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Oracle Retail 2025 Study Reveals Consumer Attitudes on Disruptive Technologies and Their Impact on Future Retail Experiences

Research Highlights Differing Sentiments on the Role of Automation, Drones, IoT, 3D Printing, Virtual Reality and Wearables in Customer Experience

 

Oracle announced the findings of new research that examines consumer attitudes to new technologies and how their implementation will shape consumer behavior in the years to come. Insights from the Oracle Retail 2025 study highlight that consumers are most willing to engage brands with new technology if they feel that they are in control of their experience.

“Consumers clearly indicated that they have a conservative appetite for retail techologies that requires deep personal data and make decisions on their behalf,” said Mike Webster, senior vice president and general manager at Oracle Retail and Oracle Hospitality. “This signals brands to focus on building a strong foundation to win trust. Warm attitudes toward utilizing virtual reality and receiving recommendations for custom-made accessories produced with 3D printing points to consumers’ willingness to adopt new technologies if they are in control of their experience.”

The Retail 2025 Report results provide a benchmark for where consumers are on the retail technology adoption lifecycle and the impact on retail in the next eight years. The Retail 2025 Report polled 709 consumers in February 2017.


 
Smart Gets Smarter
AI, VR and IoT present the opportunity to better anticipate consumers’ next purchase. However, establishing a strong foundation of trust is critical to success when rolling out new experiences to co


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22 Nov 2017
2018 3PL Study Recap: 3PL-Shipper Relationships & 3PL IT Capabilities
 

Introduction As the speed of supply chain and logistics operations advances to service increasing consumer demand, there is a greater need for real time information visibility and communication between shippers and 3PL providers.  With this said, more shippers and 3PLs report valuing collabo

 
datex
datex

22 Nov 2017
Deloitte survey: Almost nine in ten UK businesses to invest in artificial intelligence by 2020
 

85 per cent of UK organisations plan to invest in artificial intelligence and the internet of things in the next three years; Half of organisations to invest more than £10 million in digital by 2020; Just one in ten executives believe that UK is a world leader in digital; Only 20 per

 
Deloitte
Deloitte

22 Nov 2017
Stranger supply chain things: Capacity planning lessons from Stranger Things
 

  As a teenager in the 80s, it probably comes as no surprise I relate heavily to every cultural reference in Stranger Things. From the hair (I coveted to Steve’s A-Ha inspired coif) to the arcade (DigDug not so much – I would spend my allowance quarter by quarter on Star Ca

 
Mike McAllister, Manager, Influencer Relations
Kinaxis

22 Nov 2017
You’re only as good as the weakest link in the chain
 

Delivering what the customer ordered, on time and in full, is the basic promise that underlies every distributor’s business. It sounds simple, and yet in today’s global economy, managing the network of suppliers is complex. Meeting customer demand for speed is even a greater challenge. &

 
Infor
Infor

17 Nov 2017
Defining networks in Food & Beverage and why they matter
 

  The Food and Beverage industry has had its ups and downs, hits and misses, close calls and grand slam hits out of the ball park. Erratic seems to be an appropriate qualifier, on good days. On the other days, chaotic and confusing may come to mind. How is a food processor able to cope with

 
Infor
Infor


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Last update 2 Nov 2017
Operating conditions improve at quickest rate for nine months
   Source: Markit US Manufacturing PMI ™  -  IHS Markit
United States 

News & Trends
 

Chemicals & Pharmaceuticals

Maximum safety and reliability and reducing the costs for our customers at the same time: we are able to offer the chemical industry an extensive range of chemical logistics services that hardly any other logistics specialist can match. It is our goal to harmonise our services with your specifications in s...


Innovations Enabled by Industrial IoT Accelerate the Shift to Manufacturing 4.0

Manufacturing across the globe is on the threshold of a revolution, with Industrial Internet of Things (Industrial IoT) enabling manufacturers to influence the capacity of objects to communicate with and sense the wor...


Education
 
19
Feb
2018
Advanced Warehouse Management and Inventory Control
     Miami
19
Feb
2018
Supply Chains: Purchase and Suppliers Management
     New York
 5 
Mar
2018
Logistics and Transportation Techniques
     Miami
 5 
Mar
2018
Fleet Planning and Management
     New York
 2 
Apr
2018
Purchasing Techniques, Negotiation and Cost Reduction
     Miami

Local & Regional Agenda
 


Resources
 
Tudor Rose International increases productivity through integrated SCM platform ASSIST4

Tudor Rose International is Europe’s leading export market management company specialising in building brands around the world. In business for nearly 30 years, the innovative company mastered an ambitious IT mo...

Rethinking Supply in Food and Beverage

Global pressures on the food and beverage industry will only increase in coming years. More strategic supplier relationships will ensure you are ready for the changes.Amid rapidly transforming supply-and-demand pressures...


International Agenda