At Oracle Cloud World Mumbai 2024, the company introduced several new features in logistics and AI for customers.
The new logistics features in its Fusion Cloud Supply Chain & Manufacturing (SCM) portfolio aim to improve customer logistics operations. This includes expanded business intelligence capabilities, improved logistics network modeling, a new trade incentive program, an updated Oracle Transportation Management Mobile App, and enhanced workbenches.
Additionally, the enterprise IT service provider has unveiled AI enhancements for its Autonomous Database. These innovations aim to simplify the integration of AI and advanced machine learning into applications.
The important updates include Autonomous Database Select AI for creating AI-enabled applications, a spatial enhancement in Oracle Machine Learning for better location relationships in ML models, a user-friendly no-code model monitoring interface.
A new UI for Autonomous Database Graph Studio to create property graph views on RDF knowledge has also been released. This involves using a drag-and-drop method, allowing organizations to explore interconnections across knowledge silos without complex coding or data duplication.
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%, said Deepa Param Singhal, vice president, cloud applications, Oracle India.
