Skip to main content

How to utilise Platformation for your Ecommerce Solution – Know the Best Strategies


Best Strategies for your e-commerce Solution through Platformation

Disruption has been at the forefront of Digital Transformation. The companies which are born digital have a competitive advantage over the traditional companies which are slowly adapting to digital technology. There are essentially two types of business models – Pipes and Platforms. 
Pipes are the linear business models wherein firms make products and sell it to consumers. Manufacturing, for instance, works on the Pipe Business Model. Another example of a Pipe model would be blogs and single-use SAAS services. Whereas Platform models operate differently. They are networked business models that allow consumers to create and consume value. YouTube, for instance, works on a Platform model in contrast to TV Channels which work on the Pipe model.

What is Platformation?

A platform-based business enables value-creating interactions between producers and consumers. The platform models help enterprises in achieving flexibility, scalability, mobility, and availability as they collaborate with various participants.

Platformation is a unique digital transformation solution that helps businesses to move to platform-based business models. Developed by Sonata Software, Platformation is a digital IP based technology framework that has various parameters that enable enterprises to create platform-based business models. 

Best Strategies for an e-commerce solution

Strategies are meant to help your e-commerce business achieve its goals and claim a better position in the market. Here are some digital platform strategies that can be used to do the same.

Engage with a Connected Ecosystem

To build a robust digital platform, one needs to connect various technology platforms across Information Systems, Data & Analytics, IoT, and customer experience platforms. Through the Platformation offering, the technology environment and IT operations work together. This is the benefit of digital transformation technology that e-commerce solutions can utilize effectively.

Drive Intelligent Transactions

The Platformation tool offers in-built operations analytics that enables self-learning. The analytics can be used to measure, control, and optimize system performance. You can integrate intelligent contextual transactions with Big data, IoT, and AI.

Innovate with Open System

Platformation is easily accessible for users, ecosystem partners, and businesses to participate. Also, it is cost-effective to use an open source-based solution for your e-commerce business majorly because it’s easy for customization and integration. 

Scale across Markets & Segments

Customer experience is crucial for the e-commerce business. Kartopia Open Source e-commerce platform is one such offering from Sonata which excels at providing a superior customer experience. It provides for a wide variety of themes, multiple currencies, and multiple languages. With the best content management system in place, it also offers multi-channel capability (Mobile, Web, customer service). It allows for maximum scalability to cater to your growing needs. 

Thus, a connected, open, scalable, and intelligent approach can make your e-commerce business a huge success. When most organizations are struggling with their digital transformation roadmap and dealing with pressures of adopting digital strategies, you will be at ease by following the Platformation way. 

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

How to Leverage Cloud for Successful Digital Transformation?

Digital transformation has been a buzzword these days with strategies being made for budget and resource allocation. It is believed that the amount spent on ‘going digital’ would cross $2.1 trillion in the near future. So, where exactly is the huge amount of money going? Digital transformation encompasses using digital technologies, as a cloud to make the existing processes more effective.  Digital transformation essentially aims to use technology to change the existing service into a better one with digital transformation solutions and services. However, at times due to the resistance to change and lack of thought clarity shown by certain organizations, the digital transformation efforts are seeing obstacles. Companies believe it will be easy to implement big data, internet of things, artificial intelligence, and other technologies. But that is not the case always except in case of secure cloud hosting. The first logical step to digital transformation is the Cloud.  ...
1 comment
Read more

Benefits of ERP software

Dynamic ERP software -  is an asset to any organization. It makes the overall functioning of the business smoother through collecting and protecting data, automating processes and offering easy to reports and analysis which are easy to understand. Some of the major benefits of ERP software are: Enhanced Supply Chain Management: The companies which deal with moving physical inventory, ERP software acts as a Supply Chain Management Software , enhancing the supply chain management in various ways. A well designed Erp software allows a company to shorten the delivery time span which leads to more on-time deliveries via improved demand forecasting, better management of inventory and procurement, etc. Reduced IT Costs: One can think of ERP as all-inclusive software, it is a single software that is custom built to all your needs like having a supply chain management software and dynamic CRM software . This allows you to cut down on the cost of having different software ...
1 comment
Read more

Success factors of IoT in Inventory Management for Enterprises

The Internet of Things (IoT) is a network that connects objects to the digital ecosystem. The internet plays an important role in the connectivity of these objects. In a factory, the objects could be machines or equipment. IoT connects all that and enables the collection and exchange of data. Cloud, Data Analytics, and Artificial Intelligence (AI) drive the digital process. IoT has transformed various industries including Inventory Management. Some of the success factors for improving Inventory Management are given below. Efficiency through Big Data Big Data enhances supply chain management . It enables real-time operations management that leads to improved efficiency. It keeps the factory managers informed about the space in their warehouses. This helps them plan their shipments and take decisions about reducing or expanding the warehouse storage capacity. Inventory optimization can take place due to insights obtained from data analytics to ensure proper inventory management. ...
1 comment
Read more