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LAS VEGAS - The Choctaw Nation of Oklahoma, the third-largest federally recognized tribe in the United States, has implemented Oracle Fusion Cloud Applications to streamline operations and enhance services for its 250,000 tribal members, according to a press release statement. Oracle, a prominent player in the software industry with a market capitalization of $852 billion, has seen its stock surge over 73% in the past year, according to InvestingPro data.
The Nation, which manages dozens of casinos, four resort hotels, 32 medical facilities, and over 60,000 acres of agricultural land, is utilizing embedded artificial intelligence capabilities to automate human resources and financial processes while reducing operational costs. This implementation aligns with Oracle’s strong business momentum, as the company maintains a healthy 69.66% gross profit margin and has achieved nearly 10% revenue growth over the last twelve months. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro.
Emily Crow, IT director of enterprise services at Choctaw Nation, said the organization has already adopted over 40 generative AI capabilities and plans to leverage more of Oracle’s AI agents to improve operational efficiency.
With Oracle Fusion Cloud Human Capital Management, the Choctaw Nation has implemented AI-powered features including Learning and Training Advisor Agent, Oracle Grow, and Oracle Dynamic Skills to support employee development and streamline HR processes.
The tribe is also using Oracle Fusion Cloud Enterprise Resource Planning to increase productivity and improve financial controls, with plans to implement additional AI capabilities such as predictive cash forecasting and narrative reporting.
Beyond business operations, the Choctaw Nation is utilizing Oracle Cloud Infrastructure Generative AI service to develop a language translation model from English to Choctaw. This initiative aims to preserve the tribal language, which currently has fewer than 300 first-language speakers remaining.
The Choctaw Nation employs over 13,000 full-time associates who provide nearly 150 programs offering education, healthcare, housing, and other essential services to tribal members.
Oracle (NYSE:ORCL) provides integrated application suites and autonomous infrastructure in Oracle Cloud. Trading at a P/E ratio of 69.69, the stock is currently above its InvestingPro Fair Value, with analysts maintaining price targets ranging from $175 to $415 per share.
In other recent news, Oracle has made significant strides in enhancing its cloud applications and AI capabilities. The United States Department of the Air Force has adopted Oracle Fusion Cloud Applications to modernize its operations, focusing on finance, human resources, and supply chain management. This deployment is supported by a new Authority to Operate at Defense Information Systems Agency Impact Level 4, ensuring secure handling of sensitive information. Oracle also announced the expansion of its AI Agent Studio with a new AI Agent Marketplace, allowing customers to deploy partner-built AI agents directly within Oracle Fusion Cloud Applications. This integration aims to address complex business challenges and accelerate AI adoption. Additionally, Oracle introduced new AI agents embedded within its Fusion Cloud Applications suite to enhance decision-making in finance, HR, supply chain, and customer experience operations. These agents, powered by large language models, are integrated into existing workflows at no extra cost to customers. The company also unveiled AI agents specifically designed to boost supply chain efficiency and help finance professionals automate workflows. These developments reflect Oracle’s commitment to advancing digital transformation and AI integration across various sectors.
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