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Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit

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by Angela Guess

According to a recent press release, “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.”

Ray Carlin, senior vice president and general manager of Oracle Retail, commented, “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… 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.”

The release goes on, “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’.”

Read more at Newswire Today.

Photo credit: Oracle

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