PR Newswire
LONDON, March 14, 2024
New AI capabilities in Oracle Fusion Data Intelligence help improve decision-making and quickly turn insights into action
LONDON, March 14, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced new artificial intelligence (AI) capabilities in Oracle Fusion Data Intelligence that will help Oracle Fusion Cloud Applications customers improve decision making by combining data-driven insights with intelligent actions. Oracle Fusion Data Intelligence is a next-generation data, analytics, and AI solution powered by Oracle Cloud Infrastructure (OCI) services including Oracle Autonomous Database, OCI Data Lake, and Oracle Analytics Cloud. With the help of these new AI capabilities, organizations can make better decisions and improve business outcomes.
"Collecting, analyzing, and contextualizing data can be a time-consuming, error-prone process," said T.K. Anand, executive vice president, Analytics, Oracle. "With Oracle Fusion Data Intelligence, our customers can optimize this process by taking advantage of a comprehensive analytics offering that brings together data, ready-to-use analytics, and prebuilt AI models in the right business context. The new AI capabilities we are adding can help customers further improve decision making and rapidly turn insights into action."
The new AI capabilities in Oracle Fusion Data Intelligence are designed to expand existing services with analytics that go beyond day-to-day transactional reporting. Advanced machine learning capabilities provide insights and predict outcomes on specific questions for finance, supply chain, HR, and customer service. The Oracle-managed data pipelines and prebuilt analytical models help ensure that data is always current for robust predictive model training and accurate predictions. AI-powered analytics integrated directly into Oracle Fusion Applications include:
In addition to the new AI capabilities, Oracle Fusion Data Intelligence now features an integration with and prebuilt analytics for Oracle Fusion Accounting Hub, part of Oracle Cloud ERP. Available as an add-on SKU to Oracle Fusion ERP Analytics, this integration enables customers to combine and analyze financial data from multiple accounting systems. Users can now discover correlations and irregularities across balances, journals, and sub-ledger transaction details, spanning accounting data from Oracle Cloud ERP and other systems.
Fusion Data Intelligence is an evolution of the Oracle Fusion Analytics Warehouse product that delivers business data-as-a-service with automated data pipelines, 360-degree data models for key business entities, rich interactive analytics, AI/ML models, and intelligent applications. To learn more about Oracle Fusion Data Intelligence, please visit: www.oracle.com/business-analytics/fusion-data-intelligence-platform
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SOURCE Oracle
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