AI Prospecting for Oracle

Oracle has released the December 2024 updates for Oracle Cloud EPM, which include new formatting options in forms, enhanced Smart View features to handle invalid member names, and the introduction of Cloud EPM System Reports for business processes like Task Manager and Enterprise Journals. The updates will be applied to test environments on December 6 and production environments on December 20[1][4]. PeopleSoft FSCM 9.2.052 has been posted to My Oracle Support, featuring updates such as the 1099 update for 2024 and payroll tax updates for North America. Additionally, Oracle is hosting Quest Experience Week from December 9-12, focusing on Oracle product learning[2].

Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms, recognized for its ability to execute and completeness of vision. Oracle also introduced HeatWave GenAI, featuring in-database large language models and an automated vector store, to simplify generative AI application development without additional costs or data movement[4].

Oracle is investing $8 billion in Japan through 2034, spread over 10 years, to enhance its presence and services in the region. Additionally, Oracle unveiled new agentic AI capabilities for Oracle Fusion Cloud Service and Oracle Fusion Field Service to improve service efficiency and customer experience[1]. Oracle also announced significant enhancements to Oracle Health Data Intelligence, leveraging high performance to improve care quality, operational efficiency, and financial performance in healthcare organizations[5]. At Oracle CloudWorld 2024, the company introduced more generative AI capabilities, expanded AI and data science services, and showcased new hardware for AI workloads, emphasizing innovations in cloud performance, scalability, and security[2].