Video: Retailers are turning into tech companies

By

Why Kogan, Boost Juice, and Inchcape opted for build over buy.

The strategic importance of technology as a competitive differentiator for your core business should not be underestimated, according to three of Australia's top retail IT leaders.

Video: Retailers are turning into tech companies

This is why online retailer Kogan, Boost Juice parent Retail Zoo, and automative retail and services company Inchcape all chose to build their own core technology platforms instead of purchasing one off the shelf.

Buying a commercially available platform that your rivals probably also use puts you on the same footing and leaves you locked in to the same cycle of developments and upgrades, warned Kogan CTO Goran Stefkovski.

Benefits can also flow - in Inchcape's case - from being able to then on-sell your platform to others in your industry if you've managed to fix a problem that many others experience.

The three IT leaders were all finalists in the iTnews Benchmark Awards Consumer category, and spoke at the awards' panel sessions on how to use technology to give your core business a competitive edge.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © iTnews.com.au . All rights reserved.
Tags:

Most Read Articles

Vic firefighters doing battle with IT outages

Vic firefighters doing battle with IT outages

Transport for NSW restructures tech division

Transport for NSW restructures tech division

Ex-CBA IT exec sentenced to 3.5 years in jail for bribery

Ex-CBA IT exec sentenced to 3.5 years in jail for bribery

Lockheed Martin's IT business nears $7bn sale

Lockheed Martin's IT business nears $7bn sale

Log In

  |  Forgot your password?