January 12, 2017

Oracle announces release of Oracle Retail Suite 16

The upgrade introduces new cloud services to help retailers maximize retail profit and productivity

This week, cloud services provider Oracle announced the availability of Oracle Retail Release 16. The company says that the upgrade will empower retailers to deliver unified consumer experiences across both e-commerce and brick and mortar locations.

Through its blog, Oracle said that the retail industry is in a period of migration to cloud technologies and Oracle has a strategy that supports cloud and on-premise solutions, so customers can migrate to the cloud at a pace that meets their strategic needs.

Ray Carlin, General Manager, Oracle Retail said:

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 company claims that it will provide retailers with a fast and cost-effective manner to deploy its solutions, the ability to achieve maximum business value with minimal risk, and improvement in their overall retail operations.

Ray Carlin also added that access to retail-specific cloud services is a critical differentiator for brands to streamline operations, expand offerings and scale at a fast pace. With Oracle Retail Release 16, he claims that brands of all sizes can access best industry solutions through Oracle’s world-class cloud services.

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