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 is the former editorial director and director of Web for 1105 Media's Converge 360 group, and she now serves as vice president of AI for company, specializing in developing media, events and training for companies around AI and generative AI technology. 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. Find her on X/Twitter @beckynagel.