Oracle generative AI improving workplace capabilities
Well-known for its database software and technology, cloud engineered systems and enterprise software products, including CRM and SCM, Oracle has fast become one of the largest multinational software companies in the world by revenue.
Having been founded in 1977 and taking its name from a 1977 CIA project codename, the CIA then went on to be Oracle’s first customer. The company has since become a significant player in the national security industry, with business continuing to boom as it continues into the twenty-first century.
Its software tools have helped shape the modern surveillance industry and make increasing efforts to improve the workplace.
Embedding generative AI into the workplace
Oracle’s efforts have continued to help lead the evolution of digital transformation. In 2019, the company announced that it was partnering with its former competitor, Microsoft. The partnership aimed to connect Oracle Cloud and Microsoft Azure and allow customers to store data on both cloud computing platforms and run software on either Oracle or Azure.
It was believed at the time that this partnership was an attempt to compete with AWS, Google and Salesforce.
The company continues to provide global organisations with computing infrastructure and software to help unlock better workplace efficiencies. In February 2023, the company announced that it was partnering with Uber Technologies as part of a seven-year strategic cloud partnership that aims to accelerate Uber’s innovation and deliver new products to market.
Most recently in June 2023, Oracle added generative AI features to its human resources software for businesses, aiming to help draft job descriptions and employee performance goals, among other tasks.
These generative AI capabilities are seeking to help HR boost productivity. Oracle’s strategy is built around the reality that enterprises work with AI via three different avenues: Infrastructure, models and services and within applications.
AI added to HR software to boost business transformation
Oracle first provides a robust infrastructure for training and serving models at scale. Through a previous partnership with NVIDIA, the company can provide superclusters and provide a solution that is cost-effective and performs highly when training generative AI models at scale.
With these changes, customers can use Oracle’s upcoming OCI Generative AI service on Oracle Cloud Infrastructure (OCI) and reap all the benefits of a public cloud, including paying for what you use, customising models and creating private model endpoints.
Its partnership with Cohere aims to make cloud services aim to be easy to use. In building this new generative AI service, customers are able to add generative AI capabilities to their own applications and workflows through simple APIs.
Oracle will then embed generative models into applications and workflows that business users use every day. Through this, the company hopes to create solutions that provide organisations with the full power of generative AI instantly.
Generative AI is already revolutionising multiple business sectors by unlocking new capabilities and transforming operations. In this way, Oracle is aiming to provide generative AI to help organisations automate key business functions, improve decision-making and enhance customer experiences.
******
For more insights into the world of Technology - check out the latest edition of AI Magazine and be sure to follow us on LinkedIn & Twitter.
Other magazines that may be of interest - Technology Magazine | Cyber Magazine
Please also check out our upcoming event - Sustainability LIVE in London on September 6-7 2023.
******
BizClik is a global provider of B2B digital media platforms that cover Executive Communities for CEOs, CFOs, CMOs, Sustainability Leaders, Procurement & Supply Chain Leaders, Technology & AI Leaders, Cyber Leaders, FinTech & InsurTech Leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare + Food & Drink.
BizClik – based in London, Dubai, and New York – offers services such as Content Creation, Advertising & Sponsorship Solutions, Webinars & Events.
- How Schneider Electric Supports Data Centre SustainabilityCloud & Infrastructure
- Harnessing AI to Propel 6G: Huawei's Connectivity VisionAI Strategy
- Pegasus Airlines Tech Push Yields In-Flight AI AnnouncementsAI Applications
- Huawei Unveils Strategy To Lead Solutions for Enterprise AIAI Strategy