Oracle Expands Cloud Services and Introduces AI Tools Across Major Platforms

Oracle expands database services across major cloud providers By Investing.com

LAS VEGAS - Oracle has announced collaborations with AWS, Google (NASDAQ:GOOGL) Cloud, and Microsoft (NASDAQ:MSFT) Azure to expand its Oracle Database services on Oracle Cloud Infrastructure (OCI) within their data centers. This strategic move is designed to facilitate customer migrations and application modernizations by providing direct access to Oracle's database services across the leading cloud platforms. The integration, dubbed Oracle Database@AWS, Oracle Database@Azure, and Oracle Database@Google Cloud, aims to meet the growing demand for Oracle Database services on OCI. Customers will now have the flexibility to combine services from AWS, Google Cloud, Microsoft Azure, and OCI, which Oracle Senior Vice President Karan Batta believes was "unthinkable in the cloud space just a few years ago." Oracle Database@AWS, launched today at Oracle CloudWorld, offers a unified experience between OCI and AWS. Customers will benefit from simplified database administration and the ability to connect Oracle databases to AWS applications and services, including Amazon (NASDAQ:AMZN) EC2 and AWS Analytics. The service also includes access to Oracle Autonomous Database and Oracle Exadata Database Service, providing a seamless connection and low latency network. In response to customer demand, Oracle Database@Azure is extending its availability to 15 more regions, with six Azure data centers already operational. The service offers flexibility with options such as pay-as-you-go and custom quotes via private offer. Furthermore, Oracle Database@Google Cloud is now generally available in four Google Cloud regions, with plans for expansion. This service allows customers to run Oracle's database technologies on OCI within Google Cloud data centers, simplifying the process of cloud purchasing and management. Oracle's distributed cloud strategy includes a public cloud, dedicated cloud, hybrid cloud, and multicloud solutions, aiming to deliver cloud benefits with greater control and flexibility. The company's latest offerings are seen as a significant step in enhancing its multicloud capabilities. This expansion is part of Oracle's broader push to provide integrated suites of applications and secure, autonomous infrastructure in the Oracle Cloud. The company advises that the development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation (NYSE:ORCL). The information in this article is based on a press release statement and represents Oracle's current product direction, which is subject to change. In other recent news, Oracle Corporation has launched an AI supercomputer in collaboration with NVIDIA (NASDAQ:NVDA), touted as the world's largest AI supercomputer in the cloud. The offering is part of Oracle's zettascale cloud computing clusters, promising unprecedented performance capabilities. Furthermore, Oracle has introduced significant enhancements to its Fusion Cloud Suite, including over fifty new AI agents and a new open skills architecture, aimed at streamlining various business functions. Recent developments also highlight Oracle's unveiling of a new open skills architecture within its Oracle Dynamic Skills solution, part of Oracle Fusion Cloud Human Capital Management. This innovation is designed to facilitate a comprehensive skills-based talent strategy. Oracle also launched a new RFID for Replenishment feature within its Oracle Fusion Cloud Supply Chain & Manufacturing suite, targeting improved inventory management for healthcare providers. Financial analysis firm Argus maintained a Buy rating on Oracle, citing strong demand for the company's services. Oracle's management anticipates double-digit revenue growth, primarily driven by cloud revenue. These recent developments underscore Oracle's commitment to innovation and the integration of AI into its cloud services. Oracle Corporation (NYSE:ORCL) has been making headlines with its strategic collaborations to expand Oracle Database services across major cloud platforms. As investors and industry observers evaluate Oracle's moves, it's crucial to consider some key financial metrics and insights provided by InvestingPro. InvestingPro Data shows that Oracle has a robust market capitalization of $434.38 billion, reinforcing its position as a prominent player in the software industry. The company's Price/Earnings (P/E) Ratio stands