Wednesday, February 01, 2006

 

Oracle adds pieces to retail suite

The war over dominance in the retail sector between Oracle Corp. and SAP AG continues in 2006, with Oracle making the first move by acquiring technology in recent weeks to bolster its industry specific suite.

This product will complement Oracle's workforce management offering by providing customers a complete suite to manage time and labor, absences, and now scheduling to meet a forecasted workload demand.
DJ Chhabra,
vice president of Human Capital Management, Oracle Corp.




Software vendors have targeted retail as a potential area for growth as retailers have been streamlining antiquated IT systems to better integrate and build customer facing functionality around core systems. License revenue in the retail industry grew 21% from 2004 to 2005, according to Boston-based AMR Research.
Retail executives are gathering this week at the National Retail Federation Conference in New York City. They are paying close attention to the major ERP vendors and a slew of best of breed vendors that offer specific functionality for niche retail operations."

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