Retailers Are Ditching On-Prem, Legacy Systems And Embracing Cloud-Native, SaaS Tech

As businesses reevaluate their budgets in the wake of an economic downturn, modernizing their tech ecosystems is still a priority. Businesses that continue to rely on outdated, on-premises, legacy systems will miss out on the benefits and competitive advantages that cloud-native or SaaS solutions offer, such as lower overall costs, frequent and automatic updates to business functionality, and increased IT and cloud resiliency. They might also encounter significant obstacles without the flexibility that cloud-native or SaaS solutions offer in the face of uncertain circumstances. This is a snapshot of Forrester’s Digital Business Strategy Survey data on the commerce tech ecosystem in retail and wholesale.