We are proud to be sponsoring this year’s Oracle Retail Industry Forum in Budapest. Register now to join us and learn more about how we are empowering our customers to rise above the competition.

ORIF is a 1.5-day executive event, exclusively designed for the European retail community to share insights and successes. This unique executive-level event attracts more than 150 retailers each year, providing retailers with a forum to hear from top brands on how they are solving real-world challenges and to interact with experts and thought leaders. The program is thoughtfully designed and delivered for retailers, by retailers and features adequate time for learning, networking and fun.

Fill out the Contact Form here to book a meeting with us in Budapest for a chance to discuss with our retail experts.

Podruzhka Brings Strategic Pricing Approach to Russian Drugstore Market

Specialty Retailer Creates Market Agility with Oracle Retail Solutions and Veltio Integration

Redwood Shores, Calif.—Aug 28, 2018

Specialty retailer Podruzhka has deployed Oracle Retail Planning and Optimization to engage and grow a loyal customer base with competitive pricing. With the help of Oracle Partner Network Platinum Partner Veltio, Podruzhka streamlined a pricing process that offered automation, best practices and flexibility to respond to the market demand with Oracle Retail solutions.  Podruzhka had previously implemented Oracle Retail Demand Forecasting and Veltio Allocation and Execution solutions which led the retailer to further their investment as they sought to improve the accuracy and agility of their pricing strategy.

Podruzhka is uniquely positioned within the Russian drugstore market with 210 stores catered to providing women with inexpensive personal care products, cosmetics, perfumes, jewelry, accessories and cleaning products. Each Podruzhka store carries up to 15,000 SKUs within a compact 140-180 square meter footprint in residential areas, establishing the drugstore as a local staple.

“In the Oracle Retail 4-Dimensions of Retail research, we discovered that 84% of global consumers say that competitive pricing and promotions first and foremost are the most important aspect of their shopping experience,” said Chris James, Vice President EMEA, Oracle Retail. “In Russia, market conditions can change quickly and with Oracle Retail Podruzhka has created ability to manage multiple price zones that appeal to the consumer in the moment of intent.”

“With our responsive pricing approach, we hope to increase customer loyalty through competitive pricing and selling opportunities while respecting the financial targets of the company,” said Alexander Golubev, IT Director, Podruzhka. “Oracle Retail provided us with an industry rich solution with flexibility and scale. Veltio delivered the implementation on-time and on-budget with a deep understanding our business needs.”

“This project was a great milestone for Veltio in the Russian market by highlighting the opportunity of Oracle Retail solutions in regional context. Local market conditions and the crash of the ruble forced Russian retailers to start thinking more about the efficiencies offered by advanced pricing, assortment and supply chain management,” said Kostya Prays, EMEA Business Development Director, Veltio. “We are happy to help retailers like Podruzhka leverage this technology to find a competitive advantage.”

About Oracle Retail

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at


Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owner.


We are proud to be participating in the 83rd Thessaloniki International Fair and representing American innovation and  technology in Greece. If you would like to meet us, you can contact us here.

Please briefly describe the purpose of contacting us — whether you’re interested in our retail analytics and consulting services, or would like to discuss career opportunities at Veltio, we are happy to schedule a meeting at your convenience.

Russian Retail Week is around the corner! Don’t miss our discussion on Price Automation with Veltio clients “Podruzhka”  and O’KEY group  on June 7th!

We are excited to announce that we have been nominated for the Retail Week Award of  “IT Project of the Year” for our work with Podruzhka and O’KEY. We would like to thank our incredible teams and customers who continue to inspire us to bring customized innovation and consulting to retailers around the world.

To connect email us at  See the full event schedule here. 



Mejorar la planificación y eficiencia en la cadena de suministro y al mismo tiempo la experiencia del cliente en la tienda a través de la modernización del POS (punto de servicio).

Únase a nosotros durante este almuerzo especial en Chile, donde Bata compartirá su enfoque innovador y su camino hacia el omnicanal.

