SaaS or Software as a Service is making a buzz in almost every industry, and logistics is no exception. Businesses across the globe prefer SaaS-based logistics software instead of investing in developing on-premises software that might take several months or even a year to build. To understand why this shift is happening- let’s first understand what are the problems the logistics industry is facing? And how SaaS-based applications can be a perfect solution for them.
SaaS is a mechanism of transferring software to everyone (individual or business) over the internet. In this nature of software licensing and release model, the license of the software can be availed periodically. The software is centrally introduced in the cloud, and the individual, availing SaaS access through any compatible browser.
Present industry challenges:
Transportation and logistics industries are constantly struggling with challenges- like complex competition, changing customer expectations, and leveraging digitization to succeed. Lack of ‘digital culture and training is thus the biggest challenge for these companies. Attracting the right skills is one issue, but developing the right strategy is even more crucial.
Besides, an increasingly competitive environment is another dominant factor in the mix. Some of the sector’s customers are springing logistics services of their own, and different competitors to the business are shaping out more profitable aspects of the value chain by exploiting digital technology or brand-new ‘sharing’ business models. They don’t have asset-heavy balance sheets or cumbersome existing arrangements weighing them down.
There is no other industry where so many experts ascribe vast influence on data and analytics in the next five years than transportation and logistics. There are vast possibilities to enhance performance and serve customers better, and LSPs who are part of a digitally integrated value chain can benefit from significantly increased forecasting to scale up capacity or down and plan routes. Adding machine learning and artificial intelligence techniques to data analytics can deliver truly dynamic routing.
One of the most promising ways for transportation companies to improve their workflows and find new ideas for business growth is using a custom SaaS system. These systems guarantee more agile data processing and greater automation of operations than out-of-the-box solutions. They also allow companies to build only the features they need.
From streamlining processes to increasing visibility in the supply chain, their pertinence has grown in quality. According to Statista, 87% of logistics and supply chain firms are tapping into cloud-based solutions to facilitate transportation management and gain an edge in an ever-changing marketplace.
Businesses can optimize SaaS solutions to automate the logistics workflow and free employees from performing routine tasks connected with paperwork.
Logistics is a sphere of multitasking and multiprocessing. Robust SaaS solutions are essential for tracking details and conducting analysis, which helps businesses detect issues and optimize their work. They are designed to simplify and manage complicated logistics problems by taking an integrated, end-to-end approach. The functionality enables optimal route planning, reductions in fuel costs, and significant improvements in asset utilization
Logistics companies gain real-time visibility from SaaS solutions into logistics processes and data, assisting businesses to keep their operations under command. SaaS logistics solutions support companies to reach a more predictable supply chain, while companies can associate in the cloud to cooperate efficiently.
SaaS solutions empower operators to access high-level route planning abilities on demand, encouraging them to avoid the high capital cost investment and the in-house IT staffing required for superior systems integration. We can directly scale them up or down according to business needs without infrastructure changes as they are delivered as a service.
Inovar optimized SaaS solution for logistics
Inovar joined hands with fleet operators to manage their logistics operations and apply technology for making their workflow automated. With an AI-powered SaaS solution, we gave fleet operators ways to predict demand, optimize vehicle usage, and give them real-time tracking of their vehicles from both fleet operators and consumers.
Our first aim was to bring all stakeholders Markets, Warehouses, Traders, Ports, and Truckers under a single virtual platform and allow them to trade on-demand within an open marketplace.
Inovar brought Microsoft Azure IoT and machine learning services within a customized application that could build a connected platform for fleet operators. The solution could not only gather data efficiently but generate intelligence as it was used. Another remarkable feature was analytics and event hubs that captured data used in a Databricks platform to generate insights. Using these insights, system booking, scheduling, predictive maintenance cycles became 70% easier than before.
Finally, the system went live with 1000+ vehicles, and the logistics client started to reap ROI from multiple avenues. Within 3 months, the efficiency of their operations improved by 30% with better security, high scalability, and faster availability from the end-user.
Summing up, we can say that cloud logistics automation is beneficial to all participants in the supply chain. It allows you to easily solve complex problems, so its popularity will only grow every year. As a logistics software development partner, we solve many standard and custom needs of the transportation industry from Business as well as Technology perspectives. After many years spent in the logistics domain, our dedicated development team learned specific details and gained experience that can be used to effectively help you with any of your logistics software that you need to develop.
InovarTech is ready to improve your automation experience. With our brilliant forms and streamlined workflows, you will be fit to tackle process technologies and know-how to adapt them to your institution. Reach out to us today to get started. You can take comfort because we know process automation and how to implement them effectively. Let us deliver high-volume processes to your doorstep.
With the fast pace of cloud changes, cloud lock-in remains a popular refrain. But do you know what does it mean? How can you make sure that you’re boosting your cloud investment at the same time maintaining portability in mind?
In this article, we are going to talk about how business owners and analysts will strategize the best cloud approach to maximize their ROI and gain ten times better solutions with the proper cloud architecture.
