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."
About the Author
Becky Nagel serves as vice president of AI for 1105 Media specializing in developing media, events and training for companies around AI and generative AI technology. She also regularly writes and reports on AI news, and is the founding editor of PureAI.com. She's the author of "ChatGPT Prompt 101 Guide for Business Users" and other popular AI resources with a real-world business perspective. She regularly speaks, writes and develops content around AI, generative AI and other business tech. She has a background in Web technology and B2B enterprise technology journalism.