Oracle unveils AI agents to boost supply chain efficiency

LAS VEGAS - Oracle (NYSE:ORCL), a prominent player in the software industry with a market capitalization of $852 billion and annual revenue of $59 billion, announced new AI agents for its Fusion Cloud Applications designed to enhance supply chain performance, according to a press release issued Wednesday.

The AI agents, built using Oracle AI Agent Studio for Fusion Applications, aim to help planners, managers, and logistics teams automate processes and make faster decisions across supply chain operations. The company’s innovation efforts have contributed to impressive growth, with revenue increasing by 9.67% over the last twelve months.

The new tools are embedded within Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) and cover multiple operational areas including planning, product lifecycle management, procurement, maintenance, inventory management, logistics, and order management.

"The new AI agents embedded in Oracle Fusion Applications help supply chain leaders take this opportunity to optimize supply chain performance and drive business impact by enabling them to make faster, more informed decisions and automate time-consuming tasks," said Chris Leone, executive vice president of Applications Development at Oracle.

Among the new agents are tools that help inventory planners understand supply chain plan details, procurement teams automate quote intake processes, maintenance teams manage work orders, and shipping managers assess compliance of outbound shipments.

The AI agents run on Oracle Cloud Infrastructure and are natively integrated within Oracle Fusion Applications at no additional cost to customers, according to the company.

Oracle (NYSE:ORCL) also noted that customers and partners can create their own AI agents using AI Agent Studio for Fusion Applications, a platform for building and deploying AI agents across enterprise operations.

The announcement was made during Oracle AI World, the company’s event focused on AI and cloud technology innovations. According to InvestingPro data, Oracle has delivered a strong 73.46% return over the past year, though current valuations suggest the stock may be trading above its Fair Value. For deeper insights into Oracle’s financial health and growth prospects, including 15+ additional ProTips and comprehensive analysis, check out the Pro Research Report available exclusively on InvestingPro.

In other recent news, Oracle announced several advancements in its cloud services and collaborations. The company unveiled new AI agents for its Fusion Cloud Applications, aimed at assisting finance professionals in automating workflows and enhancing decision-making processes. These AI agents will be integrated into Oracle Fusion Cloud ERP and EPM systems. Additionally, Oracle introduced AI capabilities for its Fusion Cloud Recruiting service, which includes an Oracle Career Coach to improve job matching and provide comprehensive talent insights.

Oracle also revealed a collaboration with Microsoft to improve manufacturing supply chain efficiency. This partnership will integrate Oracle Fusion Cloud SCM with Microsoft’s Azure IoT Operations and Microsoft Fabric to enable real-time data capture from factory equipment. In another development, PwC announced its expanded adoption of Oracle Fusion Cloud ERP to standardize global finance operations, leveraging embedded AI to enhance financial controls and streamline reporting.

Furthermore, Oracle introduced new cloud networking capabilities within its Oracle Acceleron suite to facilitate faster and more cost-effective workload management in Oracle Cloud Infrastructure. These enhancements include dedicated network fabrics and host-level zero-trust packet routing. These recent developments reflect Oracle’s continuous efforts to innovate and enhance its cloud offerings.

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