Cloud bursting! Hybrid cloud! On & Off-premises! Multi-cloud! Cloud strategists, analysts, and architects are aware of these phrases over the past ten years. Each of them makes logical sense, but in recent times, it’s the last – multi-cloud – that I’ve seen in actual practice the most.
If you are not clear about what multi-cloud is — let me explain!
What is multi-cloud?
Multi-cloud is the utilization of two or more public and/or private cloud providers to assist the IT services and infrastructure of an organization. A multi-cloud strategy typically consists of a mix of primary public cloud providers particularly, Amazon Web Services (AWS), Google Cloud Platform (GCP), Microsoft (Azure), IBM, and Alibaba.
Businesses that embrace a multi-cloud architecture may leverage various public clouds in combination with private cloud deployments and traditional on-premises infrastructure.
Organizations prefer the best services from each cloud provider based on values, technical specifications, geographic availability, and other factors. Each day, every organization practices multiple types of data and diverse applications. Most of the cloud vendors specialize in a particular area, so being able to use different clouds encourages companies with the agility they need. This may mean that a company uses Google Cloud for development/test while using AWS for disaster restoration and Microsoft Azure to concoct business analytics data.
What is a multi-cloud strategy?
A multi-cloud environment can combine SaaS, PaaS, and IaaS deployments from more than one public or private cloud service provider to meet an organization’s technical and business needs.
For example, many businesses initially jump into the cloud tepidly, at least one small service or application at a time. Shortly, this converts unwieldy, and you have to clean up your cloud sprawl. Hence, you need a strategy.
A multi-cloud approach empowers organizations to advance the efficiency of their IT spending and business operations by preferring an appropriate service and provider for each use case. The main concern of every organization is to reflect their needs are and align their needs with the best cloud providers applying a multi-cloud strategy. The forester industry analysts conducted an in-depth analysis of over 600 cloud strategy professionals to determine the leading use cases for multi-cloud architecture.
Below we have discussed the modern use cases for a greater understanding—
- Selectively deploying application workloads over multiple public and private clouds depends on the application and business needs.
- Combining on-premises infrastructure and services from multiple public clouds in a hybrid cloud environment.
- Evolving API-consistent cloud architecture across both public and private clouds.
- Developing data-center abilities and extending disaster recovery capabilities.
- Governing access to cloud-based data, applications, and services within a specific control portal.
- Advancing applications with components deployed to various cloud platforms.
You can have highly available apps existing in one ideal cloud solution and actually sensitive data that you don’t need to access often in a different cloud solution applying the best multi-cloud approach. This one might be slower but more secure—and that’s OK!
The continuous IT investment will optimize multi-cloud architecture and deployments to recognize actual strategic advantages and aspirations. Are you interested in a closer look at seven of the most influential drivers for multi-cloud investment?
Reasons Organizations Choose a Multi-Cloud Strategy
Recent Forrester research found that almost 80% of enterprises describe their strategy as a hybrid/multi-cloud one. Multi-cloud is quickly establishing itself to be the prospect of business across every sector. To prevent vendor lock-in, drive down costs, and ensure agility, many organizations are now looking to multiple clouds for their operational needs.
According to the same research, only 42% of organizations regularly optimize their cloud spending, and only 41% maintain an approved service catalog. So, it is always important to remember that without a strong understanding of what is being used and where organizations risk circumventing the benefits of a multi-cloud strategy and settling themselves with high budgets and security risks.
Avoiding Vendor Lock-In
Vendor lock-in occurs when an organization faces too much complexity to transfer its business apart from one cloud service provider to another provider or even bring its data back on-premises.
Organizations that rely on a single cloud service provider normally develop applications that depend profoundly on the unique potentials of that vendor. As those organizations broaden their investment in that single cloud, switching providers becomes more expensive, complex, also takes an enormous time.
In contrast, organizations that already have devoted themselves to a multi-cloud strategy purposely plan for agility and flexibility between multiple cloud providers. With the adaptability to move applications between multiple public cloud vendors, organizations are poised to take recognition of new technologies from all providers and adopt the well-functioning or most cost-effective services for specific application workloads.
Choosing a multi-cloud strategy can help your business avoid vendor lock-in, take support of new and better technologies from other providers, and adopt the most cost-effective and performance-enhanced compute or storage resources for each workload.
Overcoming Data Gravity
Data performs a significant role in daily operations for thousands of businesses. Organizations have traditionally kept their data in on-premises data centers where it could be spelled out by legacy applications, but in the cloud computing era, more are preferring to regulate data in the cloud and analyze them with cloud-based applications.
The term “Data Gravity” refers to the concept that large data sets are troublesome and expensive to move or migrate. If your organization keeps a large volume of data with a single cloud service provider, data gravity could push you to deploy related apps and services with the same provider—even when there are more cost-effective options accessible in another cloud.
