When it comes to GenAI, there are two core outcomes: creativity and productivity.
Let’s expand: GenAI enables users to become more creative and, in turn, innovative because of the opportunities it provides for rapid and intuitive experimentation. The other benefit, productivity, is delivered through a multitude of capabilities, such as summarization, prompts, and automation.
In his keynote address at CloudWorld 2024, Steve Miranda, Oracle’s executive vice president of applications development, revealed the latest GenAI additions to the Fusion Cloud Application Suite and the focus was squarely on productivity.
Embedded GenAI agents
From a business perspective, enhanced productivity is GenAI’s most beneficial output. And, Oracle, with its laser focus on developing GenAI for the enterprise, is going ahead with its plan to embed enterprise AI tools across its infrastructure and applications offerings.
Miranda announced the availability of more than 50 GenAI agents embedded across the Fusion app suite incorporating finance, supply chain, HR, sales, marketing, and service. The new role-based AI agents are designed to help users with a multitude of tasks, including automating repetitive tasks, providing contextual guidance, and ultimately enabling users to direct their focus to the most business-critical work.
In a demonstration of the capabilities of the new GenAI agents, Miranda showed the features of a new document processing agent for Oracle Fusion Cloud Enterprise Resource Planning (ERP). With just a photograph of the example document, which happened to be in Japanese, the agent was able to carry out translation, identification, and standardization tasks in just a few clicks.
Supercharging Productivity
“The latest Oracle Fusion Applications updates showcase the power of a single integrated suite with AI embedded in end-to-end workflows enabling customers to gain more value from their data,” Miranda said. “The new AI agents have the potential to completely change the way we work and do business.
“By enabling organizations to engage with business data in Oracle Fusion Applications in new and exciting ways, we can help our customers achieve new levels of productivity and unlock enormous business growth potential.”
This notion of embedded AI stretches far beyond the GenAI capabilities of this new lineup of agents. Oracle has the distinction of being the only vendor to provide a complete suite of integrated cloud apps and infrastructure. And this is the key to the success of Fusion’s AI ambitions.
As Miranda explained, Oracle’s Fusion Cloud apps utilize the infrastructure that currently supports major AI initiatives. OCI runs all of the best-known large language models — the engines powering GenAI tools — and these capabilities filter down to Oracle’s app users.
As innovations happen in the AI realm, they directly impact Oracle customers. So, what does this mean? Well, as well as supporting its own GenAI capabilities in Fusion apps, Oracle is enabling users to benefit from the innovations taking place in third party systems automatically.
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