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.

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

2. Retail Industry Innovation

3. Innovation
AdoptionStandardization

4. 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 beDon’t be
that guy!that guy!
Whitepapers
Blueprints
Webinars
ARTS provides
education and
outreach to spread
the word
Training
Conferences

5. Mobile Wallet

6. Location

7. Standards Supporting Innovation

8. ...
Retail Transaction Interface
ARTS
Data
Model
ARTS Unified POS
Tax Customer PaymentPricesItems

9. 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”

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