New AI-powered capabilities embedded in Oracle
Fusion Applications help organizations optimize finance, supply
chain, HR, sales, marketing, and service
LAS
VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle
CloudWorld -- Oracle today announced new AI capabilities within
the Oracle Fusion Cloud Applications Suite that will help
customers successfully execute complex tasks, automate workflows,
and drive efficiency. Extending the comprehensive generative AI
capabilities already embedded across the suite, the latest AI
innovations include more than 50 new AI agents and a range of AI
capabilities that assist with authoring, advice, and recommended
actions. The new AI-powered capabilities will help customers
achieve new levels of productivity across finance, supply chain,
HR, sales, marketing, and service.
"We are the only enterprise vendor to offer a complete suite of
business applications on a fully integrated technology stack – from
hardware to database to applications – and an infrastructure that
is trusted by leading AI providers and the world's leading large
language models," said Steve
Miranda, executive vice president of applications
development, Oracle. "This puts us in unique position to help our
customers quickly and easily take advantage of the latest AI
innovations. The new AI capabilities in Oracle Fusion Applications,
embedded at no extra cost, will help our customers increase the
speed and accuracy of business processes, accelerate
decision-making, and drive more revenue."
With connected workflows that span the entire business, Oracle
Fusion Applications Suite allows customers to take advantage of the
cloud and the latest AI innovations to break down organizational
silos, standardize processes, and gain more value from their data.
The latest AI capabilities in Oracle Fusion Applications
include:
- 50+ AI agents across ERP, HCM, SCM, and
CX: Help organizations achieve new levels of productivity
by successfully executing frequent, repetitive tasks and allowing
employees and managers to focus their time on more strategic tasks
and initiatives. Powered by the latest innovations in generative
AI, the new agents will enable customers to fully automate
end-to-end business processes while also delivering personalized
insights, content, and recommendations in the context of specific
business processes and in support of specialized user roles. To
learn more about the new AI agents in Oracle Fusion Applications,
please visit: Oracle AI Agents Help Organizations Achieve New
Levels of Productivity.
- New AI innovations in Oracle Cloud ERP: Help
organizations optimize key financial processes, including cash
forecasting and management reporting, and increase the speed and
accuracy of sustainability analytics. New predictive cash
forecasting capabilities enable organizations to accelerate
insights by applying AI models to create prescriptive and
continuous daily, weekly, or monthly cash forecasts. New narrative
reporting capabilities help organizations accelerate management
reporting and make smarter decisions with AI-generated financial
performance narratives, variance explanations, and commentary on
trends impacting the business. Finally, new automated transaction
records in Oracle Fusion Cloud Sustainability enable business
leaders to use AI, classification rules, and sustainability
metadata attributes to automatically create activity records and
add transactions to a sustainability ledger.
- AI-powered skills insights in Oracle Cloud HCM:
Help organizations enhance the speed and accuracy of skills
insights and better align talent with business priorities. New
bespoke skills inventory enables HR leaders to use AI to gain a
complete catalog of their organization's skills that is always kept
up to date and can be modified or refined. In addition, new
AI-powered data enrichment allows HR leaders to combine enriched
skills data with data from across the enterprise and third-party
sources.
- New AI Innovations in Oracle Cloud SCM: Help
organizations improve manufacturing and operational performance. A
new smart operations workbench helps organizations focus on issues
impacting production goals by providing real-time insight into work
orders and generative AI-powered shift reporting. In addition, new
assisted authoring in Oracle Order Management enables users to
leverage generative AI to develop order acknowledgement emails and
order change history notes.
- New AI innovations in Oracle Cloud CX:
Help organizations quickly capitalize on sales opportunities,
enhance personalization, and improve upsell and
cross-sell conversion. New assisted authoring capabilities in
Oracle Cloud CX help sales teams efficiently engage
with buyers by providing AI-generated answers to contract-related
questions, emails and activity summaries, and executive summaries
for quotes and proposals. In addition, new AI capabilities in
Oracle CX Unity detect signals, based on role,
title, and aggregated topic engagement, and provide next best
action recommendations.
Oracle is the only enterprise vendor to offer a fully integrated
technology stack, from hardware and infrastructure to database and
applications, which fuels the fastest innovation cycle in the
industry. In addition, with updates delivered every quarter, Oracle
Fusion Applications Suite helps organizations in every industry and
region of the world embrace continuous innovation and stay ahead of
whatever comes next.
To learn more about Oracle Fusion Applications Suite, please
visit: oracle.com/applications.
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please
visit us at oracle.com.
About Oracle CloudWorld
CloudWorld is where our
customers and partners can see the latest innovations in
cloud technology, discover methods for getting the most
business value from AI today, and explore ways to increase
productivity and efficiency through automation. You'll learn from
experts and your peers who build and use the applications,
cloud infrastructure, databases, developer tools, and AI
services that help solve complex business challenges in every
industry. Join us to develop new skills and see new
capabilities in action. Register now
at oracle.com/cloudworld or follow the news and
conversation
at oracle.com/news and linkedin.com/company/oracle.
Future Product Disclaimer
The preceding is intended to
outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any
contract. It is not a commitment to deliver any material, code, or
functionality, and should not be relied upon in making purchasing
decisions. The development, release, timing, and pricing of any
features or functionality described for Oracle's products may
change and remains at the sole discretion of Oracle
Corporation.
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SOURCE Oracle