at 39.28, suggesting a high valuation relative to its earnings. This is supported by the adjusted P/E Ratio for the last twelve months as of Q1 2023, which is 37.8. Additionally, Oracle's Revenue Growth for the same period was 5.6%, indicating a steady increase in its top-line performance. One InvestingPro Tip that stands out is Oracle's consistent dividend history, having raised its dividend for 11 consecutive years. This track record is a positive signal for investors looking for stable returns, especially when considering the company's dividend yield of 1.03% as of the last recorded date in 2024. Moreover, the company has maintained dividend payments for 16 consecutive years, which underscores its commitment to shareholder returns. Another noteworthy InvestingPro Tip is the analysis suggesting that Oracle's stock is currently in overbought territory, as indicated by the Relative Strength Index (RSI). This could imply that the stock's recent strong performance, with a one-week price total return of 10.76% and a six-month price total return of 37.42%, might prompt investors to exercise caution. Investors interested in further insights can find additional InvestingPro Tips for Oracle, which delve deeper into the company's financials and market performance. There are 20 more tips listed on InvestingPro, available at https://www.investing.com/pro/ORCL, providing a comprehensive analysis that can help investors make informed decisions. The financial data and insights from InvestingPro are particularly relevant in light of Oracle's latest initiatives in the cloud space, as they highlight the company's financial health and market valuation, which are key considerations for stakeholders assessing the potential impact of Oracle's multicloud strategy on its future growth and profitability.

Oracle rolls out new AI and cloud services globally By Investing.com

LAS VEGAS - Oracle has unveiled a suite of new cloud infrastructure services aimed at expanding its global reach and enhancing artificial intelligence (AI) capabilities, the company announced today at Oracle CloudWorld. The latest offerings include Oracle Database@AWS, Oracle Database@Azure, Oracle Database@Google Cloud, OCI Dedicated Region, OCI Supercluster, and OCI Roving Edge Infrastructure, designed to meet the increasing demand for AI and cloud services worldwide. The expanded Oracle Cloud Infrastructure (OCI) allows customers to deploy over 150 AI and cloud services at the edge, in their data centers, across multiple clouds, or in the public cloud. This flexibility is intended to cater to various requirements related to data privacy, sovereign AI, and low latency. Oracle claims to have the most extensive cloud presence globally, with 85 regions currently live and an additional 77 planned. Mahesh Thiagarajan, Oracle's Executive Vice President of Cloud Infrastructure, emphasized the company's commitment to offering customers the choice and flexibility necessary to optimize their cloud services according to their business needs. The distributed cloud capabilities are touted to enable dedicated cloud deployment in a scalable footprint and facilitate AI infrastructure deployment anywhere. Oracle has announced the OCI Supercluster, which it claims is the largest AI supercomputer available in the cloud, offering up to 2.4 zettaFLOPS of peak performance with up to 131,072 NVIDIA (NASDAQ:NVDA) Blackwell GPUs. This capacity reportedly surpasses other hyperscalers and the Frontier supercomputer in terms of GPU quantity. In collaboration with NVIDIA, Oracle is also providing accelerated computing and generative AI services to support the creation and maintenance of sovereign AI models with robust data residency controls. The new OCI AI infrastructure includes NVIDIA L40S GPUs and Hopper architecture GPUs, available for order to support sovereign AI projects. The upcoming OCI Dedicated Region25 configuration aims to bring AI and cloud services to a broader customer base with a smaller, scalable size starting at three racks, deployable within weeks. This region is designed to offer a public cloud's agility, economics, and scale within customers' own data centers. Oracle's multicloud capabilities have been expanded through partnerships with AWS, Azure, and Google (NASDAQ:GOOGL) Cloud, allowing customers to access Oracle Database services directly within these hyperscalers' data centers. This initiative seeks to provide a seamless multicloud experience, combining Oracle Database services