Conozca detalles del proyecto, desafios y soluciones, socios relevantes que apoyan el proyecto, estructura de gobernanza, resultados y recomendaciones.

Exclusivo para minoristas.

¡Regístrese y participe! Martes – 08 de mayo de 2018.

Welcome to the Oracle Retail and Veltio  Faster Fashion Conference in UAE. This event will focus on topics of Assortment Planning and Allocation, including Oracle Retail Planning & Optimization workshops, guest speaker presentations and constructive Q&A sessions.
Throughout this meeting, we encourage open debate and a healthy exchange between peers, led by selected retail experts including Oracle Retail EMEA Sales Consulting Director, Matt Hampton and Costas Malamas, Managing Partner at Veltio.
To inquire about Veltio workshops and events, contact 

Global Partner Expands into Eastern Europe, Latin America and the Middle East

Oracle today announced that Veltio, a market leader in retail planning and optimization consulting, has achieved Platinum level member status in the Oracle PartnerNetwork (OPN).  By attaining Platinum level membership, Oracle has recognized Veltio for its commitment to excellence in delivering complex planning, supply chain and optimization solutions on Oracle Retail Predictive Application Server (RPAS) and for uniquely addressing the challenges of joint customers both on premises and in the cloud.

Veltio’s clients represent a wide range of retail companies, from tier-1 multinational corporations to smaller, privately held companies and across verticals including grocery, fast fashion and specialty retailers globally.  Veltio, one of the largest dedicated Oracle RPAS integrators worldwide, has recently opened a new office in Santiago, Chile, to further Oracle and Veltio’s success in the region. The combined growth and expansion naturally led to Oracle and Veltio strengthening their collaboration.

“As an Oracle Partner for nearly 15 years and now one of the world’s largest Oracle Retail Planning and Optimization integrator, Veltio is proud to have achieved Platinum Level in OPN,” said Costas Malamas, Co-founder and Managing Partner of Veltio. “It is a significant milestone towards our global expansion into new geographies in Eastern EuropeLatin America and the Middle East.”

“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,” said Jeff Warren, Vice President, Oracle Retail.

With its Platinum status, Veltio receives the benefit of developing specializations that will allow them to grow their business, increase their expertise, reach higher levels of customer retention, and create differentiation in the marketplace. Platinum members also become eligible to resell all Oracle Technology products and can apply to resell Oracle Applications and Industry Solutions. In addition, they receive access to Oracle account representatives and My Oracle Support updates for all products, discounts on training, limited free assessment/exam vouchers, reduced rates on the purchase of Oracle licenses for internal use, discounts on advances customer services and more.

For more information about the benefits of becoming an OPN Platinum level partner, please visit:

About Veltio 
In 2004, Veltio was founded by a team of highly respected retail and technology specialists who were intimately involved in the development and implementation of the Oracle Retail Planning and Optimization suite of products. This core group of leaders drives the ethos and direction of the business and is supported by an experienced pool of business consultants, technical specialists and scientists based in North AmericaLatin AmericaEurope and Russia. No matter who we work with, all our customers benefit from Veltio’s truly incomparable perspective on retail planning and optimization, as well as a passion for continuous innovation in retail technology.

About Oracle Retail:

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit:


Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.


Related Links

 Partner Veltio Parlays Data Science and Oracle Demand Forecasting to Automate Manual Inventory Fulfillment Process

Today, Oracle announced that O’STIN has deployed Oracle Retail Demand Forecasting, Oracle Retail Planning & Optimization and Veltio APX Supply Chain Planning to create a product replenishment program that proactively anticipates customer demand. With the Oracle Retail and Veltio integration O’STIN sought to improve the effectiveness of inventory fulfillment across 700 stores throughout Russia to better meet customer demand while protecting profitability. Veltio, an Oracle Partner Network Platinum Partner, drove the implementation resulting in a more accurate planning process that can anticipate consumer demand.

