Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Innovation & Technology

  • Home
  • Innovation & Technology
  • How retailers can move at the speed of innovation with microservices

How retailers can move at the speed of innovation with microservices

  • Categories Innovation & Technology
  • Date August 21, 2018
  • Comments 0 comment

In retail, moving at the speed of consumer innovation is a constant challenge. New, consumer-grade technologies hit the market every day, enabling a wide range of new devices, channels and experiences. Consumers are now finding products they love on social media, or in an interactive display. It was simple enough for retailers to engage these consumers in store or on a website, but these new, innovative experiences are largely “off menu.”

Keeping pace with innovation requires more speed and flexibility. Today’s retailers must be able to test new commerce experiences without the traditional risk or cost. Whether it’s a microsite or a new voice assistant app, they need to get to market faster — and that requires a new approach.

Retailers with an agenda of speed and innovation should consider augmenting their commerce platform with microservices. Just as it sounds, microservices are independent utilities that each serve a particular business function. They break up the platform monoliths — like a traditional commerce platform — into individual parts, like order, checkout, shopping carts and inventory, so that they can be used in any customer experience and assembled in a way that serves the retailer’s specific objective.

Often, microservices are paired with the acronym “API.” APIs, or Application Program Interfaces, are protocols that allow pieces of software to “talk” to one another. APIs provide access to microservices, connecting them to one another, to an existing platform, or to new devices, like a Google Home Mini or Amazon Alexa speaker.

Historically, vendors have built their platforms, hardwired from the user experience through to underlying code, and then appended an API against it for integration purposes. Conversely, an  “API-first” approach means flipping this on its head, building the offering with the API as the main objective. Vendors who build API first are making a primary architectural decision to build their product primarily for flexibility and inclusion. It’s more developer-friendly, and enables unique applications and experiences to be added on top of it (be it an application for social commerce or voice assistants).

With microservices you can extend your existing commerce infrastructure quickly and easily to the next new use case. Retail marketing teams often come up with game-changing ideas for their brands, only to face steep costs and timelines on the technical side. Microservices break that cycle by giving both sides of the house flexible tools and speed to market.

Rapid change doesn’t have to be hard. Traditional commerce platforms are powerful, but simply won’t cut it when it comes to speed. With the right microservices architecture in place, retailers can enjoy life at the innovation curve — instead of behind it.

Source: retailcustomerexperience.com

  • Share:
gsiino

Previous post

Aldi takes on U.S. rivals with scores of new products
August 21, 2018

Next post

Target enjoys strongest sales growth since 2005
August 23, 2018

You may also like

Senza-titolo-1
The 10 most innovative companies in retail for 2023
2 March, 2023
IKEA-Meta
Ikea teams with Meta and Warpin Reality to launch AR experience in Swedish stores
23 February, 2023
tatcha
Tatcha launches virtual store to promote body care products
16 February, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Celine Shop-In-Shop Opening – Paris
15Mar2023
Private labels: the future of luxury department stores?
06Mar2023
Euroshop 2023! Top 75 Specialists & Key Highlights
04Mar2023
TOTEME Shop-in-shop in Seoul
03Mar2023
Y-3 opens its first ever store Down Under
03Mar2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy