Oracle Press Release

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

Swedish Retailer to Use Oracle® Retail Applications, Oracle Fusion Middleware and the Oracle E-Business Suite to Help Improve Operational Flexibility and Business Performance

Redwood Shores, CA – October 5, 2009

News Facts

Swedish fashion and home furnishings retailer Indiska has selected a broad suite of Oracle® 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.
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 Björk, 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

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
kevin.ruane@oracle.com

Beth Axon
JD Marketing
+44.20.8297.5388
betha@jdmarketing.co.uk