OAT Systems at Sales Kickoff 08' - Kiosk 257.
By user742203 on Jun 06, 2008
We have been receiving interview requests, inquiries from customers, analysts regarding the nature of our partnership with OAT. From Oracle's POV, our strategy and vision of device/technology convergence means that we are looking to leverage this Live Heartbeat data that comes from RFID/RTLS to enable our applications to enable better decisions - this is akin to having real-time streaming stock quotes instead of day old information. A simile can be drawn with the current efforts by google, msn to get live streaming quotes on their financial portals, information depreciates much more rapidly than your honda and it's usefulness is best leveraged at the instant when an event happens.
With their coverage of Active, Passive and WiFi technologies, this means lower integration costs for our customers with one standards based intoperability handshake between Oracle and OAT, that translates to a much better ROI, which is our ultimate goal for customers.
OATSystems Foundation Suite to Provide Oracle Applications Customers With Advanced RFID Capabilities
WALTHAM, Mass., - June 4, 2008 - OATSystems, a member of the Oracle PartnerNetwork, today announced a relationship to RFID-enable Oracle® Applications.
OATSystems has long been a leader in deploying RFID-enabled solutions in the retail, consumer product goods and industrial manufacturing segments. This relationship will enable Oracle customers to gain a new level of real-time visibility into Oracle's existing suite of supply chain and retail applications. Oracle's customers will gain the ability to improve operational precision with real-time edge process management and monitoring.
"One of the most challenging areas for businesses is obtaining accurate inventory and asset information," said Paul Cataldo, vice president of marketing, OATSystems. "A recent industry study demonstrated that for certain industry segments, inventory information is often grossly inaccurate. RFID addresses this problem directly by providing enterprises with greater visibility and operational precision. The bottom line is that for most companies having the right assets in the right place at the right time saves money and increases sales."
Oracle customers will benefit from OATSystems' proven solutions in several industries and flexible deployment architecture. This deployment architecture, unique to OATSystems, enables businesses to deploy RFID business logic using a lightweight and low-cost infrastructure, while maintaining centralized management and control capabilities. It mirrors the business model and meets the IT requirements for many of Oracle's retail and supply chain application customers. In essence, it enables businesses to improve local processes such as shipping and receiving while gaining integrated management and monitoring across multiple and remote sites.
"OATSystems RFID expertise and proven solutions will enable Oracle's supply chain management customers to use real-time RFID data to improve edge processes and gain deeper visibility into their operations," said Jon Chorley, vice president, product strategy, Oracle. "With these capabilities, our customers can save money through greater operational precision and the ability to transform business processes."
Today, Oracle and OAT have joint customers such as Tesco and Best Buy among several others. This relationship will enable them to leverage combined strengths to deliver more value for their market leading customers.
About the Oracle PartnerNetwork
Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.com.
About OATSystems, Inc.
OATSystems, Inc. is the recognized RFID solution leader with software that empowers businesses to achieve competitive advantage and ROI from radio-frequency identification (RFID) enabled applications. As a pioneer in developing RFID technology, OAT has been setting the standards in RFID for over half a decade and is responsible for industry firsts that include the largest scale and largest scope of deployments, as well as the most innovative approaches to providing enterprise-wide RFID solutions. OAT's multinational client base consists of over 100 customers in retail, CPG, consumer electronics, manufacturing, life sciences, aerospace and defense. OAT is headquartered in Waltham, MA, and has a development office in Bangalore and various direct sales offices and resellers around the globe. To learn more about the company's latest developments, visit www.oatsystems.com.
Oracle is a registered trademark of Oracle Corporation and/or its affiliates.
For more information, contact:
George Cohen (for OATSystems)
George Cohen Communications