Oracle unveils a new Innovation and Technology Center in Porto, Portugal to help retailers gain a competitive edge. The center will focus on delivering breakthrough retail innovations leveraging the latest technologies, including artificial intelligence and machine learning.
Retailers should leverage technology to make back-to-school shopping stress-free. A few solutions are Oracle Retail Demand Forecasting, Oracle Retail Assortment and Item Planning Cloud Service, Oracle Retail Innovation Workbench and Oracle Retail Science Cloud Services.
Global fashion retail conglomerate Apparel Group has selected Oracle to help meet its long-term strategic, financial, and operational goals. With a growing portfolio of more than 75 brands, catering for millions of customers in its 1,750 stores, Apparel Group will use Oracle technology to streamline processes across departments, to launch new brands and expand into different geographies.
Oracle was recently named a Leader in the IDC MarketScape: Worldwide Retail Price Optimization Applications 2019 Vendor Assessment. With these offerings, retailers gain an unprecedented line of sight into the future performance of their assortments and the impact every promotional offer will have on the bottom line.
See how cloud-based technology solutions can alleviate many of the problems that once made analyzing unstructured data so difficult, and advances in machine learning, artificial intelligence and voice recognition will continue to improve these retail processes.