The Open Retail Initiative (ORI) is a collaborative effort by Intel and top technology companies who believe that open accessible solutions will accelerate iteration, flexibility, and innovation at scale.
Petrosoft has joined Intel among other industries leaders as Canonical (Ubuntu), Dell, Envirosell, HP, JD.com, JDA, Retail Next, SAS, Shekel Brainweigh, SUSE, Toshiba Global Commerce Solutions, Verifone, Videonetics, and others.
Today’s retail environment is complex. Competitive pressure to deliver value and innovative service models that keep shoppers loyal are compounded by the lack of interoperability of the retail ecosystem. The design and deployment of data-driven experiences across multiple components—devices, operating systems, networks, application frameworks, communication protocols—challenges businesses of all sizes. Furthermore, the era of digital transformation is ushering in new technologies that are in early stages of forming unified standards, creating a need for a common open framework to enable an ecosystem of inter-changeable components with ease and speed.
A Retail Focused Open Source Initiative
The Open Retail Initiative is a retail-focused Open Source initiative. Through this effort, retail thought leaders will solve some of retail’s biggest challenges focused on:
Maximizing business value from accessible in-store data across components of the ecosystem.
Accelerating solution development through suggested applications for developing retail use cases using a variety of ecosystem components, or “ingredients”.
Driving down overall technology costs improving ROI through the deployment of systems that are modular, multi-purpose and interoperable—enabling accessibility, flexibility, and scale.
Leveraging the experience from EdgeX Foundry, other open source code, standards efforts, and commercial offerings allows participants the ability to engage in the ORI through an Intel coordinated Commerce Project that is associated with EdgeX Foundry.
Petrosoft’s true-cloud platform and partnerships provide innovative business solutions for the retail and downstream petroleum industries. Beginning in 2002, Petrosoft transformed the convenience store industry when its founder, a retail operator and engineer, introduced C-Store Office®, its cloud-based back-office software solution. Today, the company designs, develops, and markets end-to-end SME retail technology, enabling a seamless connection between manufacturers, suppliers, sites, back-office, and enterprise systems. The company continually strives to find innovative ways to enable retail operators to manage their forecourt, in-store and back-office operations. The company supports its product line from its headquarters in Pittsburgh, PA. Find out more at www.petrosoftinc.com.