with those from other providers. Additional enhancements include new versions of the OCI Roving Edge Device for remote AI inferencing and new HeatWave capabilities for generative AI and multicloud applications. OCI Generative AI (GenAI) Agents with retrieval-augmented generation (RAG) capabilities are now generally available, aiming to help customers leverage their data for business operations. This news is based on a press release statement from Oracle. The company's forward-looking statements are subject to risks and uncertainties, and future product features or functionality are at Oracle's discretion. In other recent news, Oracle Corporation (NYSE:ORCL) has been making significant strides in its financial performance and strategic partnerships. With a strong demand for its services, Oracle plans to double its capital expenditures in fiscal year 2025. The company anticipates double-digit revenue growth, with cloud revenue serving as the primary driver. Notably, Oracle's total revenue increased by 8% to $13.3 billion, with cloud product revenue rising by 21% to $5.6 billion, surpassing analysts' expectations. Financial analysis firm Argus has maintained a Buy rating on Oracle and upgraded its price target from $159.00 to $176.00. Other analysts from Mizuho Securities, Stifel, and KeyBanc Capital Markets have also expressed confidence in Oracle's growth potential. KeyBanc, in particular, has maintained an Overweight rating on Oracle and increased the price target from $165 to $175. Oracle's recent collaborations with leading hyperscale cloud providers, such as Uber Technologies Inc . (NYSE:UBER) and Amazon (NASDAQ:AMZN) Web Services, have enabled it to offer a variety of computing options. These include on-premise solutions, Oracle's own cloud services, private clouds, or other public clouds. This flexibility caters to diverse customer needs and helps Oracle defend its significant market share in database software. The company has also made substantial strides in integrating artificial intelligence (AI) into its cloud services. Oracle's partnership with Uber Technologies Inc. is a significant development, with Uber leveraging Oracle Cloud Infrastructure (OCI) for over a million hourly trips. Furthermore, Oracle has launched several advancements in its services, including the Oracle Cloud Infrastructure (OCI) Generative AI (GenAI) Agents service, a new AI-centric application development infrastructure, termed generative development (GenDev), and new AI capabilities within its Oracle Fusion Data Intelligence suite. In light of Oracle's recent announcement regarding their suite of new cloud infrastructure services, the company's financial metrics and market position offer a broader context for investors. According to InvestingPro data, Oracle boasts a significant market capitalization of $429.61 billion, underlining its substantial presence in the software industry. The P/E ratio stands at a high 40.17, suggesting that investors may be expecting continued growth and innovation from the company, in line with its latest push into AI and cloud services. The company's revenue growth over the last twelve months as of Q1 2025 has been reported at 5.6%, indicating a steady increase that aligns with the expansion of its cloud services. Moreover, Oracle's commitment to shareholder returns is evident with its impressive track record of raising dividends for 11 consecutive years, a testament to its financial stability and confidence in sustained profitability. Additionally, the significant return over the last week of 10.76% reflects positive market reception to Oracle's strategic initiatives and potential growth prospects. For investors seeking deeper insights, there are 21 additional InvestingPro Tips available, which include further analysis on earnings revisions, valuation multiples, and liquidity concerns. For example, with analysts revising their earnings downwards for the upcoming period, it is crucial for investors to consider how this might impact Oracle's financial performance in the near term. Furthermore, the current overbought status of the stock, as suggested by the RSI, may indicate a need for caution among potential investors. Oracle's strategic moves in the cloud and AI arenas, as detailed in the company's announcements, are thus mirrored by its financial metrics and market performance. Investors can explore these facets in greater depth by accessing additional InvestingPro Tips at https://www.investing.com/pro/ORCL.

