Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ORACLE CORPORATION

(ORCL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Oracle : Brazil's Cabana Burger Increases Delivery Orders by 400% with Oracle

02/17/2021 | 02:36pm EDT

Fast growing Brazilian restaurant chain, Cabana Burger is using Oracle MICROS Simphony Point-of-Sale (POS) to better serve customers and support its rapid growth. Founded by three friends in 2016, the chain quickly grew to 13 stores with ambitions to grow to over 100 locations in the next four years. Using MICROS Simphony with built-in kitchen display systems (KDS), Cabana Burger has improved its speed of service, reduced waste, and increased overall business efficiencies through real-time restaurant data and analytics.

During the pandemic, Cabana Burger was initially forced to pivot to an all-delivery model. With Oracle's help, the chain streamlined its online ordering process and kitchen operations to reduce delivery time to customers by 10 minutes. This helped increase delivery orders by 400% over the year prior.

'We needed to quickly become a digital-ready restaurant to meet our expansion goals even before the pandemic arose,' said Paulo Bonifácio, founder of Cabana Burger. 'We wanted a solution that was reliable and robust enough to withstand day-to-day operations, which would allow us to understand our customers better, and most importantly allow us to open new sales channels. When COVID-19 hit, we had to accelerate those plans to quickly integrate with delivery providers and to third-party apps. Oracle MICROS Simphony made that possible and helped keep our business going in a very challenging year.'

With 16 new restaurants to be completed in 2021 alone, Cabana Burger needed the flexibility to deploy the restaurant POS system themselves. After working with Oracle to roll out two restaurants, Cabana Burger is now able to manage installations without assistance in any new restaurants they open moving forward.

'We were impressed at how easy it was to deploy the Oracle MICROS Simphony POS in our restaurants,' said Bonifácio. 'Partnerships are the foundation of our business and the Oracle team has become an extension of our team. Together, we are working better than ever.'

With the integration of Oracle MICROS Inventory Management, Cabana Burger is also utilizing real-time insights into their inventory and sales data to better manage inventory to ensure popular menu items are available without superfluous and costly waste.

'Over the past year, digital channels have gone from what was already a priority to the heart of the restaurant business,' said Simon de Montfort Walker, senior vice president and general manager, Oracle Food and Beverage. 'The Cabana Burger team recognized early that they needed to quickly adapt, and with the infrastructure in place for expansion it's no surprise to see their success despite the challenges we all face as an industry.'

Cabana Burger selected Oracle in Q3 FY2020,

Disclaimer

Oracle Corporation published this content on 17 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2021 19:35:06 UTC.


© Publicnow 2021
All news about ORACLE CORPORATION
04/15ORACLE  : SailGP Launches Second Season with Oracle Cloud Technologies that Elev..
PR
04/15ORACLE  : Plans $1.2 Billion Campus in Nashville, Tenn.
MT
04/15ADVERTY  : announces collaboration with Oracle Moat to enhance measurement acros..
AQ
04/14NASHVILLE MAYOR : Oracle to bring 8500 jobs, $1.2B investment
AQ
04/14ORACLE  : Cloud Infrastructure Announces ServiceNow Integration to Improve Multi..
PR
04/13ORACLE  : Nampower Ready for Eskom Shutdown
AQ
04/12ORACLE  : Helps Organizations Enhance the Employee Experience with Oracle : Jour..
PR
04/12ORACLE  : Cloud Infrastructure helps transform Hana Financial Group's 'Hana Memb..
PR
04/09NORWEGIAN CRUISE LINE, NETFLIX, AMAZ : Stocks That Defined the Week
DJ
04/07Supreme Court Decision Affirms Open-Source's Role in Modern Software Developm..
DJ
More news
Financials (USD)
Sales 2021 40 284 M - -
Net income 2021 12 881 M - -
Net Debt 2021 32 374 M - -
P/E ratio 2021 18,9x
Yield 2021 1,31%
Capitalization 228 B 228 B -
EV / Sales 2021 6,45x
EV / Sales 2022 6,38x
Nbr of Employees 135 000
Free-Float 62,4%
Chart ORACLE CORPORATION
Duration : Period :
Oracle Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORACLE CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 30
Average target price 69,45 $
Last Close Price 78,95 $
Spread / Highest target 17,8%
Spread / Average Target -12,0%
Spread / Lowest Target -62,0%
EPS Revisions
Managers and Directors
NameTitle
Safra Ada Catz Chief Executive Officer & Director
Lawrence Joseph Ellison Chairman & Chief Technology Officer
Michael J. Boskin Independent Director
Jeffrey S. Berg Independent Director
Naomi O. Seligman Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ORACLE CORPORATION21.02%227 655
SAP SE8.39%164 220
INTUIT INC.9.93%113 868
SERVICENOW, INC.1.18%109 210
DOCUSIGN, INC.4.90%45 123
CONSTELLATION SOFTWARE INC.14.83%32 177