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|Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity|
|Posted: Mon Jan 09, 2017 04:24:19 PM|
Platform Upgrades Bring Extensive New Services to the Cloud and Mobile POS
Redwood Shores, Calif.—Jan 9, 2017
Oracle announced today the availability of Oracle Retail Release 16, which empowers retailers to deliver unified consumer experiences across ecommerce and brick and mortar locations. The new release reflects insights of our global customer community regarding shared business challenges and more than 100,000 development days invested via Oracle’s renowned research and development team, culminating in the retail industry’s most advanced and mobile-enabled cloud services and on-premise solutions.
“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,” said Ray Carlin, senior vice president and general manager of Oracle Retail. “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.”
Expanding Cloud Services for Retailers
Oracle Retail recognizes the industry is in a period of migration to cloud technologies and has put in place a strategy that will support cloud and on-premise solutions, empowering customers to migrate to the cloud at a pace that meets their strategic needs.
“Access to retail-specific cloud services is a critical differentiator for brands to streamline operations, expand offerings and scale at a fast pace,” said Ray Carlin, senior vice president and general manager of Oracle Retail. “With Oracle Retail Release 16, brands of all sizes can access best-in-class industry solutions through our world-class cloud services.”
The Power of the Cloud: Oracle now offers over 33 Oracle Retail cloud services including its industry leading merchandising solution with documented best practices and automation of key process at a lower cost.ocess at a lower cost.
Making Critical Merchandising Operations Mobile
“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,” said Jeff Warren, vice president product strategy at Oracle Retail. “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.”
Giving Store Associates a Fully Informed Mobile Solution
Oracle Retail is also bridging the productivity gaps between online and traditional point of sale functionality, through mobile experiences that inspire store associates to engage consumers away from the register.