Oracle introduces AI tools for app development and cloud enhancements By Investing.com

LAS VEGAS - Oracle has announced the beta release of Oracle Code Assist, an artificial intelligence (AI) tool designed to enhance developer productivity, alongside upgrades to its OCI Kubernetes Engine (OKE) aimed at facilitating the training and deployment of AI models at scale. These new offerings were unveiled at Oracle CloudWorld in Las Vegas. Oracle Code Assist is an AI code companion that integrates with popular Integrated Development Environments (IDEs) like JetBrains IntelliJ IDEA and Microsoft (NASDAQ:MSFT) Visual Studio Code. It provides developers with intelligent suggestions for a variety of programming languages, including Java, Python, and JavaScript, among others. The tool aims to streamline the development process by automating routine tasks such as code generation, documentation, and unit testing. Sudha Raghavan, senior vice president of Oracle Cloud Infrastructure's Developer Platform, stated, "These new capabilities turbocharge application development, empowering developers to leverage AI to help reduce the time spent on mundane tasks that are inherent to software development." The enhancements to OKE include support for Ubuntu images for containers, which simplifies the deployment of GPU-based workloads. Oracle has also introduced Oracle Cloud Guard Container Security enhancements and OCI Logging Analytics integration to improve usability and observability for developers working with OKE workloads. Several customers have already begun to innovate with these new tools on Oracle Cloud Infrastructure (OCI). Nomura Research Institute (NRI) and Inworld, an AI platform for games, have both expressed their anticipation for utilizing Oracle Code Assist to improve their development processes. Similarly, 8x8, a communications solutions provider, and GeneDx, a medical genetics company, have leveraged OCI Kubernetes Engine and OCI Logging Analytics to manage their services more efficiently. Oracle's new AI capabilities and OKE enhancements highlight the company's commitment to providing tools that address the evolving needs of developers and organizations in the cloud computing space. These updates are part of Oracle's broader strategy to offer integrated application development solutions within its autonomous cloud infrastructure. This news article is based on a press release statement from Oracle. In other recent news, Oracle Corporation (NYSE:ORCL) has announced significant enhancements to its data intelligence platform, with the future addition of Oracle Intelligent Data Lake, expected to be available in 2025. This feature will simplify data management by providing a comprehensive solution for integrating and analyzing various data types within a unified experience. Oracle also plans to improve its cloud network security with the integration of Oracle Cloud Infrastructure Zero Trust Packet Routing (OCI ZPR), aiming to prevent unauthorized data access due to human error in network configurations. Additionally, Oracle has maintained a Hold rating from CFRA, with a steady price target of $150.00. The company has also received an upgraded price target from TD Cowen, raising it to $180 from $165 while maintaining a Buy rating. BMO Capital also adjusted Oracle's price target to $173 from $160, maintaining a Market Perform rating. Oracle's recent earnings report showcased robust financial growth, with total revenue increasing by 8% year-over-year to $13.3 billion. The company's cloud revenue rose by 22% to $5.6 billion, and Infrastructure as a Service (IaaS) revenue experienced a significant surge of 46%. These recent developments reflect Oracle's ongoing efforts to advance its offerings, enhance security, and meet financial milestones, thereby providing potential opportunities for investors. Oracle Corporation (NYSE:ORCL) has been a prominent player in the software industry, and its recent announcements at Oracle CloudWorld in Las Vegas reinforce its commitment to innovation and developer support. As the company introduces new AI-driven tools to enhance developer productivity, it's worth noting that Oracle has been maintaining a strong financial performance as well. According to InvestingPro data, Oracle boasts a substantial market capitalization of $385.52 billion, reflecting its significant presence in the market. The company's price-to-earnings (P/E) ratio stands at 36.05, which may be considered high, indicating that investors have high expectations of future earnings growth. This aligns with one of the InvestingPro Tips, which points out that Oracle is trading at a high earnings multiple relative to near-term earnings growth. Additionally, the company has demonstrated a solid revenue growth of 6.02% over the last twelve months as of Q1 2023. InvestingPro Tips also highlight that Oracle has raised its dividend for 10 consecutive years, showcasing its ability to generate consistent cash flow and return value to shareholders. This financial stability and shareholder-friendly policy could be particularly appealing to investors looking for steady income streams. Moreover, with a dividend yield of 1.14%, the company continues to attract dividend investors. For those interested in Oracle's financial health and investment potential, there are additional InvestingPro Tips available on the platform. For example, the company has maintained dividend payments for 16 consecutive years and experienced a large price uptick over the last six months, which could be of interest to those analyzing stock performance trends. To explore these insights in detail, visit https://www.investing.com/pro/ORCL, where several more tips are listed to help investors make informed decisions.

