Subj : Oracle brings generative AI to its finance and supply chain softw
To   : All
From : TechnologyDaily
Date : Thu Mar 14 2024 11:00:06

Oracle brings generative AI to its finance and supply chain software

Date:
Thu, 14 Mar 2024 10:47:19 +0000

Description:
More than 50 new generative AI capabilities are rolling out across Oracle 
Fusion Cloud Applications Suite.

FULL STORY
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Oracle has unveiled new generative AI capabilities integrated into its Oracle 
Fusion Cloud Applications Suite, which it says will improve decision-making 
processes and enhance the experience for both employees and customers. 

The announcement, made at Oracle CloudWorld in London, marks a significant 
advancement as AI begins to get more of a foothold in enterprise software. 

Oracles latest generative AI additions are set to improve workflows across 
finance, supply chain, HR, sales, marketing and service. Oracle customers are 
about to get a huge GenAI boost 

Steve Miranda, EVP for Applications Development at Oracle, emphasized the 
companys commitment to delivering innovative solutions tailored to customers 
needs: We have been using AI in our applications for several years and now we 
are introducing more ways for customers to take advantage of generative AI 
across the suite. 

Across the board, Oracles generative AI solutions promise to deliver 
insightful narratives, status summaries, call center summaries and supplier 
recommendations. 

Moreover, enhancements to the Oracle Guided Journeys framework will enable 
customers to integrate their own preferred and custom generative AI 
capabilities into existing Oracle Fusion Applications, which helps 
enterprises tailor their AI solutions specifically to their industry and 
requirements. 

Miranda added: With additional embedded capabilities and an expanded 
extensibility framework, our customers can quickly and easily take advantage 
of the latest generative AI advancements to help increase productivity, 
reduce costs, expand insights, and improve the employee and customer 
experience. 

The more than 50 generative AI use cases embedded within Oracle Fusion 
Applications will be supported by the companys own Oracle Cloud 
Infrastructure, including bare metal compute instances and high-performance 
storage. 

Oracle says that no customer data is shared with the LLM providers, and that 
other privacy safeguards are put in place to maintain confidentiality. More 
from TechRadar Pro These are the best AI tools and best AI writers Check out 
our roundup of the best productivity tools Oracle Cloud reveals big 
generative AI push for enterprise customers



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Link to news story:
https://www.techradar.com/pro/oracle-brings-generative-ai-to-its-finance-and-s
upply-chain-software


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