Oracle announced that SymphonyAI, a leader in predictive and generative enterprise AI SaaS products, is a winner in the 2024 Oracle Partner Awards – Third Party Technology Solutions EMEA Business Impact Category. The Business Impact award showcases partners that have packaged a set of capabilities and best practices to help address customer challenges. Partners considered for this award have built a thriving business in a solution area, specific industry-vertical, or customer segment with Oracle’s portfolio of technology, products, and services.
SymphonyAI products address and overcome retail and CPG’s biggest challenges by harnessing the power of predictive and generative AI for end-to-end connected retail. SymphonyAI delivers innovative products, powered by the SymphonyAI award-winning Eureka platform, for an AI-based supply chain that is shopper-responsive and data-driven. SymphonyAI cloud-based Demand Forecasting AI and supply chain management are delivered on Oracle Cloud Infrastructure (OCI). With the SymphonyAI connected retail supply chain, retailers can gain more accurate AI-based demand forecasting, real-time visibility of shelf conditions throughout the supply chain, and predictive demand and supply alerts to trigger quicker assortment adjustments and eliminate out-of-stocks.
Also Read: ReasonLabs Partners with Virus Bulletin for VB2024
“We are pleased at this recognition from Oracle of the power of our end-to-end supply chain that transforms business impact for retailers across the globe,” said SymphonyAI retail/CPG division President Manish Choudhary. “With SymphonyAI supply chain optimization, retailers can drive up to 10% improved demand forecast accuracy, improve on-shelf availability by 15%, and reduce order time for fresh and packaged products by up to 30%.”
“Delivering connected retail SaaS products on OCI gives our customers the power of cloud flexibility and cost efficiencies for real-time insights and recommendations,” said Kumar Abhimanyu, senior vice president of partnerships for SymphonyAI. “SymphonyAI products combine powerful retail experience and insights with industry-leading AI to meet the needs of retailers and CPGs worldwide.”
The recognition comes amidst accelerating market recognition and a number of awards for SymphonyAI’s innovative predictive and generative AI products across vertical use cases in retail, CPG, finance, manufacturing, media, and enterprise IT service management.
Source: Businesswire
