OceanX Selected as Winner of the 2018 Oracle Cloud Platform Innovation Award for Data Management

Subscription commerce platform provider which utilizes Oracle Cloud for operations joins a prestigious group of tech focused organizations.

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OceanX

Oct 23, 2018, 09:07 ET

EL SEGUNDO, Calif., Oct. 23, 2018 /PRNewswire/ -- OceanX, a subscription commerce platform provider that seamlessly combines e-commerce, fulfillment, customer care and business intelligence to support brands and retailers in the direct-to-consumer membership space, today announced that it was named a winner of the 2018 Oracle Cloud Platform Innovation Award for Data Management. Selection of award winners is based on the uniqueness of their business case, business benefits, complexity and magnitude of implementation, and the originality of architecture in providing cutting edge solutions using Oracle Cloud.

OceanX adopted Oracle Database Exadata Cloud Service and Oracle Cloud Infrastructure for its business intelligence and analytics segment of the subscription commerce solution. Oracle enables OceanX clients to gain real-time access to data surrounding the customer journey, allowing them to receive actionable insights and asses their membership experience. With 24/7 access to subscription performance metrics, brands are able to react to their customer needs faster than ever.

"At OceanX, we have seen first-hand the power of combining our solutions with Oracle Cloud, and so have our clients," said Georg Richter, CEO and Founder of OceanX. "We are honored to work with elite companies like Oracle and to have won this award which validates the value of the product we created."

With innovation through technology at the backbone of both of these companies, OceanX plans to continue to champion Oracle Cloud to create new and improved solutions that add even more value for their clients. The ability to harness consumer data to provide the greatest level of service for customers, especially in the subscription economy, is one of the key factors in determining the winners of the industry.

"We are proud to congratulate our 2018 Innovation Award winners. OceanX represents excellence in using Oracle Database to accelerate cloud transformation and deliver innovative and transformative business results," said Juan Loaiza, Senior Vice President Systems Technology, Oracle. "We look forward to their continued success."

OceanX accepted the award in person at Oracle OpenWorld, Oracle's annual user conference taking place in San Francisco this week. OceanX looks forward to leveraging Oracle's upcoming AI-driven Autonomous Database Management capabilities, which will enable OceanX to make architectural changes with significant savings in overhead, cost, and speed of production deployment.

About OceanX, LLC:
OceanX provides a subscription commerce platform that seamlessly combines e-commerce, fulfillment, customer care and business intelligence to support brands and retailers looking to launch and scale direct-to-consumer subscription programs. The platform is optimized to generate recurring revenue and cultivate lifelong relationships with customers.

OceanX offers brands and retailers a way to deliver unmatched subscription and membership program experiences for its clients and their consumers. Under the direction of Georg Richter, an accomplished direct-to-consumer and subscription industry veteran, OceanX, a spin-off of Guthy-Renker, is a game-changer in the direct-to-consumer subscription retail space. Learn more at https://oceanx.com/.

About Oracle Cloud Infrastructure

Oracle Cloud Infrastructure is the enterprise Infrastructure as a Service (IaaS) platform. Companies of all sizes rely on Oracle Cloud to run enterprise and cloud native applications with mission-critical performance and core-to-edge security. By running both traditional and new workloads on a comprehensive cloud that includes compute, storage, networking, database, and containers, Oracle Cloud Infrastructure dramatically increases operational efficiency and lowers total cost of ownership. For more information, visit https://cloud.oracle.com/iaas.

Media Contact: North 6th Agency for OceanX, [email protected], 212-334-9753

SOURCE OceanX