Oversize #19: Industry-specific cloud offerings are the next big thing

1 March, 20216 min
0
Oversize #19: Industry-specific cloud offerings are the next big thing

Why read this story?

Editor's note: For a while now, Flipkart-owned online fashion retailer Myntra has been trying to disrupt the age-old practices of the fashion industry with data and machine learning. Prior to the pandemic, Myntra had migrated its entire data platform, including supply chain management, inventory and website capabilities, to Microsoft Azure cloud. Microsoft Azure is now able to provide brands with consumer insights that take into account variables like a consumer’s location, weather patterns, and what other consumers with similar parameters are buying. “We’re no longer following the traditional seasons of the fashion industry. The calendar has been expedited; it is no longer an annual calendar, in many ways it is a weekly calendar,” Amar Nagaram, CEO of Myntra, said last year. Nagaram says that the company is trying to learn about its consumers at an individual level so that it can offer them a personalized fashion shopping experience. And, to achieve the so-called holy grail of the retail experience, Myntra is banking on Microsoft Cloud. Last week, Microsoft rolled out three industry-specific cloud offerings—Microsoft Cloud for Financial Services, Microsoft Cloud for Manufacturing, …

You may also like

Business
Story image

Dubai’s red-hot property market may be cooling

The latest quarterly report on the emirate’s real estate market, a new listing in Saudi Arabia and an Airtel arm eyes a UAE IPO.

Internet
Story image

In India’s Lenskart IPO, a success for ADIA

The sovereign wealth fund’s big bet on the Indian eyewear company, Microsoft’s AI win in the Emirates and other updates from the week.

Business
Story image

Carbon credits’ house of cards

Once hailed as a climate fintech innovator, Aspiration Partners’s collapse is shaking trust in carbon offsets and ESG startups.