Oracle introduces AI features for data intelligence By Investing.com

LAS VEGAS - Oracle has unveiled new artificial intelligence (AI) capabilities within its Oracle Fusion Data Intelligence suite, aimed at helping businesses make quicker and more informed decisions by utilizing their data assets more effectively. The announcement, made today at Oracle CloudWorld, introduces intelligent applications for Oracle Fusion Cloud Human Capital Management (HCM) and Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The People Leader Workbench application is designed to assist organizations in adapting their talent strategies to meet evolving business needs, while the Supply Chain Command Center application is intended to enable a rapid response to shifts in demand, supply, and market conditions by suggesting intelligent actions across the supply chain network. In addition to these applications, Oracle Fusion Data Intelligence will now offer native support for Salesforce (NYSE:CRM) CRM, allowing Salesforce customers to combine their CRM data with Oracle Fusion Cloud Applications data. This integration aims to enhance data quality and cross-functional analysis, providing a more accurate view of critical business information. Operational reporting has also been enhanced to provide a unified view of predictive and transactional data, which is expected to streamline daily operations. New AI and machine learning features have been added across Oracle's ERP, HCM, SCM, and CX analytics to improve outcome predictions and action prescriptions. Furthermore, an AI-powered Developer Assistant will assist developers in using generative AI to configure the Oracle Fusion Data Intelligence service and add third-party data sources more efficiently. The new AI-driven features and applications are part of Oracle's broader strategy to integrate AI into its cloud services, providing customers with tools to harness their data for competitive advantage. These updates are a testament to Oracle's commitment to evolving its products with AI and machine learning capabilities at the forefront. Oracle's forward-looking statements disclaimer emphasizes that the development, release, timing, and pricing of any features or functionality remain at the discretion of Oracle Corporation (NYSE:ORCL), and the information provided should not be used as the basis for any purchasing decisions. This announcement is based on a press release statement and does not reflect any endorsement of Oracle's claims. Oracle's stock is traded on the New York Stock Exchange under the ticker NYSE:ORCL. In other recent news, Oracle Corporation has been making significant strides in its financial performance and product offerings. The company reported an 8% year-over-year increase in total revenue to $13.3 billion. Oracle's cloud revenue rose notably by 22% to $5.6 billion, while Infrastructure as a Service (IaaS) revenue surged by 46%. These financial results reflect Oracle's ongoing efforts to advance its offerings and meet financial milestones. Oracle has also announced the beta release of Oracle Code Assist, an AI tool aimed at enhancing developer productivity. The company has also introduced enhancements to its OCI Kubernetes Engine (OKE) to facilitate the training and deployment of AI models at scale. These new offerings are part of Oracle's broader strategy to offer integrated application development solutions within its autonomous cloud infrastructure. In terms of analyst ratings, CFRA has maintained a Hold rating for Oracle, while TD Cowen and BMO Capital have raised their price targets, reflecting confidence in the company's growth trajectory. Oracle has also announced plans to enhance its Oracle Data Intelligence Platform with the addition of Oracle Intelligent Data Lake by 2025, and it has integrated Oracle Cloud Infrastructure Zero Trust Packet Routing (OCI ZPR) into its cloud network to enhance security. These recent developments highlight Oracle's commitment to providing tools that address the evolving needs of developers and organizations in the cloud computing space, as well as its sustained growth trajectory. As Oracle Corporation (NYSE:ORCL) continues to innovate with the integration of AI into its cloud services, its financial metrics and market performance offer additional insights. Oracle's commitment to dividend growth is notable, with the company having raised its dividend for 10 consecutive years and maintained dividend payments for 16 consecutive years, showcasing its dedication to returning value to shareholders. For investors looking at long-term stability, this track record of consistent dividend payments could be a significant factor. On the valuation front, Oracle is currently trading at a high earnings multiple, with a P/E ratio of 36.05 and a slightly lower adjusted P/E ratio for the last twelve months as of Q4 2024 at 34.72. This indicates that the stock may be priced at a premium relative to its earnings, which is a point of consideration for value-focused investors. Additionally, Oracle's Price/Book ratio stands at 44.29, suggesting a high valuation in terms of its book value. From a performance perspective, Oracle has seen a large price uptick over the last six months, with a 25.19% total return. This strong performance is further highlighted by a year-to-date price total return of 34.01%, reflecting investor confidence and market momentum. For those seeking a deeper analysis and more InvestingPro Tips, Oracle has a wealth of additional insights available, with 14 more tips listed on InvestingPro, including metrics on profitability, industry standing, and analysts' predictions for the year. These data points and InvestingPro Tips are crucial for investors who are considering Oracle as part of their investment portfolio. They provide a snapshot of the company's financial health and market performance, which are essential in making an informed investment decision. For more detailed analysis and tips, investors can visit InvestingPro at https://www.investing.com/pro/ORCL.

