EPAM Systems, Inc. : M.Video Selects Oracle Commerce Solutions to Support
Growth and Develop a Complete Customer Experience
Large Russian Consumer Electronics Retailer Will Use Oracle to Engage
Customers at Every Touch Point
Newtown,PA - March14,2013 - M.Video, a leading Russian consumer electronics
retailer, has selected Oracle Commerce solutions to support growth by helping
to deliver a consistent and dynamic customer experience across its web, call
center, mobile and social channels, along with its more than 280 stores in
more than 120 cities.
The first and only publicly traded company in its sector, M.Video offers over
20,000 audio/video, digital, small and large home appliances, media and
entertainment products as well as accessories, and is well known for its
outstanding customer service.
Following a full and competitive evaluation, M.Video identified Oracle
Commerce, including Oracle ATG Web Commerce, Oracle Web Commerce Service
Center and Oracle Endeca solutions, as the integrated, scalable platform to
support all consumer touch points and facilitate a complete cross-channel
The implementation will replace M.Video's legacy system which lacks the
flexibility to meet the changing needs of its customers and engage more
effectively through recommendations, promotions and search.
Implementation of the Oracle Commerce solutions is underway with Gold-level
Oracle PartnerNetwork (OPN) members, EPAM and Spindrift providing business
consultancy, integration and development.
"The experience we deliver to our customers is key to our success," said Chris
Mangham, CIO, M.Video. "Oracle Commerce will help us to engage more
effectively with our customers at whichever touch point they use and deliver
that superior and consistent experience that increases loyalty and customer
satisfaction, and supports growth."
"Customers expect each interaction to be personalized, relevant and
consistent," said Mike Webster, senior vice president and general manager,
Oracle Retail. "Oracle Commerce will enable M.Video to maximize interactions
with customers at every opportunity and optimize the benefits to both
customers and the business."
About Oracle Retail
Oracle provides retailers with a complete, open and integrated suite of
business applications, server and storage solutions that are engineered to
work together to optimize every aspect of their business. 20 of the top 20
retailers worldwide - including fashion, hardlines, grocery and specialty
retailers - use Oracle solutions to drive performance, deliver critical
insights and fuel growth across traditional, mobile and commerce channels.For
more information, visit our Web site at http://www.oracle.com/goto/retail
About Oracle in Industries
Oracle industry solutions leverage the company's best-in-class portfolio of
products to address complex business processes relevant to retail, helping
speed time to market, reduce costs, and gain a competitive edge.
Oracle engineers hardware and software to work together in the cloud and in
your data center. For more information about Oracle (NASDAQ:ORCL), visit
Oracle and Java are registered trademarks of Oracle and/or its affiliates.
Other names may be trademarks of their respective owners.
About EPAM Systems
Established in 1993, EPAM Systems (NYSE:EPAM) provides complex
softwareengineering solutionsthroughits award-winning Central and Eastern
European service delivery platform. Headquartered in the United States, EPAM
employsapproximately 8,500 IT professionals and serves clients worldwide from
its locations in the United States, Canada, UK, Switzerland, Germany, Sweden,
Belarus, Hungary, Russia, Ukraine, Kazakhstan, and Poland.
EPAM is recognized among the top companies in IAOP's "The 2012 Global
Outsourcing 100," featuring EPAM in a variety of sub-lists, including
"Leaders-Companies in Eastern Europe." The company is also ranked among the
best global service providers on "The 2012 Global Services 100" by Global
Services Magazine and Neogroup, which names EPAM in "Leaders-Global Product
For more information, please visit www.epam.com.
This press release includes statements which may constitute forward-looking
statements made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, the accuracy of which are
necessarily subject to risks, uncertainties, and assumptions as to future
events that may not prove to be accurate. Factors that could cause actual
results to differ materially from those expressed or implied include general
economic conditions and the factors discussed in our most recent Annual Report
on Form 10-K and other filings with the Securities and Exchange Commission.
EPAM undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events, or
otherwise, except as may be required under applicable securities law.
This announcement is distributed by Thomson Reuters on behalf of Thomson
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.
Source: EPAM Systems, Inc. via Thomson Reuters ONE
Press spacebar to pause and continue. Press esc to stop.