AI-enabled merchandising and supply chain
solutions improve cost savings
and time-to-market for retail and CPG
customers
PALO
ALTO, Calif., Jan. 15,
2023 /PRNewswire/ -- SymphonyAI, a leader in
high-value enterprise AI SaaS for strategic industries, today
announced a collaboration with Oracle (NYSE: ORCL) to offer
SymphonyAI solutions on Oracle Cloud Infrastructure (OCI)
using key services including Oracle Exadata Database Service,
GPU-accelerated compute, and performance monitoring. Starting with
SymphonyAI's retail and CPG vertical solutions, customers can now
transition to the cloud to shorten technology deployment time and
help ensure better real-time services with robust scalability and
reduced costs.
The SymphonyAI Retail CPG vertical provides integrated
AI-powered merchandising, marketing, and supply chain solutions for
retailers and CPG manufacturers. With Oracle's alliance with
NVIDIA, OCI provides GPU-accelerated compute services to support
SymphonyAI's customers' ability to train AI models rapidly to
forecast purchasing trends, making sure every customer's store has
the optimized number of products in the right place on the shelves.
In addition, OCI Application Performance Monitoring provides deep
visibility into the performance of applications and enables
development teams to diagnose issues quickly, helping deliver a
consistent level of service.
"SymphonyAI and Oracle are heavyweights, and they have very
best-of-breed solutions together," said Jeff Main, CIO of Festival Foods. "There's a lot
of value there, including not having to plan on-premises solutions
and staff up with technical specialists. We can both replace legacy
systems and create new systems to help deliver a more efficient,
scalable way to run our growing business without adding overhead to
support additional stores. It's been amazing how simple it's been
to implement this very complex solution."
"SymphonyAI solutions combine in-depth business use case
understanding with AI capabilities to drive real results," said
Kumar Abhimanyu, SVP of strategic partnerships at SymphonyAI. "Our
enterprise AI solutions are tailored to meet the needs of retailers
and CPG manufacturers. Collaborating with Oracle allows us to help
our customers tap the power of cloud flexibility and cost
efficiencies for real-time insights and recommendations."
"Following the global trends in retail and the need for
personalization and scale, SymphonyAI is using cloud technology to
help customers understand right now what is happening in each
channel, spot opportunities, and stay ahead of the competition,"
said Abiy Yeshitla, vice president,
Oracle EMEA Cloud and Technology. "Oracle helps ensure
availability, manageability, and performance, enabling SymphonyAI
to offer best-in-class standards that are crucial in their
industries to deliver to innovation-focused customers."
"Retailers and CPGs continue to face the pressures of supply
chain delays, increased customer demands, and forecasting
uncertainties, all while working to enhance their operations and
find new ways to overcome these hurdles," said Manish Choudhary, SymphonyAI Retail CPG
president and CEO. "This collaboration with Oracle provides
customers with a reliable, secure solution that can scale with
their fluctuating needs. Combined with the industry-specific
AI-driven insights and recommendations that we provide, customers
are equipped with all the resources they need to remain competitive
and forward-looking."
About SymphonyAI
SymphonyAI is building the leading enterprise AI SaaS company
for digital transformation across the most critical and resilient
growth verticals, including retail, consumer packaged goods,
finance, manufacturing, media, and IT/enterprise service
management. SymphonyAI verticals have many leading enterprises as
clients. Since its founding in 2017, SymphonyAI has grown rapidly
to 3,000 talented leaders, data scientists, and other
professionals. SymphonyAI is an SAIGroup company, backed by a
$1 billion commitment from Dr.
Romesh Wadhwani, a successful
entrepreneur and philanthropist.
Contact: Chris Gale at
Chris@GaleStrategies.com
View original
content:https://www.prnewswire.com/news-releases/retailers-embrace-ai-transition-to-the-cloud-with-symphonyai-and-oracle-301721882.html
SOURCE SymphonyAI