Oracle introduces new AI features to Fusion Cloud Suite By Investing.com

LAS VEGAS - Oracle has unveiled a series of new artificial intelligence (AI) capabilities within its Oracle Fusion Cloud Applications Suite, designed to enhance productivity across various business functions including finance, supply chain, human resources, sales, marketing, and service. Announced at Oracle CloudWorld on September 11, 2024, these updates are aimed at streamlining complex tasks, automating workflows, and improving decision-making processes for Oracle's customers. The latest AI enhancements include over 50 new AI agents and a variety of AI tools that offer assistance in authoring, advice, and action recommendations. These advancements are integrated into the Oracle Fusion Applications Suite, providing generative AI capabilities that allow for the automation of end-to-end business processes and personalized insights tailored to specific roles and tasks. Steve Miranda, Oracle's Executive Vice President of Applications Development, emphasized the company's unique position in offering a fully integrated suite from hardware to applications and infrastructure, which is trusted by leading AI providers. He highlighted that these new AI features are embedded at no extra cost, which can help customers increase the speed and accuracy of business processes, accelerate decision-making, and potentially drive more revenue. The new AI agents span across Enterprise Resource Planning (ERP), Human Capital Management (HCM), Supply Chain Management (SCM), and Customer Experience (CX). Examples of these AI-driven enhancements include predictive cash forecasting in Oracle Cloud ERP, bespoke skills inventory in Oracle Cloud HCM, and a smart operations workbench in Oracle Cloud SCM. In Oracle Cloud CX, assisted authoring capabilities and next-best-action recommendations based on AI are introduced to improve customer engagement and sales conversions. Oracle positions itself as the only enterprise vendor offering a fully integrated technology stack, facilitating the rapid adoption of AI innovations. With quarterly updates, Oracle Fusion Applications Suite aims to help organizations adapt to evolving business landscapes. This announcement is based on a press release statement from Oracle and does not constitute an endorsement of Oracle's products or services. The development, release, timing, and pricing of any features or functionality described remain at the discretion of Oracle Corporation (NYSE:ORCL). In other recent news, Oracle has introduced over fifty new artificial intelligence (AI) agents to enhance various business functions, including finance, human resources, and supply chain management. The company has also announced a new open skills architecture within its Oracle Dynamic Skills solution, aiming to assist organizations in developing a comprehensive skills-based talent strategy. Additionally, Oracle has launched a new RFID for Replenishment feature within its Oracle Fusion Cloud Supply Chain & Manufacturing suite, targeting improved inventory management for healthcare providers. In terms of customer experience management, Oracle has unveiled new AI tools within its Oracle Unity Customer Data Platform and introduced new cloud Customer Experience tools for improved B2B buying and selling processes. These recent developments reflect Oracle's ongoing commitment to innovation and the integration of AI into its cloud services. Financial analysis firm Argus has maintained a Buy rating on Oracle, highlighting strong demand for the company's services. Oracle's management anticipates double-digit revenue growth, primarily driven by cloud revenue. The company's recent collaborations with leading hyperscale cloud providers have enabled it to offer a variety of computing options, catering to diverse customer needs and helping Oracle maintain its significant market share in database software. Oracle Corporation (NYSE: ORCL) has been making headlines with its innovative AI capabilities within the Oracle Fusion Cloud Applications Suite. As the company continues to expand its technological offerings, it's important to consider the financial metrics and market performance that underpin its business strategy. From a financial perspective, Oracle's market capitalization stands at a robust $429.61 billion, reflecting the significant scale of its operations in the global software industry. This is complemented by a solid revenue growth of 5.6% over the last twelve months as of Q1 2023, indicating the company's ability to increase its sales in a competitive market. InvestingPro Tips highlight that Oracle has a history of rewarding