Oracle has been making big moves in the AI space recently, especially with their Fusion Applications and the new Oracle Database 23ai. These upgrades are shaking up how businesses handle their data and applications, offering exciting new tools for developers and IT pros.
In March 2024, Oracle announced a major update: generative AI capabilities are now part of their Fusion Applications suite. This enhancement is set to make life easier across various domains like ERP, HCM, and CX. What does that mean for you? Essentially, Oracle’s generative AI can simplify complex processes, provide predictive insights, and automate routine tasks. This means businesses can make better decisions and boost productivity without needing a tech guru on staff.
These AI features are built right into the applications, so you get AI-driven insights with minimal effort. For instance, in human capital management, AI can help with hiring by analyzing candidate profiles and predicting their fit for specific roles. In customer experience management, AI can personalize interactions and anticipate customer needs based on past data (Oracle News).
The release of Oracle Database 23ai, is a game-changer. This update is all about bringing AI into the heart of data management. Available now in the cloud, Oracle Database 23ai gives developers and DBAs powerful AI tools right inside the database environment.
This version comes with advanced machine learning models that are natively integrated. This means you can perform complex data analysis and get actionable insights without needing extra AI tools. It’s all about speed and efficiency—reducing latency and boosting performance. Plus, the AI capabilities help with automated database tuning, anomaly detection, and predictive maintenance, making DBAs more productive and proactive (Oracle Blog).
A standout feature of Oracle Database 23ai is its support for AI model training and deployment within the database itself. This is a big deal for businesses wanting AI power without the hassle of managing separate AI infrastructure. By embedding AI into the core database engine, Oracle keeps data secure and compliant while offering the flexibility needed for advanced analytics (PR Newswire).
In July 2024, Oracle launched Exadata Exascale, a new architecture for the cloud designed to provide improved performance and cost efficiency for Oracle Database workloads. This new architecture offers significant cost savings, with some customers potentially seeing up to 95% reduction in costs compared to previous versions (TechTarget).
Exadata Exascale introduces AI Smart Scan, which offloads high-volume data and compute-intensive vector search workloads to the Exascale intelligent storage cloud, resulting in up to 30 times faster performance than in Oracle Database (TechTarget).
With these AI enhancements in Fusion Applications and the new Oracle Database 23ai, Oracle is embedding AI throughout its product ecosystem. These innovations not only boost individual application capabilities but also provide a unified platform for enterprises to leverage AI across their entire IT landscape.
Oracle’s advancements are positioning them as a leader in AI-driven enterprise solutions, offering tools that are both powerful and accessible. Businesses adopting these technologies can look forward to improved operational efficiency, smarter decision-making, and a competitive edge in their markets.
To fully leverage these cutting-edge AI technologies, it’s essential to have the right talent in place. At Planet Technology, we specialize in connecting businesses with top-tier technology professionals who can help you maximize the benefits of Oracle’s latest advancements. Contact us today to find the perfect candidates to drive your business forward.
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