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1、CLOUD RADARCPG AND RETAIL INDUSTRY REPORT2|Cloud Radar:CPG and Retail Industry ReportExternal Document 2024 Infosys Limited Knowledge InstituteContentsExecutive summary 05Cloud spending on the rise 06Reasons for cloud adoption 08Cloud is for digital commerce and CRM 10What cloud is good for 16Emergi

2、ng cloud challenges 18Surging through 24Appendix:Research approach 27Cloud Radar:CPG and Retail Industry Report|3External Document 2024 Infosys Limited Knowledge Institute4|Cloud Radar:CPG and Retail Industry ReportExternal Document 2024 Infosys Limited Knowledge InstituteCloud spending by consumer

3、packaged goods(CPG)and retail sectors the world over is set to increase in 2024.Though CPG and retail companies are currently focused on strategic cost takeout that is,making major changes to the business structure to reduce costs given the current economic climate,their motives for migrating to clo

4、ud have had more to do with innovation and less to do with cutting costs,according to Infosys Knowledge Institutes recent research.The Cloud Radar 2023 surveyed more than 2,500 respondents from companies across nineindustries in the US,UK,Germany,France,Australia,and New Zealand,and the Nordiccountr

5、ies including Norway,Finland,Executive summarySweden,Denmark,and Iceland.The study surveyed 400 respondents from CPG and retail sectors.The study found that CPG and retail companies depend on cloud for sophisticated solutions,growth,and transformation.They benefit from it but they also face challeng

6、es when it comes to their cloud,in terms of usage and cost.However,it is well within their abilities to overcome the issues provided they learn how to embed the right business case into cloud,master monitoring and prediction,and adopt a value-centric cloud operating model,among applying other best p