“Disparate silos of customer information, store and product performance prevent retailers from having accurate inventory forecasts,” said Chris James, Vice President, Oracle Retail. “Without this holistic perspective brands risk significant decreased margins by having to continually discount inventory to make room for new seasonal merchandise.”

Prior to the upgrade, O’STIN merchants personally managed a 90,000 line product matrix that included the store, style and color. O’STIN management would manually calculate stock levels for each SKU at every store for the previous four weeks, magnifying a scalability problem as the brand operated at the speed of fast fashion.

“The most effective stock level decisions are based on product performance and stock position. The combined Oracle Retail Planning & Optimization complemented by Veltio APX empowers our planning team to better forecast consumer demand and increase their productivity through automation and exception-based reporting. Now we can rely on data science to predict and automate replenishment based on future sales forecasts,” said Prosvirnin Nikolay, Head of Allocation and Replenishment teams, O’STIN.

“By tuning the high-level replenishment parameters, we optimized inventory to hold the right amount of safety stock to meet consumer expectations and manage the end of season inventory,” said Grechin Sergey, Assortment and Planning Director, O’STIN. “In 18 months, we have rolled out the solution to all stores in RussiaBelorussia and Kazakhstan with Veltio.”

“With the ability to directly integrate with Oracle solutions like Oracle Retail Assortment Planning and Oracle Retail Demand Forecasting in a single deployment, Veltio provides clients like O’STIN with an easy-to-use tool that offers increased automation to help predict product lifecycles, size and store split, and initial allocation quantities to feed the supply chain,” said Costas Malamas, Managing Partner, Veltio.

Implementation Benefits:

  • Oracle Retail’s Planning and Optimization suite empowers planning teams to combine disparate data sources, including performance, market, and vendor, and leverage retail science to drive intelligent and localized assortments without the increased overhead of full-time data scientists.
  • Oracle Retail Demand Forecasting allows retailers to centralize demand forecasts for their omnichannel enterprise — from operations and vendor collaboration to planning and optimization to marketing and insights — accurately and efficiently.
  • Veltio APX Supply Chain Planning is a set of Oracle Retail Predictive Application Server components developed that provide advanced allocation, replenishment and execution functionality. Exclusive to Veltio, this cutting-edge retail science can allocate stock to stores using simple or complex packs while optimizing ROI. Veltio APX calculates order quantities at multiple tiers of the supply chain and can create purchase orders at all tiers to be executed by downstream systems.

About O’STIN

O’STIN is European fashion apparel brand, offering products for women, men and kids. O’STIN operates more than 700 stores in Eastern EuropeRussia and Asia. O’STIN is a vertically integrated business that controls the whole value chain across product design production and retail sales. This allows us to assure high product quality at reasonable prices and to keep a direct communication with our customers. For more information about O’STIN, please visit

About Oracle Retail:

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at


Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.


Veltio is sponsoring Oracle Industry Connect in New York, USA on April 10-11.  Connect with us

at this two-day conference where the Oracle Retail community joins together to share best practices, experiences and to gain valuable insight.

For more information and registration, please see the OIC event’s website.

Visit our booth in the Connect Zone, hear about real Success Stories from our clients, and join the conversation at our Round Table Discussion! 

Veltio Open Day


Calling all ambitious graduates, experienced professionals, restless achievers, creative problem solvers and critical thinkers.

Physicist, mathematician, electrical engineer, biologist, data scientist, chemist, software engineer, data analyst, IT consultant, programmer. 

If you are seeking a new challenge, inspiring work environment and fascinating travel opportunities, join our Open Day recruiting event to interview and have the chance to receive a same-day job offer. At Veltio, we believe in working smarter, growing faster, and becoming better. We do so by building teams of people who help each other excel, who value collaboration and enjoy the work they do.

Exceed your personal best, start your journey to better now. Sign up for our Open Day here.

