Accelerating Innovation in the Retail Industry

Accelerating Innovation

David Dorf

Sr. Director, Tech Strategy

@dordav

Retail Industry Innovation

Innovation

AdoptionStandardization

ARTS provides

early information

and guidance on

emerging

technologies

ARTS provides

standardization to

reduce costs and

increase adoption

Database

XML Schemas

ARTS provides RFPs

Training

Don’t be Don’t be

that guy!that guy!

Whitepapers

Blueprints

Webinars

ARTS provides

education and

outreach to spread

the word

Training

Conferences

Mobile Wallet

Location

Standards Supporting Innovation

...

Retail Transaction Interface

ARTS

Data

Model

ARTS Unified POS

Tax Customer PaymentPricesItems

1. Find sources for ideas and inspiration

• Blogs, Twitter feeds, newsletters, etc.

• Employee idea forums

• Internal science fair

• Vendor innovation week

• ARTS blueprints

Free Advice

• ARTS blueprints

2. Set aside resources to experiment

• Form/acquire a lab

• Dedicated or revolving resources

• Follow idea threads (something better than

nothing)

3. Establish partnerships

• Find opportunities to meet start-ups

• Participate in proof-of-concepts

4. Streamline processes

5. “Non-stupid vs brilliant”

http://blogs.oracle.com/retail/