New platform combines business data, analytics, AI models, and intelligent applications to enable customers to achieve better outcomes
Oracle Fusion Cloud Applications customers will benefit from deeper insights and faster time-to-action
LAS VEGAS, Sept, 20, 2023 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced the Fusion Data Intelligence Platform, a next-generation data, analytics, and AI platform that will help Oracle Fusion Cloud Applications customers achieve better business outcomes by combining data-driven insights with intelligent decisions and actions. This new platform, an evolution of the Oracle Fusion Analytics Warehouse product, will deliver business data-as-a-service with automated data pipelines, 360-degree data models for key business entities, rich interactive analytics, AI/ML models, and intelligent applications. All of these out-of-box capabilities run on top of the Oracle Cloud Infrastructure (OCI) Data Lakehouse services, including Oracle Autonomous Database and Oracle Analytics Cloud, which enables full extensibility at the data, analytics, AI/ML, and application layers.
"Many businesses struggle with data silos and complex data integration processes with disparate technologies for data management, and analytics. Adding to that problem is that these data and analytics technologies are often isolated from the business context, which makes it difficult to turn the insights into action," said T.K. Anand, executive vice president, Oracle Analytics. "Oracle Fusion Data Intelligence Platform will help change that by going beyond traditional data and analytics applications and allowing users to see insights based on the context of their role and workflows. In fact, users will even be able to make decisions and take action on the data and insights they see without having to leave the application."
The Oracle Fusion Data Intelligence Platform includes the following out-of-box capabilities that will enable Oracle Fusion Cloud Applications customers to derive the most value out of their data.
"With the Fusion Data Intelligence Platform, Oracle introduces a true convergence of analytics, data and AI," said Holger Mueller, vice president and principal analyst, Constellation Research. "This platform's prebuilt intelligent applications, data models and AI capabilities offer a forward-looking strategy for enterprises aiming to thrive in the data-driven landscape. It's the perfect complement to Oracle Fusion applications such as ERP, HCM, CX, and more."
The Fusion Data Intelligence Platform is part of a multi-year vision for progressing from data and analytics to decisions and actions that improve business outcomes. The Data Intelligence Platform will not be limited to Oracle Fusion Cloud Applications. The same underlying platform will be offered for NetSuite and all Oracle industry applications such as health, financial services, and utilities to facilitate cross-domain insights.
The Fusion Data Intelligence Platform includes a rich portfolio of out-of-box analytics for Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), Oracle Fusion Cloud Human Capital Management (HCM), and Oracle Fusion Cloud Customer Experience (CX). New additions to these analytics offerings include:
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