Overcoming data gravity is as manageable as utilizing a cloud-attached storage solution that combines multiple clouds simultaneously. The best solutions minimize latency by hosting your data close to cloud data centers.
Better workload optimization
Whenever you approach any public cloud service provider, they offer their blend of physical infrastructure components and application services with versatile functionality, usage characteristics, terms & conditions, and pricing. They also release new features regularly to make their services more efficient, cost-effective, and attractive to customers.
Henceforth single cloud provider can’t claim to provide cost-optimized services that cover every potential business need or use case. But when you switch to a multi-cloud strategy, you can choose the most suitable cloud service provider for each application or workload, leading to enhanced application performance and improved cost-efficiency.
Elevating application performance
When cloud-based application services are released from servers at separate locations, data must travel across several network nodes before entering the user. In this pathway, slow data transfers may degrade application performance and negatively affect the user experience because of high network latency.
The market leaders of public cloud service providers (AWS, Azure, & Google Cloud) operate multiple data stations in geographically different regions, establishing a network of availability hotspots that deliver high-speed service to worldwide customers and users. By affirming a multi-cloud strategy and leveraging cloud services from the above one vendor, organizations can enter new geographies and implement better application and data performance for their users, wherever they are located.
Curbing Shadow IT
When autonomous business units within an organization select any technological solutions without the supervision of the IT department, shadow IT happens. Shadow IT leads to security concerns, notably whenever staff members use unsecured platforms outside of the organizational firewall to transact sensitive data. Based on the Gartner prediction in 2020, 30% or more successful cyberattacks will target Shadow IT resources within enterprise organizations.
Organizations that are now adopting a multi-cloud approach can speed up their adoption of cloud services that drive employee productivity and collaboration, reducing the inducement for employees to execute new technologies without going through the channels.
Enhance disaster recovery capabilities!
A good number of public cloud service providers offer 99.5% uptime as part of their service level agreements — yet unplanned brownouts happen, and they can be extremely costly. According to a 2019 IT survey, it has been observed that organizations experienced an average of 830 minutes of unplanned downtime during the year, with an average cost of $5.6 million.
Organizations can respond to unplanned service outages by failing over their workloads from one public cloud to another with the help of a multi-cloud strategy. We provide our clients a customized solution on their failover models based upon application-specific needs, taking advantage of trade-offs between cost and performance to achieve a fully optimized disaster recovery strategy.
Meeting regulatory compliance and requirements
More organizations than ever now desire to meet regulatory compliance provisions referred to as data localization or data residency. Data localization laws may prohibit organizations from exporting data about a nation’s residents to other countries, requiring that the data be processed and locked away in the same region where it was collected.
Organizations can observe data localization or residency laws through a multi-cloud strategy by taking the assistant of cloud service providers with regional accessibility zones and data storage infrastructure.
Why should you choose Inovar to run your strategy?
Multi-cloud strategies are inherently complex. Legacy systems, disparate data sources, and different applications may start creating a unified plan for a momentous task. That’s why, to have multi-cloud perfect, more and more companies are searching for partners to help. The bespoke partners known as managed services providers help organizations embrace the cloud with speed, accuracy, and security.
There are many service providers out there. How do you understand which one is most competent for your organization?
According to the latest Forrester Wave: Multi-cloud Managed Services Providers report, enterprises should consider managed services providers that meet three criteria:
First, the provider should be able to uphold the organization during its entire cloud journey, from initial planning to migration, execution, and monitoring. At Inovar, we provide end-to-end services. We always try to know our pain points, requirements and suggest to you the best-suited solution. We offer you the supervision that you need to select the right capabilities to accomplish your business objectives- from cloud services to deployment, operation, and management.
Secondly, providers must have the strength to invest in capability expansion and continually be improving their efficiencies. Cloud is one of the broadest platforms where technology is emerging constantly. Considering this fact, we always keep an eye on what is coming and suggest the best design strategy for resilience and success for years to come.
We maintain an atmosphere where you can promptly innovate, develop, obtain the ideal data at the right time, transfer workloads around as required, and draw full advantage of the latest progressions in AI, automation, analytics, and more so you can constantly iterate and enhance everything from applications to business processes. Starting from setting up your strategy to apply the best-automated approach, we try to ensure real-time optimization and help you build the skill sets you need to become more cloud-native.
Third, providers must have explained qualifications and associations with primary cloud suppliers. Our vendor-agnostic strategy lets you connect with the best services from well-known providers: Inovar multi-cloud platform is accredited by partners including Amazon Web Services (AWS) and Microsoft Azure for superb delivery and compliance to industry standards. Here you can find multiple options on the combination of vendors and get what you need.
Since most organizations are in business to generate money, we can safely say a multi-cloud strategy contributes to cash flow by taking care of money. Usually, challenges and solutions become more complicated when people address them sound more complex. But having the most suitable plan and the best people will ensure that your strategy lives for a very long time. If you are also looking for the same please reach out to us, we would love to collaborate.