<<< Oracle Partner Day >>>
Morning Breakout - Barry Geutling
One of the primary benefits that the staff at Retek experiences after the acquisition by Oracle was that they no longer had to have expertise in the underlying infrastructure and could focus on the product and how it relates to their customers.
Before acquisition, as an SME, they were being driven by their customers, who each wanted a specific technology, and end up with a plethora of differing technologies that were becoming more and more complex to manage.
Some big brands have gone out of business because they are not providing what customers want, Phones4U, Block Busters
One of he biggest inhibitors are the legacy applications, lots of ERP applications are 15 - 20 years old and are not positioned to deliver the modern agile solutions that the business demands. This could drive the move to cloud or SaaS as this will be the fastest and most efficient way to modernise IT.
Adding the social elements to the retail solution brings Big Data into the mix. So this is an area where we may be able to open up opportunity.
In-Memory is now available for the applications stack and can be positioned to offer a cheaper upgrade to an in-memory solution over non-oracle solutions.
JD saved $61M by implementing a faster statistical analysis solution that allowed them to more accurately move stock between store from where it is not selling to where it is