UPDATE: Registrations for our Veltio Open Day 22/02/18 event have closed. As Veltio is constantly growing and investing in our human resources, we welcome you to upload your CV and complete the following registration form, that way we will have your information on file for future hiring initiatives.

Veltio at NRF 2018

Retail’s Big Show is a marketplace for ideas and relationships. A chance to forge new partnerships, try out best-in-class experiences, and learn from some of the biggest players transforming retail today. An event guaranteed to drive impact.

To learn more about how Veltio can launch your company into the future schedule a meeting here.


On Thursday November 9th, Oracle Retail and Veltio will host a day-long workshop in Moscow focusing on the latest Retail Planning and Optimization solutions based on the industry’s #1 platform, Oracle RPAS.  During the event, Oracle and Veltio experts will discuss the latest advances for retail planning, pricing and supply chain and will explain how retailers can benefit directly with streamlined operations and increased margins.

The event will take place at the Four Seasons Moscow hotel, a five-minute walk to Moscow’s famous Red Square. We are expecting 30+ retailers to attend from a number of Russia’s largest retail companies including Sportmaster, Rive Gauche, Megafon Retail, OKEY, Podruzhka, Ostin and others.

During the workshop you will see best-of-breed solutions for fashion, grocery and hard lines:

  • Advanced Assortment Planning
  • Merchandise-Financial Planning
  • Automated Demand Forecasting
  • Automated Supply Chain Planning
  • Automated Price Management and Price Optimization
  • Promo Planning and Optimization

Several existing Oracle customers will attend the workshop. Use your chance to meet and talk to them!

We look forward to seeing you there! See the detailed Agenda.

If you have any questions please send to

We were thankful, and yes a bit proud, to hear Pavel Smirnov, Commercial Director and co-owner of Taber Trade / Drugstore Retail Chain “Podruzhka” share the results of our implementation of Oracle Retail Demand Forecasting and our own Veltio APX Supply Chain Planning with the audience of Russia Retail Week 2017.

Podruska Process Automation Results RRW 2017


Veltio_Russian Retail Week

Opening day for the Russian Retail week and we are proud to announce that our Russian client Podruzhka represented by Pavel Smirnov, co-founder and Commercial Director of Taber Trade will host a session on the automation of the Supply Chain Management process at Podruzhka. He will share with the audience the lessons learned and the business benefits that Podruzhka realized with the project

Russian Retail Week_Veltio_1

Мы гордимся тем, что являемся Официальным партнёром сессии по ИТ-сектору на «Неделе Российского Ритейла» в этом году, крупномасштабном отраслевом мероприятии, организованным Министерством промышленности и торговли Российской Федерации и Российской Ассоциацией экспертов рынка ритейла. Встреча Бизнеса для обсуждения текущей ситуации розничной торговли в России и в мире, обмена опытом между региональными, крупнейшими федеральными российскими розничными сетями, и крупнейшими российскими и международными ИТ организациями и поставщиками услуг. Не пропустите | 6-8 июня 

Russian Retail Week

Russian Retail Week_Veltio
Proud to be an Official session partner for the IT sector, of this year’s Russian Retail Week, a large-scale industry event co-organized by The Ministry of Industry & Trade of the Russian Federation and the The Russian Retail Market Experts Association. Α business meet-up to discuss the current situation and trends in the Russian retail trade and world trends, analyze and share business experiences between regional retailers, the largest Russian and international IT organizations and international suppliers. Save the Date | 6-8 of June


TechSaloniki #2



TechSaloniki-fb cover

We are excited to announce the come back of “TechSaloniki”, a 2 day event which aims to give the chance to more than 1200 young and experienced professionals to meet up with the major tech companies in the industry, socialize, expand their network & communicate their skills & expertise via an interactive & social event. This time TechSaloniki will take place at the “Royal Theatre” in 13-14 of May. The participants will have the chance to test their soft skills through 5 different and innovative personality tests including Leadership tests, Risk management tests and more.

