1. News
May 3, 2018

Veltio receives Oracle Retail’s platinum membership to expand globally

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

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

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
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The new status will allow Veltio to expand its operations into new geographies in Eastern Europe, Latin America and the Middle East.

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.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.