NEW YORK, Jan. 14, 2019 /PRNewswire/ -- National Retail Federation Retail's Big Show -- Oracle Retail and One Door™, a leading provider of cloud-based visual merchandising software, today announced they are collaborating to help retailers improve their in-store merchandising. By integrating the artificial-intelligence infused Oracle Retail Assortment Optimization Cloud Service and One Door Merchandising Cloud, retailers will be able to easily optimize store layouts and assortments, then automatically convert them into interactive, store-specific plans. With this new end-to-end capability, merchandising and store teams will be empowered to both create and execute localized, space-aware assortments that maximize returns at each store.
According to Gartner, Inc., "Retailers will use AI to improve and automate existing and new business processes, and to drive human creativity through deep learning and innovation."1 Through this new partnership leading retailers can take advantage of Oracle's AI capabilities and then leverage One Door automation to deliver personalized experiences at scale.
"Oracle is the modern platform for retail that lets brands accelerate their business to drive beyond best practice and focus on customer acquisition and interactions that deliver a lifetime of value," said Jeff Warren, Vice President Solution Management, Oracle Retail. "This strategic collaboration empowers retailers to plan and optimize inventory strategically, communicate effectively with stores, confirm in-store execution and compliance, and deliver a tailored and high-quality customer experience."
"By combining our visual merchandising and in-store capabilities with the strength of the Oracle Retail portfolio, we collectively deliver the first-of-its-kind end-to-end capability for merchandising transformation," said Tom Erskine, CMO and SVP of Product, One Door, "We see the potential to broaden Oracle's already extremely comprehensive product portfolio and the Oracle Retail Reference Library, giving Oracle customers and prospects even more opportunity to affect the required transformation and change with a single vendor (Oracle)."
1 Gartner, Inc., Cool Vendors in AI for Retail, Robert Hetu and Miriam Burt, May 2, 2018
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.
About One Door™, Inc.
One Door™, Inc. is a leading provider of cloud-based visual merchandising software, optimizing merchandising at each store for the world's leading brands. One Door is privately held, based in Boston, MA, and led by an experienced team of retail and technology visionaries. One Door™ Merchandising Cloud is the only application that combines product and promotional visual merchandising with store information, providing each store with a unique, unified, and interactive merchandising plan. For more information, visit www.onedoor.com.
About Oracle
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.
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SOURCE Oracle