Veltio is  co-organizing the event and we are looking forward to meet with all the motivated people who are looking for an exciting and promising career within our company.

Register now :

See you all there!





Proud mentors of the 2nd “Serres Hackathon” a 2 day mentoring event which aimed to activate the tech- community in Serres, to create web applications, mobile phones and other technologies (eg Internet of Things, collaboration spaces, public space, etc.) which will eventually improve the everyday city’s life by providing residents , visitors and businesses new, innovative services, aiming at promoting growth, entrepreneurship and innovation.


We are proud to be a part of a really interesting article in the Greek on-line business portal , where we had the opportunity to talk about the globalization of our services and on how we actually get involved in international markets while our clients represent many of the world’s best and biggest retailers.

Read the whole interview here 


Veltio proudly supports education in the tech field around Thessaloniki.
As part of our commitment to education, every year we support the ” University Of Macedonia” career fair and all the promising students and graduates who are seeking for innovative opportunities for personal and professional growth.
Looking forward to seeing you at this year’s “Success Loading” career fair and discuss together about your Veltio career opportunities.

Mindspace Challenge

On Saturday, April 8th Veltio team participated as a proud mentor in the “Mindspace Challenge”, an event with an overall goal to educate students with the necessary skills of tech entrepreneurship and actively help them to get their ideas up to the point they can launch. Ambitious students filled with passion and ideas came together with Veltio consultants  and created a viable and competitive business concept. We are really proud for being a part of the development of their future businesses and we would like to thank them all for sharing their innovative ideas with us.

On Saturday, April 8th Veltio team participated as a proud mentor in “Match + Develop a Startup” at OK!Thess -were “Old” startups  had the chance to share their expertise with the new ones passing on their experiences. Seminars, networking and crowd fun all in one innovative event co organised by the National Bank of Greece, the Aristotle University of Thessaloniki and OK!Thess.


Are you a Greek experienced professional working abroad or a new graduate looking for an exciting and fulfilling career in Thessaloniki?
Then there’s never been a better time to work in Greece.
In Veltio we strongly believe that a company’s most valuable asset is its employees.
Whether you’d like to use your programming talents as a developer, learn about state-of-the-art retail technologies, or test your wider skills by joining our consulting team working with multi-billion-dollar retail corporations than send us your CV and discover what’s possible.



IHU-VELTIOIHU is organizing its 7th Career Fair which will take place on Friday, March 17th. Veltio will be there providing all IHU students and alumni with the opportunity to meet face-to-face with our Human Resources Manager and our Recruiter to discuss internships, as well as full-time employment opportunities.  Let’s explore together your career opportunities in Veltio. See you all there.

Veltio-OIC 2017-Sponsor-1

Veltio is a proud bronze sponsor of the #oracleIC17 . For the fourth time, Oracle is hosting its exclusive, executive-level Industry Connect event in Orlando, Florida. From March 20-22, business leaders and subject matter experts will share industry-specific strategies for organizational transformation and success. 

Join us at the Oracle Industry Connect 2017 and let us intoduce you to our dedicated Retail Planning and Optimization consulting practice and on how we deliver truly integrated solutions on time and on budget with Oracle RPAS.


As part of our commitment to education, every year we support the “ACT Career Week” and all the promising students and graduates who want to expand their knowledge and grow their professional skills in a positive corporate environment like ours. We would like to thank all the candidates who booked their interviews with us and discussed together about their Veltio career opportunities.


Veltio  has been named Vendor of Choice to implement Oracle’s Retail Demand Forecasting (Oracle RDF) and Veltio’s Allocation & Replenishment (Veltio APX) solution at Farmacorp S.A, the largest pharmacy retailer in Bolivia. Farmacorp’s consumer offering ranges between pharmacy, personal health & beauty care, wellness and convenience.

Veltio, a Gold-level member of the Oracle Partner Network, will install and tune both Oracle RDF and Veltio APX solutions for Farmacorp. Their project goal is to increase their customer satisfaction by optimizing their full supply chain sales and inventory. Veltio will help achieve Farmacorp’s vision by helping them create an optimal forecast which will balance customer demand and increasing product turns while enhancing Farmacorp’s planning team productivity.

