Oracle has unveiled its new Retail Cloud Services portfolio. Oracle acquired MICROS Retail solutions last year and rebranded their product lineups as the Oracle Retail Services Cloud. With the new release, Oracle has made significant strides at simplifying the management of a retail business.
Oracle Retail Cloud gives retailers of all sizes access to enterprise apps that help manage the critical aspects of a business. Oracle’s new offering gives retail businesses the ability to manage e-commerce, increase customer engagement and provide order management. Other features include order fulfillment, loss prevention and brand compliance operations.
Oracle’s press release on its Retail Cloud Services portfolio listed these services as being included:
- Oracle Retail Brand Compliance Management Cloud Service,
- Oracle Retail Customer Engagement Cloud Service
- Oracle Retail Open Commerce Platform Cloud Service
- Oracle Retail Order Broker Cloud Service
- Oracle Retail Order Management System Cloud Service
- Oracle XBRi Cloud Service
“Retailers looking for agility, performance, and cost predictability are increasingly considering the cloud,”mentions Jill Puleri, SVP and GM of Oracle Retail.
“The new Oracle Retail Cloud Services help eliminate the time and cost constraints that too often hamper retailers’ ability to respond to new opportunities for growth. Just as important, Oracle Retail Cloud Services allow retailers to focus on their business and work on strategic projects that add value to the business,” Puleri continued.
Oracle seems excited about its new Retail Cloud services and rightfully so. The Oracle Retail Cloud will give businesses the ability to mix in their legacy technology while implementing the next generation cloud. This allows businesses of any size or complexity to rapidly adopt this cloud solution.
Oracle is becoming a force within the SaaS segment of Cloud providers. Oracle says that it currently services over 23B database transactions in its cloud each day. Oracle’s Cloud currently consists of 400 Petabytes that takes up 19 datacenters around the world.