Oracle's NetSuite Goes for AI, Machine Learning
Oracle's NetSuite family of cloud-based business management SaaS products announced last week that it's becoming the "world's first intelligent cloud suite" by adding AI and machine learning capabilities to its products' business intelligence functionalities.
"We're equipping our customers to understand not only what's happened with their business, but what will happen in the future and how they can stay ahead," commented the Executive Vice President of Oracle NetSuite Jim McGeever in a prepared statement.
According to the company, the changes will let companies, "make proactive and timely decisions and take action from right within the NetSuite application."
NetSuite has incorporated the technology into its finance, HR, supply chain, manufacturing, commerce, customer service, marketing and sales offerings' BI.
"The new artificial intelligence and machine learning based capabilities enable businesses to glean better insights, drive efficiencies by further automating processes and determine the next best action with predictive actions," the company commented. "The intelligent cloud suite can deliver benefits to business users across the organization."
Becky Nagel is the vice president of Web & Digital Strategy for 1105's Converge360 Group, where she oversees the front-end Web team and deals with all aspects of digital projects at the company, including launching and running the group's popular virtual summit and Coffee talk series . She an experienced tech journalist (20 years), and before her current position, was the editorial director of the group's sites. A few years ago she gave a talk at a leading technical publishers conference about how changes in Web browser technology would impact online advertising for publishers. Follow her on twitter @beckynagel.