Oracle has integrated artificial intelligence (AI) into its human capital and supply chain management systems in order to meet the must-have trend of 2023.
AI-powered lead time estimations in Oracle Supply Chain Planning, which use machine learning to identify deviations based on actual performance and enhance the accuracy of lead time assumptions, are among the AI improvements included in the upgraded Oracle Fusion Applications Suite.
To construct prediction models, the system employs a corpus of historical data from relevant internal applications. It is also an element in the upgraded Oracle Human Capital Management product, which employs an AI model to give employees with “development opportunities to adapt to changes in their role, discover new growth options, and achieve their career aspirations.”
The system, according to Rajan Krishnan, Oracle Group Vice President for product development, builds a “understanding” of individual employee career objectives and offers strategies to achieve those goals based on an existing inventory of skills and knowledge.
Both sets of upgrades are only accessible on Fusion products and not on the Oracle E-Business Suite on-premises. According to Constellation Research Vice President and Principal Analyst Holger Mueller, it made sense to construct predictive models on top of Oracle’s HCM solution because it offers the most comprehensive in-house suite.
The sources for this piece include an article in TheRegister.
