The following press release from Oracle caught my attention today:
Oracle today announced that leading global retailers who use Oracle(R) Retail solutions outperform their peers with 49.7 percent higher operating profits and 61.5 percent higher return on invested capital. The internally conducted study is based upon publicly available financial data provided by Stratascope Inc. The study population included 258 retailers with annual revenues in excess of $500 million.
Really? Wow! Those Oracle(R) Retail Solutions must be great!
But waitaminute, isn’t it possible that Oracle(R) Retail Solutions are so darn expensive that you have to be a highly profitable retailer to buy them? Ah, once again the difference between correlation and causation rears its head.