Oracle Retail Cloud Platform recognized for
offering configurable workflows and a high-level of
scalability
AUSTIN,
Texas, Jan. 9, 2024 /PRNewswire/ -- Oracle has
been named a leader in The Forrester Wave™: Retail Planning
Platforms, Q4 20231. The Oracle Retail platform was
cited as the best fit for retailers or CPG firms that see
open-to-buy and merchandise financial planning discipline as
critical. Oracle scored the highest among any vendor in the agile
merchandising criterion and was one of just two vendors to achieve
the highest rating in both the vision and innovation criteria.
Download the report and learn more here.
The report evaluated the solutions provided by 13 retail
platform vendors and was designed to help digital business leaders
select the right platform to meet their needs.
"Oracle's current offering showed strengths in channel and store
assortment planning; exploiting affinity, demand transference, and
decision tree techniques; range and merchandise financial planning;
continuous planning; and next best action," the report stated.
"Reference customers valued Oracle's vision, roadmap, and
merchandise financial planning functionality…."
"Our AI-backed Oracle Retail platform built on Oracle Cloud
Infrastructure (OCI) provides retailers the tools to scale and
tailor existing workflows to meet their merchandise financial
planning and open-to-buy goals," said Alex
Alt, executive vice president, Oracle. "We believe this
recognition further demonstrates Oracle's continued
leadership in the retail industry and ability to provide innovative
solutions to meet our customers' – and their customers' - evolving
needs."
To see Oracle's cloud platform for modern retail in action,
please visit us at the National Retail Federation Show (NRF) in
New York on January 14-16, 2024, at booth #5038. Learn more
about our networking events and book a demo or meeting at:
https://engage.oracle.com/oracleatnrf2024
- The Forrester Wave: Retail Planning Platforms, Q4 2023,
George Lawrie with Fiona Swerdlow, Emily
Pfeiffer, Min Say,
Rachel Birrell, November 28, 2023
About Oracle
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applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
oracle.com.
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SOURCE Oracle