate governance to meet the regulatory compliance of the financial reporting and business processes. As a consequence, the retail companies are adopting server hardware to increase synchronization between IT and retail operations.
The report by TechNavio Insights forecasts the size of the global server hardware market in retail industry over the period 2008-2012. It segments the server hardware market into various geographic regions (representing the market size for each of these regions). Further, it discusses the key market trends, drivers and challenges of the server hardware market in the retail industry, and profiles some of the key vendors of this industry.
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