Farmacorp has been in business for nearly 80 years and has enjoyed aggressive growth in the 2000’s. This expansion is due in large part to their increased footprint in Bolivia. All told, Farmacorp operates over 70 locations in cities throughout Bolivia and is known as one of the most respected retailers in the region. “This new project demonstrates Veltio’s continued commitment to provide robust solutions for mid-tier retailers throughout Latin America”, states Joe Martin, Veltio’s Vice President of Strategic Consulting. Farmacorp chose Veltio for their team’s ability to leverage Oracle science to forecast optimal sales and inventory, to automate retail planning processes, and scale to meet their future growth plans.

Veltio continues create innovative solutions for emerging markets like Bolivia. Other new solution examples are Rules-Based Price Automation and Optimization (Veltio PAO) and New Product Forecasting (Veltio NPF), both developed on the Oracle RPAS platform.

About Veltio

Veltio is the leading consultancy in the design, implementation, and tuning of Oracle Retail Planning & Optimization solutions. Their global implementations in planning, supply chain, & optimization solve complex problems simply and efficiently. Since its inception in 2004 Veltio has been providing rapid results through their in-depth expertise, proven innovation and solid best practices.

About Farmacorp S.A

Farmacorp, the largest chain of pharmacies in Bolivia, started its business nearly 80 years ago, with a small pharmacy in the city of Santa Cruz de la Sierra. Since then they continuously improve in order to provide all Bolivian families with the best products, which is still their motivation.

Farmacorp is recognized as one of the most powerful brands in the health sector, in several cities in Bolivia, including Cochabamba, La Paz, Tarija, Oruro, Sucre, Trinadad, Warnes, Montero and Santa Cruz de la Sierra. and one of the most well-known companies in the country.

For more information about Farmacorp please visit their website:


With more than 510 exhibitors NRF Retail’s BIG Show attendees span the entire retail universe and has become the meeting place for the global Retailer industry. Veltio, the global market leader for the Oracle Retail Planning platform, is attending #nrf17 and we will be more than happy to meet you during the event and discuss your business challenges and goals. This is an opportunity you cannot miss!  Save the date~15-17 January                                                                                                                                                         Book your meeting now


Voxxed Days

VELTIO supports all major tech communities in Greece. On the 21st of October, VELTIO sponsors VOXXED Days a series of tech events organised by local community groups and supported by the Voxxed team. Sharing the Devoxx philosophy that content comes first, these events see both internationally renowned and local speakers converge at a wide range of locations around the world.
Topics covered at Voxxed Days fall under the same radar as, including: Server Side Java, Java Language, Cloud and Big Data, Web & HTML, Mobile, Programming Languages, Architecture & Security, Methodology, Culture and Future Technologies.


We are pleased to announce the successful completion of the 1st “TechSaloniki”. Veltio co-organized, supported and gave life to the 1st Tech event in northern Greece. TechSaloniki gave the chance to more than 1000 young and experienced tech professionals to meet up with the major tech companies in the industry, socialize, expand their network & communicate their skills & expertise via an interactive & social event. Multiple workshops attracted the interest of all attendees, spread knowledge and provided the necessary interaction with the academic institutions. Until we meet again enjoy the photos.

It was with pleasure that we accepted to sponsor the 9th International Conference on Artificial Intelligence held in Thessaloniki Greece from 18 to 20 May 2016. It was an exceptionally organized event that hosted renowned keynote speakers from distinguished academic institutions from Greece and aboard. The conference is an established prominent forum for International Artificial Intelligence scientists who are eager to present original and high-quality research on emergent topics.

