At the Oracle Cloud World Mumbai 2024 event, Oracle unveiled multiple innovations that promise to reshape how businesses navigate logistics and embrace Artificial Intelligence (AI). The focus is on improving customer experience (CX) and streamlining operations, with features designed to simplify processes, cut costs, and propel businesses into a new era of efficiency.
Evolution in Logistics: Oracle's Fusion Cloud SCM Introduces Game-Changing Features
Oracle's Fusion Cloud Supply Chain & Manufacturing (SCM) portfolio stole the spotlight with a set of enhancements aimed at enhancing logistics operations. These updates include expanded business intelligence capabilities, advanced logistics network modeling, a game-changing trade incentive program, an updated Oracle Transportation Management Mobile App, and improved workbenches. The goal is to streamline logistics for customers, ensuring smoother operations and providing a clearer view into supply chain dynamics.
Seamless AI Integration: Oracle's Autonomous Database Upgrades
In the realm of Artificial Intelligence, Oracle showcased cutting-edge upgrades to its Autonomous Database. A standout feature is the Autonomous Database Select AI, simplifying the creation of AI-enabled applications. The company also introduced spatial enhancements in Oracle Machine Learning, refining location relationships in machine learning models. Additionally, a user-friendly "no-code" model monitoring interface was unveiled, making AI integration more accessible to businesses of all sizes.
Visualizing Connections: Oracle's Graph Studio Simplifies Data Exploration
Oracle's commitment to user-friendly interfaces continued with the introduction of a revamped Autonomous Database Graph Studio. The drag-and-drop method allows users to effortlessly create property graph views on RDF knowledge. This empowers organizations to explore interconnections across knowledge silos without the need for complex coding or data duplication. Oracle's Graph Studio simplifies the often intricate task of understanding data relationships.
Oracle's Vision for the Future: AI-driven Optimization and Cost Reduction
Deepa Param Singhal, Vice President of Cloud Applications at Oracle India, shared the company's vision, stating, "Our goal is to help customers leverage AI to optimize costs and performance and minimize the need for human action. Oracle Fusion Applications business has been growing, and Oracle Fusion Cloud ERP is one of the biggest contributors, growing at 34%."
A Promising Future for Businesses Worldwide
With these groundbreaking upgrades, Oracle solidifies its position as a leader in the technology space, pushing the boundaries of what's possible in logistics and AI integration. The company's commitment to creating user-friendly solutions underscores a dedication to making these advancements accessible to businesses worldwide. Oracle's innovations promise not only to transform logistics in India but to revolutionize the way businesses operate globally, setting the stage for a brighter and more efficient future.
As Oracle continues to redefine industry standards, businesses are left with one question: Are you prepared to embrace the future of logistics and AI?