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It was telling from the first big keynote, that Oracle remains serious about retail. Walgreens, P&G and Dunnhumby were all on stage talking about their use of big data and the cloud in retail.

It was telling from the first big keynote, that Oracle remains serious about retail. Walgreens, P&G and Dunnhumby were all on stage talking about their use of big data and the cloud in retail.

During a keynote at the recent Oracle OpenWorld conference in San Francisco, Tim Theriault, senior VP/CIO of Walgreens, discussed his company's ongoing efforts at IT innovation. Walgreens has been involved in a number of notable recent innovative technology implementations, but column looks at the underlying strategy that helps ensure the success of those rollouts. Here are three takeaways other retailers can glean from Walgreens' innovation strategy...

During a keynote at the recent Oracle OpenWorld conference in San Francisco, Tim Theriault, senior VP/CIO of Walgreens, discussed his company's ongoing efforts at IT innovation. Walgreens has been involved in a number of notable recent innovative technology implementations, but column looks at the underlying strategy that helps ensure the success of those rollouts. Here are three takeaways other retailers can glean from Walgreens' innovation strategy...

"Big data is not big news in retail but we are having to solve problems around the velocity and the variety of data," said Webster. "How do we bring in social interactions and marketing interactions together, to give you a more unified view of the entire customer engagement. We are a mobile world, with 6 billion mobile subscribers."

As Oracle's OpenWorld user conference closes for another year, Computer Weekly reflects on the challenge retailers face in the age of big data

“Organisations need to move from data being this asset that is hidden and processed and managed by one team and make it an asset visible to the entire organisation,” says Yael Cosset, CIO of global customer science company Dunhummby.

TOMS, the socially conscious retailer that donates footwear, eye care, and fresh water based on customer purchases of shoes, sunglasses, or coffee has been on a multi-directional expansion path over the past 18 months. Since its adoption of the Oracle Commerce platform in 2013, the retailer has launched e-commerce sites in the Netherlands, France, and Germany, and then migrated its U.K., U.S., and Canada sites to the new platform in 2014. The impressive total: six sites, four languages, and three different currencies.

Speaking earlier this year from Oracle OpenWorld, Office Depot senior e-commerce analyst Scott Headberg said the retailer upgraded its systems to meet its stringent business requirements, including the need to accommodate unique merchandising rules to ensure that the right product assortments and promotions reach every shopper at OfficeDepot.com