Among the most important invited speakers were Pr. Angelo Cangelosi – Professor of Artificial Intelligence and Cognition and Director of the Centre for Robotics and Neural Systems at Plymouth University (UK) – and Pr. Johannes Fürnkranz – Professor of Knowledge Engineering at TU Darmstadt. The aforementioned academics presented their most recent research in the sessions entitled “Developmental Robotics for Embodied Language Learning” and “On the understandability of rule learning” respectively.

Interactive workshops were also conducted with the most important of them focusing on “AI and the Internet of Things” and “AI for the Smart Grid”.

On Tuesday May 5th Veltio joined forces with Oracle Retail to deliver a half day conference in Moscow focused on helping retailers understand and meet the challenges of supply chain automation. The event was held at the Ararat Park Hyatt hotel, close to Moscow’s famous Red Square, and was attended by a number of Russia’s largest retailers including X5, Alkor (Letual), MVideo and Podruzhka, one of the keynote speakers.

Participants were treated to a number of detailed case studies all drawn from past Veltio/Oracle collaborations with retailers across the globe, examining the methodology used to deliver complex supply chain transformation projects, highlighting best practice approaches, and illustrating the typical ROI a retailer might expect from such implementations.

The conference provided an opportunity for Veltio to showcase the latest release of MAX, our next generation integrated planning and forecasting solutions, built on the Oracle RPAS platform, specifically designed to service the grocery and fashion retail markets.

To conclude, Oracle Retail presented a view of their product development strategy and roadmap for the future.


Crisis? What Crisis? Following Veltio’s initiatives The Aristotle University of Thessaloniki along with other fast-growing local companies are holding a day-long career fair on Thursday, February 18th.

We expect at least 100 attendees to the event and a long list of candidates to participate in the interviews session.

What Crisis ?

Veltio is seeking a Principal Consultant to join our Oracle Planning and Supply Chain practice. The role requires consulting leadership experience, a deep understanding of retail, and retail planning process and methodologies. Candidates should demonstrate the ability to work across business and technical teams and across multiple retail segments (e.g., fashion, grocery, telecom). This opportunity is virtually based.

To apply e-mail us your CV to


  • Work closely with senior management to update strategies for meeting retailer needs using Oracle Retail applications
  • Assist in the development of proposals to prospects currently expressing an interest in Veltio services
  • Oversee the creation of software demonstrations and other materials required to support the sales process
  • Attend pre-sales meetings and discovery sessions as needed
  • Other duties as directed



  • 10+ years of experience in retail operations and/or consulting
  • Excellent written and verbal communication skills
  • Excellent project management and organizational skills
  • Strong interpersonal, teamwork, and negotiation skills
  • Ability to travel worldwide as the job requires


  • 5+ years of experience in assortment planning and/or merchandise financial planning operations and/or consulting
  • Familiarity with the Oracle Retail Predictive Application Server (RPAS) application suite
  • Strong understanding of the strengths of retail planning and supply chain applications


To qualify, applicants must be legally authorized to work in the United States and should not require now, or in the future, sponsorship for employment visa status.

Supporting Rapid Growth Worldwide, Forever 21 Uses Oracle to Streamline Planning and to Help Ensure Selections Delight Customers

REDWOOD SHORES, CA, Jan 29, 2015 (Marketwired via COMTEX) — Oracle

Ever-changing styles and an array of colors, sizes and accessories challenge fashion retailers to anticipate consumer response and ensure the right mix is available online and in stores as each season unfolds. Taking advantage of advanced optimization technology from Oracle, popular fashion retailer Forever 21 is using Oracle Retail Merchandise Planning and Optimization solutions to predict demand and align assortments to meet customer expectations.

Read full article

Linking Two Firms Known for Retail Software Delivery Excellence

In an agreement that will link two best-in-class service providers, BTM Global Consulting LLC and Veltio LLC have concluded a strategic alliance to deliver complete end to end solutions for Oracle Retail customers. Both companies have long experience implementing Oracle Retail products, and this synergistic alliance will provide retailers a global, one-stop shop for their Oracle Retail needs.

Read full article