Oracle announced over 50 specialised AI agents integrated into its Oracle Fusion Cloud Applications Suite during CloudWorld 2024, Las Vegas. The AI agents will automate routine tasks across key areas like finance, HR, supply chain, sales, marketing, and customer service, enabling employees to focus on more strategic initiatives.
The new AI agents, powered by generative AI, are designed to automate end-to-end business processes and provide personalised insights and recommendations.
“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,” said Steve Miranda, executive vice president of applications development, Oracle.
The AI agents will support functions such as employee shift scheduling, candidate sourcing, benefits management, order handling, asset maintenance, document processing, ledger monitoring, predictive forecasting, sales research, contract management, and incentive planning.
For example, in HR, the ‘shift scheduling assistant’ helps manage employee shifts while ensuring compliance with regulations, and in finance, the ‘advanced prediction agent uses AI models to generate accurate revenue forecasts.
Oracle’s Fusion Applications Suite enables companies to standardise operations and break down silos by managing multiple business processes on a single cloud platform. This continuous innovation is updated regularly to help organizations adapt to changing business needs.
Oracle recently announced robust fiscal 2025 Q1 results, with total revenues reaching $13.3 billion, a 7% increase year-over-year in USD and 8% in constant currency. The company’s cloud services revenues surged 21% in USD and 22% in constant currency to $5.6 billion, driven by substantial gains in both cloud infrastructure and applications.
Oracle’s CEO, Safra Catz, highlighted the company’s expanding cloud services as a key driver of growth. “As Cloud Services became Oracle’s largest business, both our operating income and earnings per share growth accelerated,” said Catz.
Additionally, Oracle recently partnered with AWS, following its partnerships with Microsoft Azure and Google Cloud.
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