its shareholders, having raised its dividend for 11 consecutive years. This consistent return to investors underscores the company's financial health and commitment to shareholder value. Moreover, Oracle's recent performance has been noteworthy, with a significant return over the last week, month, and three months. Specifically, the one-week price total return as of late 2024 was 10.76%, while the one-month and three-month returns were 18.04% and 26.19%, respectively. These figures not only illustrate the stock's recent momentum but also suggest investor confidence in the company's direction and growth prospects. In terms of valuation, Oracle is trading at a high earnings multiple, with a P/E ratio of 40.17. While this might suggest a premium valuation, it is important for investors to consider the company's growth trajectory and industry position when evaluating this metric. As a prominent player in the software industry, Oracle's strategic investments in AI and cloud services could justify its valuation to long-term investors. For readers interested in deeper analysis, there are additional InvestingPro Tips available at https://www.investing.com/pro/ORCL, providing further insights into Oracle's financial health and market performance. These tips can serve as valuable resources for those looking to make informed investment decisions regarding Oracle Corporation.

Oracle unveils 50+ AI agents to enhance business efficiency By Investing.com

LAS VEGAS - Oracle (NYSE:ORCL) has introduced over fifty new artificial intelligence (AI) agents designed to integrate with its Oracle Fusion Cloud Applications Suite, aiming to boost productivity across various business functions including finance, human resources, and supply chain management. Announced at Oracle CloudWorld on September 11, 2024, these AI agents are engineered to automate routine tasks and provide personalized insights and recommendations, thereby allowing employees and managers to concentrate on more strategic initiatives. The AI agents are built on generative AI technology, enabling them to support end-to-end business processes and cater to specific user roles within an organization. Oracle's executive vice president of applications development, Steve Miranda, highlighted that the updates to Oracle Fusion Applications harness the power of AI to help customers extract more value from their data and potentially transform business operations. In the realm of human capital management, AI agents such as the shift scheduling assistant, employee hiring advisor, and benefits analyst aim to streamline workforce management, recruitment, and employee benefits administration. Similarly, within supply chain management, agents like the customer sales representative guide and maintenance troubleshooting advisor are designed to enhance customer service and maintenance operations. The Oracle Fusion Cloud Enterprise Resource Planning (ERP) suite has been augmented with agents like the document IO agent, ledger agent, and advanced prediction agent to aid in document processing, transaction monitoring, and predictive forecasting. For customer experience management, the customer account researcher agent, contracts researcher agent, and incentive compensation plan guide are intended to assist sales teams in account planning, contract management, and sales incentives. Oracle Fusion Applications Suite provides a cloud-based platform for organizations to manage their data across different business functions, with the aim of breaking down silos and standardizing processes. The suite receives regular updates to facilitate continuous innovation. The information is based on a press release statement from Oracle, and while the features and benefits of the new AI agents are promising, they reflect Oracle's perspective and should be considered in the context of the company's broader product strategy and market competition. In other recent news, Oracle has introduced several enhancements to its services, aimed at improving talent management, inventory management, customer data analysis, B2B transactions, and AI and cloud services. Oracle's Dynamic Skills solution now features an open skills architecture, designed to facilitate a skills-based approach to talent management. In collaboration with Avery Dennison (NYSE:AVY), Terso Solutions, and Zebra Technologies, Oracle has also launched a new RFID for Replenishment feature aimed at optimizing inventory management for healthcare providers. Oracle's Unity Customer Data Platform now includes new AI capabilities to help organizations identify growth opportunities within existing customer accounts. The company