By Lekha Gupta
Publication Date: 2026-03-31 10:06:00
This development comes as the broader market posted gains on Monday, with the technology sector gaining 1.01%.
Details
Oracle and Oracle NetSuite on Tuesday introduced Oracle NetSuite Restaurant Operations, an AI-powered platform to unify back-office functions for restaurants.
The solution centralizes inventory, procurement, planning and financial data in one system, providing real-time insights and automation to improve efficiency and profitability. It integrates with Oracle Simphony Cloud and other POS systems, providing a unified view of business performance.
The company said the platform helps reduce complexity, automate routine tasks and support faster decision-making.
The solution is expected to launch globally within 12 months and supports more than 110 countries, 190 currencies and 27 languages.
Technical analysis
Oracle is trading 7.4% below its 20-day SMA and 22.9% below its 100-day SMA, keeping the mean trend lower despite the premarket rally.