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The Context For eCommerce

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Present Context There is no foreseeable control or ending to the raging global pandemic. This is driving the need and realization for online fulfillment and convenience. As the COVID-19 pandemic reshapes our world, more consumers have begun shopping online in greater numbers and frequency. According to new data from IBM’s U.S. Retail Index, the pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years. In the first six months of the year, consumers spent $347.26 billion online with U.S. retailers, up 30.1% from $266.84 billion for the same period in 2019, according to the latest Digital Commerce 360 analysis of U.S. Department of Commerce data. Comparatively, eCommerce sales during the first half of 2019 grew just 12.7% year over year. Department stores, as a result, are seeing significant declines. In the first quarter of 2020, department store sales and those from other “non-essential” retailers declined by 25%. This grew to a 75% decline
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Divergent Perspectives - Internet/eCommerce Statistics

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The Internet connects the world's population like no other alternative.    The numbers are staggering and provide unimaginable opportunities for those who are bold, brave, and creative. The numbers... Key Numbers - Population: 7.79 Billion - Mobile: 5.15 Billion (66.11%) - Internet: 4.57 Billion (58.55%) - Social: 3.96 Billion (50.83%) Numbers in Detail - A person spends an average of 6 hours and 30 minutes per day on the Internet. - Number of websites in the world: 1.7 Billion - Global eCommerce revenue: 4.2 Trillion - It is estimated that there will be 2.05 billion global digital buyers by 2020 - The number #1 reason people shop online is that they’re able to shop at all hours of the day. - 81% of consumers conduct online research before making a purchase online - 81% of consumers trust the advice of friends and family over businesses. - 65% of shoppers look up price comparisons on their mobile device while in a physical store. - 80% of people stop doin
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IOT - The Next Frontier Of Online Expansion

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The mobile is taking the Internet accessibility to the remaining frontiers of the global population. Initiatives such as Tesla's Star-link project aims for global accessibility of high-speed internet at affordable rates. Cloud based computing is making it possible for ubiquitous real-time computing capability. The next phase of the internet expansion is now being driven to bring on board all equipment, devices, etc. for greater interaction, integration and experience through iOT enablement. By 2025, it is estimated that there will be more than to 21 billion IoT devices. This makes it possible for the ability to manage, track, integrate and interact at a more cohesive and holistic manner. Brings about unprecedented capabilities and possibilities for the world at large. These are all made possible through supporting technologies which includes voice enablement, AI, Big Date, VR, AR, etc. By PragICTS www.pragicts.com  
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Voice - The Next Phase Of Digital Interaction

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All major players are into it and also with many solutions. However, these are still at its infancy and are set to become mainstream in the days ahead. Voice will provide that next level of ease of interaction with Digital. While this will not replace the existing methods but will for sure carve out a significant share of human to digital interactions and will also extend to Digital to Digital Interactions. The possibilities of Digital to Digital interactions over voice will also loosen up the rigid coding level integration to a more extensible speech related models. Voice will enable a whole new world of possibilities. For example * A CEO can just simply ask for the yesterday's sales and revenue figures while on holiday on a beachfront enjoying a cup of tea. * An HR manager can simply ask who is absent to work or on leave while driving his way to the office Voice is set to dominate the enterprise as a key mechanism to interact with their digital assets for effective and
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'H' - The Hyped Part of HRM / HCM

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Though there has been a resurgence and progress in HRM over the last number of decades, there is still a lingering feeling of a miss. To a great extent HRM has been caught up in PR and Marketing than a genuine thought and consideration pertaining to what the objective effort should be to provide that empathetic balance between the employee and employer. The Dilemma Employer focuses on how to squeeze out the maximum effort with the least cost. The employee focuses on how to get the maximum reward with the least effort. Though this seems a contradiction. A deeper reflection points to a finer line that can be addressed to a greater extent. The starting point I guess is to take an objective look at both ends from the other's shoe. Genuine empathy is critical. A good guideline to keep in mind 'Life is not work. Work is not life'. The objective is for constant productivity and well-being while succeeding on the above premise. Constructive planning, training, automation,
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Open Source Or Commercial Software ?

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Well, both have their merits and concerns. Both have their deployments, customers and die hard supporters. Both can get the job done depending on the context of consideration. One is neither superior nor inferior to the other. Key considerations for selection includes - Cost - Availability of skillset - Ease of onboarding and mastery - Openness for integration and extensibility - Platform Availability and interoperability When considering it is critical of an objective and open approach and study than being driven and influenced by hype and one-sided marketing bull. It's all about making a good decision with clear facts By PragICTS www.pragicts.com
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Online Presence - A Must Have

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What is an online presence? If you have a website, does it mean that you have an online presence? If you have a social platform account(s), does it mean that you have an online presence?  The answer can be YES. It can indeed be defended. However to get a clear direction one needs to look into the reasons why one makes an effort to have an online presence. If the reason is to have an online visibility then just having a website along with some social platform accounts will not suffice. An online visibility requires that an entity be easily discoverable (360 degrees) to its target audience. A website is the default base foundation of your online presence - gives you a unique online address, location, etc. But this does not guarantee that you are online discoverable. This requires that you are discoverable to your prospective audience through 01 Search 02 Advertisements 03 Content 04 Through the social platforms Provided that these are met, one can confidently state that they have a
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