Toshiba launched a major e-commerce platform designed to move giant retail customers from their legacy IT solutions to a next generation e-commerce architecture based on micro-services and new retail technologies. The ELRA Unified Commerce Platform from Toshiba Global Commerce Solutions has been four years in development and was announced at the National Retail Federation conference. It launches with an initial group of 30 microservices with more to follow. Here's a look at 10 point-of-sale systems to consider for your business. Toshiba is one of the world's largest suppliers of point-of sale-and retail systems.
London-based satellite operator Inmarsat says it is making a significant upgrade to its ELERA L-band network to specifically cope with a surge in demand from companies and governments wanting Internet of Things (IoT) services. Inmarsat says the fresh investment will triple the speed of the ELERA network. The operator adds that it will also introduce smaller terminals for use for customers to receive and decode the satellite's L-band signals. Inmarsat is launching two new satellites to enhance the ELERA network. The I-6 satellites, the first of which is scheduled to launch at the end of 2021, are the largest and most sophisticated commercial communications satellites ever built.
Satellite operator and service provider Inmarsat has launched Inmarsat ELERA; a global narrowband network that is said to be ideally suited to the rapidly evolving world of the Internet of Things (IoT) and for global mobility customers, including aviation, maritime, governments and select enterprises. "ELERA is perfectly suited to the needs of the connected IoT world," said Rajeev Suri, CEO, Inmarsat. "Global reach, extraordinary resilience, faster speeds, smaller and lower cost terminals are all part of ensuring that we remain ahead of others in meeting the needs of our customers." "ELERA is a further sign of a company with true momentum and one that is delivering new innovations and strong performance," continued Suri. "I expect that Inmarsat will grow strongly in 2021 compared to the previous year, and that growth will span most of our business units. Our progress was evident in the first half, where we saw strong growth in revenue and EBITDA and robust cash flow. We have sharpened our strategy to focus on driving growth, accelerate decision making, launch new innovations, and are creating a more commercially focused, customer-centric culture."
For the vast majority of organizations today, commerce without content becomes unfeasible quickly. Yet organizations rarely grow into commerce and content at the same time. No matter how they start, however, they usually arrive at the same place: one system to handle commerce, another to serve content, and a smattering of other add-ons or systems for automation, email, assets, cataloging, etc. This situation may work for a time -- it might even be rationalized as "best of breed" -- but it inevitably compromises digital maturation and, more importantly, undermines profit. The good news is there are solid options for consolidating commerce and content on a single platform.
Social commerce or livestream shopping is forecast to transform social media into one big shopping channel. The whole buying experience, from initial product discovery to check-out, will take place on social media, with the consumer never stepping out of the app. A lot of serious players agree this will happen. TikTok has launched its shopping facility in the UK, stating, "E-commerce is a big opportunity for TikTok, and it's something we're investing in significantly. We think it's a really significant moment."