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Oracle introduces a data, analytics, and AI platform for Fusion Cloud Applications to enhance business outcomes.
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The platform offers 360-degree Data Models, Prescriptive AI/ML Models, Rich Interactive Analytics, and Intelligent Applications.
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Oracle plans to extend the platform to NetSuite and other industry applications, enriching analytics offerings.
Oracle has recently unveiled the Fusion Data Intelligence Platform, a cutting-edge data, analytics, and AI solution designed to empower Oracle Fusion Cloud Applications users to enhance their business outcomes through the fusion of data-driven insights and intelligent decision-making. This groundbreaking platform, which builds upon the foundations of the Oracle Fusion Analytics Warehouse product, offers business data-as-a-service with automated data pipelines, comprehensive 360-degree data models for critical business entities, interactive analytics, AI/ML models, and intelligent applications. These ready-to-use capabilities run on top of the Oracle Cloud Infrastructure (OCI) Data Lakehouse services, including Oracle Autonomous Database and Oracle Analytics Cloud, thereby facilitating complete extensibility across data, analytics, AI/ML, and application layers.
The Oracle Fusion Data Intelligence Platform presents the following suite of pre-built capabilities that are designed to empower Oracle Fusion Cloud Applications users to unlock the full potential of their data:
360-Degree Data Models: This will equip business users with a cohesive and comprehensible representation of their organizational data, allowing them to discern the intricate relationships between data and business processes. By providing a range of conformed data models based on Oracle Fusion Cloud Applications data and other data sources, this platform offers a 360-degree view of various facets of a business, including customers, accounts, products, suppliers, and employees.
Prescriptive AI/ML Models: Leveraging pre-configured AI/ML models, such as workforce skills assessment and customer payment forecasting, organizations can solve specific business problems by automating labor-intensive tasks, freeing up resources for strategic endeavors. Furthermore, it empowers organizations to rapidly analyze substantial datasets, uncovering invaluable insights and patterns that can drive business growth and efficiency.
Rich Interactive Analytics: Business users can seamlessly explore and visualize their data using pre-built dashboards, reports, and key performance indicators (KPIs). Additionally, Analytics Cloud features like natural language query, auto insights, and mobile applications allow quick access to data and insights.
Intelligent Applications: These applications go beyond providing insights offering intelligent recommendations based on pre-existing data models, AI/ML models, and analytics content. They enable organizations to make informed decisions swiftly, ultimately improving business outcomes.
The Fusion Data Intelligence Platform is a pivotal step in a long-term vision to transition from data and analytics to actionable decisions that drive business success. Importantly, this platform will extend its reach beyond Oracle Fusion Cloud Applications, with plans to offer the same foundational platform for NetSuite and across various Oracle industry applications, such as healthcare, financial services, and utilities, to facilitate cross-domain insights.
The Fusion Data Intelligence Platform includes an extensive portfolio of ready-to-use analytics for Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Human Capital Management (HCM), Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), and Oracle Fusion Cloud Customer Experience (CX). These analytics offerings have been further enriched with the following additions:
Oracle Fusion ERP Analytics: The introduction of Accounting Hub analytics empowers finance teams to create a system of insights for accounting data sourced from Oracle Accounting Hub sub-ledger applications.
Oracle Fusion SCM Analytics: New Manufacturing analytics provide manufacturers with timely insights into work order performance, enhancing shop floor efficiency by rapidly identifying anomalies and continually optimizing plan-to-produce processes by connecting insights across supply chain data.
Oracle Fusion HCM Analytics: The addition of Inferred Skills, Payroll Costing, and Continuous Listening analytics equips organizational leaders with integrated workforce insights, covering employee skills, payroll trends and anomalies, and the efficacy of a continuous listening strategy at any given point in time.
Oracle Fusion CX Analytics: The new Quote-to-Cash analytics extend the analysis beyond the lead-to-opportunity pipeline by offering insights into how the price, contract, and quote process influences the overall customer experience.