Indiska Selects Oracle to Create Core Retail Platform to Support Profitable Growth

REDWOOD SHORES, CA, Oct 05 (MARKET WIRE) --
Oracle (NASDAQ: ORCL)

News Facts

-- Swedish fashion and home furnishings retailer Indiska has selected a
broad suite of Oracle(R) Retail applications and Oracle Fusion Middleware
components to create a core retail platform that will support its
international expansion plans and long-term growth strategy.
-- With over 80 stores in Sweden, Norway, Finland and Denmark, Indiska
offers quality modern Bohemian-inspired women's fashion and home
furnishings and remains committed to its founding principles of ethical and
sustainable retailing.
-- Indiska has selected Oracle
Retail Merchandising System, Oracle
Retail Price Management, Oracle
Retail Trade Management,
Oracle Retail Sales Audit and Oracle
Retail Allocation to replace its legacy systems.
-- The Oracle Retail applications are expected to provide a coordinated
view of merchandising operations that will help improve decision-making
around pricing, the flow of inventory and allocation of goods to meet
customer demand.
-- Indiska is also planning to implement Oracle Fusion Middleware
components including the Oracle
WebLogic Suite, Oracle WebCenter Suite and Oracle BPEL Process
Manager to manage the data exchanges between the Oracle merchandising
environment and other systems.
-- The retailer also plans to implement Oracle
E-Business Suite Financials Release 12 to help improve integration
between the core retail and financial systems as well as to enhance
reporting capabilities.
-- The relationship with Oracle marks an important step in Indiska's
transformation strategy, which has already delivered significant
improvements in terms of profitability and operational efficiencies.
-- The first objective of the deployment is to improve access to Indiska's
foundational data to help enable more efficient core merchandising
capabilities and to standardize on Oracle Database 11g.
-- Indiska expects to implement Oracle E-Business Suite Financials prior
to rolling out the Oracle Retail applications.
-- Accenture has been selected by Indiska as their implementation partner,
delivering the project from Sweden and India. Oracle supports the
implementation with point experts and quality assurance.

Supporting Quotes

-- "Oracle provides the best fit for our business, not only in terms of
functionality but through its proven experience and understanding of our
business requirements and objectives," said Sara Bjoerk, IT Director,
Indiska. "We believe Oracle can provide the technology to help us unlock
value within our business, to better support growth and drive overall
business performance."
-- "We are committed to supporting Indiska's long-term strategy for
positive growth," said Duncan Angove, Senior Vice President and General
Manager, Oracle Retail. "The Oracle solutions will help Indiska to turn
reliable and timely information into profitable business decisions to
deliver an even better customer experience and support their international
expansion."

Supporting Resources

-- About Indiska
-- Join the Oracle Retail
community on Facebook
-- Insight-Driven Retailing
Blog
-- Oracle Retail YouTube
Channel
-- Follow Oracle Retail on
Twitter
-- Oracle
Retail Customer Success Stories
-- Oracle in
Retail

Oracle Innovation Showcase

For more than 32 years, Oracle has been a technology innovator,
transforming the way business is conducted. To learn about Oracle's latest
technologies, visit the Innovation Showcase during the 100 days before
Oracle OpenWorld. See oracle.com/innovation for more information.

About Oracle Retail

Oracle is the number one provider of innovative and comprehensive industry
software solutions for retailers -- enabling organisations to serve their
customers better by applying insight into daily business decisions for
more profitable results. With software that provides supply chain,
operations, merchandising, store systems, optimisation as well as
enterprise applications and infrastructure software, Oracle partners with
the world's leading retail companies, including 20 of the 20 top
retailers worldwide, to transform the economics of their businesses.

About Oracle

Oracle (NASDAQ: ORCL) is the world's largest business software company.
For more information about Oracle, please visit our Web site at
http://www.oracle.com.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its
affiliates. Other names may be trademarks of their respective owners.

Contact Info

Kevin Ruane
Oracle
+1.650.506.6610
Email Contact

Beth Axon
JD Marketing
+44.20.8297.5388
Email Contact

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