Cloud applications and platform services provider Oracle
has announced the availability of Oracle Retail Release 16. Oracle, which has headquarters in California, United States, was established in 1977. The company offers “an optimized and fully integrated stack of business hardware and software systems” which includes a wide range of services such as server and storage systems and on demand CRM options. Oracle Retail offers a suite of services that enable retailers to “align corporate objectives with deployment strategies to deliver superior customer experiences and drive profitable growth”, allowing them to unify customer experience for both ecommerce solutions and physical locations. Release 16 is the latest iteration of the solution.
The development of Oracle Retail Release 16 was based on insights collected from Oracle’s “global customer community”. The solution provides interplay with traditional and cloud-based solutions, allowing Oracle’s customers to migrate to the cloud at a pace that meets their business requirements. Its ‘On-Premise to Cloud’ capability extends planning and optimization technology to the cloud while offering retail cloud services such as its “industry leading” merchandising solution. It also makes merchandising operations mobile. Oracle Retail will be showing Release 16 at the National Retail Federation Big Show which takes place January 15-17, 2017, in New York City.
"As retailers invest in new markets and offerings for 2017, having the right infrastructure, optimization science and mobile solutions will become a critical competitive advantage," explained Oracle Retail’s Senior Vice President and General Manager, Ray Carlin, of. "Oracle's Cloud First strategy enables us to deliver a steady cadence of innovation to our global retail customers, and we are taking the industry's leading retail science and best practices to a new level with Oracle Retail Release 16."
"We optimized Oracle Retail Suite 16 for a mobile environment recognizing that old and new generations want to use consistent technology at home and at work," added Oracle Retail’s Vice President Product Strategy, Jeff Warren. "Our platform is engineered to accelerate critical decision making through a powerful interface for managers and analysts that is built upon machine learning and data analytics."Do you know of any other companies that are offering new versions of their solutions? Let us know the details. Add your comments below.