Retail planning and optimisation consulting firm Veltio has received platinum level membership from Oracle Retail that will expand its business globally.

The new status will allow Veltio to expand its operations into new geographies in Eastern Europe, Latin America and the Middle East.

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Using the platinum status, the retail-consulting firm can increase its business and expertise, reach higher levels of customer retention, as well as create differentiation in the retail marketplace.

In addition, the company can resell all Oracle Technology products and Oracle Applications and Industry Solutions to its clients.

“TIt is a significant milestone towards our global expansion into new geographies in Eastern Europe, Latin America and the Middle East.”

Veltio co-founder and managing partner Costas Malamas said: “As an Oracle Partner for nearly 15 years and now one of the world’s largest Oracle Retail Planning and Optimisation integrator, Veltio is proud to have achieved Platinum Level in OPN.

“It is a significant milestone towards our global expansion into new geographies in Eastern Europe, Latin America and the Middle East.”

Other benefits from the platinum status include access to Oracle account representatives, My Oracle Support updates for all products, discounts on training, limited free assessment and exam vouchers, and discounts on the purchase of Oracle licenses for internal use.

Recently, the company opened a new office in Santiago, Chile, to strengthen its partnership with Oracle Retail in the country.

Oracle Retail vice-president Jeff Warren said: “Solution oriented relationships like Veltio are crucial to the Oracle ecosystem. Veltio’s growth in this environment is a testament to their drive for cutting-edge technology and investment in high-quality people.”

Headquartered in Greece, Veltio offers retail planning and optimisation solutions to retailers in various domains, including grocery, fast fashion and speciality retail.