Oracle sets a new benchmark in enterprise AI with the introduction of cutting-edge generative AI capabilities within the Oracle Fusion Cloud Applications Suite. These advancements are poised to revolutionize decision-making processes and elevate both employee and customer experiences, reaffirming Oracle’s commitment to delivering innovation that propels businesses forward.
Empowering Decision-Making with Generative AI
Today’s announcement marks a significant milestone as Oracle unveils an array of generative AI capabilities seamlessly integrated into existing business workflows across various domains including finance, supply chain, HR, sales, marketing, and service. This expansion signifies Oracle’s dedication to empowering organizations with actionable insights derived from advanced AI algorithms.
“We are committed to delivering innovation that matters to our customers, and the combination of OCI, Fusion Applications, and the thousands of customers that use these applications daily enables us to continually improve our services and deliver best-in-class AI,” said Steve Miranda, Executive Vice President of Applications Development, Oracle.
Unveiling Over 50 Embedded Generative AI Use Cases
Oracle’s Fusion Applications now boast over 50 embedded generative AI use cases, all built on the robust foundation of Oracle Cloud Infrastructure (OCI). These enhancements are meticulously designed to enhance productivity, reduce costs, expand insights, and ultimately enhance both employee and customer experiences across various business functions.
Enhanced Capabilities Across Fusion Cloud Applications
Finance (ERP): Insight narratives, management reporting narratives, predictive forecast explanations, project program status summary generation, and project plan and proposal generation.
Supply Chain & Manufacturing (SCM): Item description generation, supplier recommendations, and negotiation summaries.
Human Capital Management (HCM): Job category landing pages, job match explanations, candidate assistant, and manager survey generation.
Customer Experience (CX): Service webchat summaries, assisted authoring for sales content, and recommendations for marketing collateral.
Generative AI Extensibility with Oracle Guided Journeys
Oracle Guided Journeys now offers an extensibility framework, empowering customers and partners to integrate their own generative AI capabilities seamlessly into their existing Oracle Fusion Applications. This flexibility enables organizations to tailor AI solutions to meet their unique industry requirements, fostering innovation and agility in response to evolving market dynamics.
Leveraging OCI for Optimal Performance
Oracle’s generative AI services are powered by Oracle Cloud Infrastructure (OCI), leveraging its unparalleled performance and scalability. OCI’s Supercluster architecture accelerates large language model (LLM) training, ensuring rapid innovation cycles and attracting top-tier innovators to contribute to the ongoing advancement of AI solutions.
With these groundbreaking enhancements, Oracle is at the forefront of driving AI-powered transformation across enterprise workflows. By harnessing the potential of generative AI, Oracle Fusion Cloud Applications empower organizations to make informed decisions, streamline operations, and deliver unparalleled experiences to both employees and customers, setting a new standard for enterprise innovation.