accelerating innovation in the retail industry

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Accelerating Innovation David Dorf Sr. Director, Tech Strategy @dordav

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How standards, such as those provided by www.nrf-arts.org, can help retailers with innovation. More at https://blogs.oracle.com/retail/entry/standards_accelerate_innovation and https://blogs.oracle.com/retail/entry/five_ways_to_seed_innovation.

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Page 1: Accelerating Innovation in the Retail Industry

Accelerating Innovation

David Dorf

Sr. Director, Tech Strategy

@dordav

Page 2: Accelerating Innovation in the Retail Industry

Retail Industry Innovation

Page 3: Accelerating Innovation in the Retail Industry

Innovation

AdoptionStandardization

Page 4: Accelerating Innovation in the Retail Industry

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

Page 5: Accelerating Innovation in the Retail Industry

Mobile Wallet

Page 6: Accelerating Innovation in the Retail Industry

Location

Page 7: Accelerating Innovation in the Retail Industry

Standards Supporting Innovation

Page 8: Accelerating Innovation in the Retail Industry

...

Retail Transaction Interface

ARTS

Data

Model

ARTS Unified POS

Tax Customer PaymentPricesItems

Page 9: Accelerating Innovation in the Retail Industry

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”

Page 10: Accelerating Innovation in the Retail Industry

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