PRNewswire 13-Jan-2019 8:00 AM
NEW YORK, Jan. 13, 2019 /PRNewswire/ -- National Retail Federation -- Oracle Retail continues its momentum in enabling digital transformation in the retail community with the launch of Oracle Retail Xstore Office Cloud Service. The service centralizes all back-office elements of store operations, eliminating the need for data center investment, providing a faster implementation timeline and creating a more responsive business model attuned to shifts in consumer preferences. With Oracle Retail Xstore Office Cloud Service, retailers can continue to take advantage of cloud solutions while maintaining critical point-of-service functions on- premises.
"Historically retailers have been slow to upgrade their POS solutions, often waiting 5-7 years before considering an upgrade, which has thwarted their ability to keep pace and provide dynamic, engaging experience to their customers," said Jeff Warren, Vice President, Oracle Retail. "By moving Xstore back office to the cloud, customers can benefit from a continuous cadence of innovation that enables lower their total cost of ownership through centralized services and store operations."
New Omnichannel Suite Updates
Xstore Point-of-Service, which is operating today in more than 83 countries, is the cornerstone of the Oracle Retail Omnichannel Suite. The solution delivers a comprehensive set of customer and associate experiences that meet the expectations of today's modern retailers.
"During the 2018 Holiday season, successful retailers relied on accurate inventory as the foundation for fulfilling omnichannel journeys and meeting customer demand," said Chris Sarne, senior director of omnichannel strategy, Oracle Retail. "This new generation of cloud services provides a real-time view into critical enterprise data that is the foundation for great brand experiences for consumers."
Today, the Oracle Retail Omnichannel Suite of solutions enables 64 different shopper journey combinations. As part of Oracle's Omnichannel product portfolio, Oracle Retail Xstore Point of Service is pre-integrated with several cloud services, including Oracle Retail Customer Engagement, Oracle Retail Order Management, Oracle Retail XBRi Loss Prevention and Oracle Commerce Cloud offerings, enabling end-to-end omnichannel retailing. Additional updates to the Oracle Retail Omnichannel Portfolio of Solutions and Cloud Services include:
Join Oracle Retail at NRF 2019 booth #2321 to demo these experiences.
About Oracle Retail:
Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility and refine the customer experience. For more information, visit our website at www.oracle.com/retail.
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.
Oracle and Java are registered trademarks of Oracle and/or its affiliates.
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