Category: Oracle

Feed: All Oracle Press Releases. Oracle today announced the opening of a Toronto data center to support in region customer demand for Oracle’s public cloud, Oracle Cloud Infrastructure. Oracle’s next-generation cloud infrastructure offers the most flexibility in the public cloud, allowing companies to run traditional and cloud-native workloads on the same platform. With Oracle’s modern cloud regions, only Oracle can deliver the industry’s broadest, deepest, and fastest growing suite of cloud applications, Oracle Autonomous Database, and new services in security, Blockchain and Artificial Intelligence, all running on its enterprise-grade cloud infrastructure. “Enterprises in the region still have limited ability to ... Read More

Feed: All Oracle Press Releases. Finance teams lack the digital skillset to embrace the latest advancements in artificial intelligence, causing a negative impact on revenue growth, according to a new study from the Association of International Certified Professional Accountants (the Association) and Oracle (NYSE: ORCL). The study of more than 700 global finance leaders found that despite a clear correlation between the deployments of AI and revenue growth, 89 percent of organizations have not deployed AI in the finance function and only 10 percent of finance teams believe they have the skills to support the organization’s digital ambitions. The report, ... Read More

Feed: All Oracle Press Releases. Utrecht, 16 January 2019 - Health insurer Eno, based in the Netherlands, is switching to Oracle Health Insurance Back Office (OHI), a preferred solution in the market that will provide critical flexibility to its healthcare IT infrastructure. Eno sought a replacement of its outdated back-office system that would meet its own requirements and those of regulators, while adding strategic value to the organization. It also needed a stable and future-proof solution that could scale with a number of products in its own special care product portfolio. Eno considered various options including custom development and the ... Read More

Feed: All Oracle Press Releases. Wearable and consumer electronics are increasingly used for sensitive applications such as Near Field Communication (NFC) ticketing and payments, as well as tracking health data. Oracle today announced the general availability of Java Card 3.1, the latest version of one of the world’s most popular and open application platform used to secure some of the world’s most sensitive devices. This extensive update provides more flexibility to help meet the unique hardware and security requirements of both existing secure chips and emerging Internet of Things (IoT) technologies. New features introduced with this release address use cases ... Read More

Feed: All Oracle Press Releases. JOANN Stores, one of the nation’s largest craft and fabric specialty retailer, has chosen Oracle to help create a modern experience with a 360-degree view of customer engagement. With Oracle, JOANN can better understand and engage customers across its omnichannel footprint, including leading web and mobile properties and more than 865 physical stores across the United States. Leveraging embedded data science and analytics, JOANN can create more personalized, targeted offers that generate demand across key market segments. “Our customers expect a superior assortment of fabric and craft supplies from our stores, as well as expertise, ... Read More

Feed: All Oracle Press Releases. People do not want to speak with robots while shopping in-store or online according to a new study conducted by Oracle NetSuite in partnership with Wakefield Research and The Retail Doctor, a retail consulting firm created by expert consultant and business mentor Bob Phibbs. The global study of 1,200 consumers and 400 retail executives across the U.S., U.K. and Australia found a huge disconnect between shopper demands and what retailers deliver in areas spanning the overall retail environment, social media, personalization and the use of advanced technologies such as chatbots, artificial intelligence (AI), and virtual ... Read More

Feed: All Oracle Press Releases. A leading clothing and homewares retailer Matalan has chosen Oracle to help maximize its data insights and improve inventory availability and customer service. Matalan’s dynamic growth, planned expansions, and evolving consumer demands across an omnichannel environment drove the need for an integrated planning solution that could provide a single source of truth for its business. With Oracle Retail Cloud solutions Matalan will be able to accurately map inventory assortments against consumer preferences and seasonal trends across 225 stores in the UK and 25 in international markets. “We continue to invest in innovative technology and tools ... Read More

Feed: All Oracle Press Releases. Creating a seamless customer experience across channels, Grupo Nazan has embarked on a digital transformation initiative with Oracle. Grupo Nazan sells footwear brands Impuls, Destroyer, and Playa Mayoreo through 100 stores and wholesale channels in Mexico. With a business that was historically driven by catalog, the company recognized an opportunity to expand digitally and physically with the adoption of a modern retail platform. With Oracle, Grupo Nazan will be able to better reach customers on the channel of their choice, while gaining a centralized view of engagement. The initiative is supported by a suite of ... Read More

Feed: All Oracle Press Releases. Oracle Retail and One Door™, a leading provider of cloud-based visual merchandising software, today announced they are collaborating to help retailers improve their in-store merchandising. By integrating the artificial-intelligence infused Oracle Retail Assortment Optimization Cloud Service and One Door Merchandising Cloud, retailers will be able to easily optimize store layouts and assortments, then automatically convert them into interactive, store-specific plans. With this new end-to-end capability, merchandising and store teams will be empowered to both create and execute localized, space-aware assortments that maximize returns at each store. According to Gartner, Inc., “Retailers will use AI to ... Read More

Feed: All Oracle Press Releases. Oracle Retail continues its momentum in enabling digital transformation in the retail community with the launch of Oracle Retail Xstore Office Cloud Service. The service centralizes all back-office elements of store operations, eliminating the need for data center investment, providing a faster implementation timeline and creating a more responsive business model attuned to shifts in consumer preferences. With Oracle Retail Xstore Office Cloud Service, retailers can continue to take advantage of cloud solutions while maintaining critical point-of-service functions on- premises. “Historically retailers have been slow to upgrade their POS solutions, often waiting 5-7 years before ... Read More