has also unveiled new features within its Oracle Fusion Cloud Customer Experience suite, aimed at enhancing B2B buying and selling processes. Oracle has expanded its AI and cloud services globally, with new offerings including Oracle Database@AWS, Oracle Database@Azure, Oracle Database@Google Cloud, and OCI Supercluster. Oracle's financial performance has been strong, with a total revenue increase of 8% to $13.3 billion and cloud product revenue rising by 21% to $5.6 billion. Argus has maintained a Buy rating on Oracle and upgraded its price target. These developments are part of Oracle's ongoing efforts to provide innovative solutions that address specific industry needs. As Oracle continues to innovate with its AI-driven Oracle Fusion Cloud Applications Suite, the company's financial metrics provide a glimpse into its market position and performance. With a robust market capitalization of $429.61 billion, Oracle demonstrates significant industry presence. This valuation comes alongside a high Price/Earnings (P/E) ratio of 40.17, which suggests that investors are expecting high earnings growth in the future. Despite this optimism, it's noteworthy that Oracle's shares are trading at a high Price/Book multiple of 39.72 as of the last twelve months up to Q1 2023, indicating that investors may be paying a premium for the company's net assets. InvestingPro Tips highlight that Oracle has raised its dividend for 11 consecutive years, underscoring its commitment to returning value to shareholders. Moreover, a strong return over the last week, with a 10.76% price total return, reflects the market's positive reception to recent developments, including the launch of new AI agents. For investors seeking additional insights, there are 20 more InvestingPro Tips available on Oracle, which can be found at InvestingPro. These financial insights, coupled with Oracle's strategic push into AI and regular updates to its applications suite, suggest that the company is not only expanding its product offerings but also maintaining a focus on shareholder value. As Oracle's Fusion Cloud Applications Suite evolves, its financial health and market performance will be key indicators to watch.

Oracle's AI strategy at CloudWorld draws praise from Mizuho, 25% upside potential By Investing.com

On Wednesday, Mizuho Securities reiterated its Outperform rating on Oracle Corporation shares (NYSE:ORCL), maintaining a price target of $185.00. The endorsement follows Oracle's active participation in CloudWorld this week, where the company is presenting its latest products and strategies. The focus at this year's event is largely on multi-cloud and artificial intelligence (AI). Oracle has unveiled several new AI-related products, including tools for enterprise application development, a Factory-as-a-Service offering built on Oracle Cloud Infrastructure (OCI), and OCI GenAI Agents equipped with Reasoning, Argumentation, and Generalization (RAG) capabilities. These innovations are intended to assist customers in integrating AI into their business operations. According to Mizuho, Oracle's strategy is to position itself as a comprehensive AI provider for enterprises. This approach involves leveraging OCI as the infrastructure for AI, developing AI-centric applications, and incorporating AI into Fusion applications. The company's announcements at CloudWorld are seen as steps toward realizing this vision. Oracle's developments in AI and cloud services are expected to enhance the company's offerings to enterprise clients. The continued focus on AI and multi-cloud solutions is indicative of Oracle's commitment to staying at the forefront of technological advancements in the enterprise software market. The maintained Outperform rating and price target by Mizuho signal confidence in Oracle's direction and potential for growth, as the company seeks to expand its footprint in the AI and cloud services arena. Oracle's stock performance will be watched closely by investors as the company continues to roll out its AI-driven products and services. In other recent news, Oracle Corporation has shown impressive financial growth, with total revenue increasing by 8% to $13.3 billion. The company's cloud product revenue saw a significant rise of 21%, amounting to $5.6 billion, surpassing analysts' expectations. Analysts from Stifel and KeyBanc Capital Markets have projected further growth for Oracle, attributing this to the successful integration of AI into its cloud services and a rise in AI infrastructure bookings. Oracle has also launched several advancements in its services, including the Oracle Cloud Infrastructure (OCI) Generative AI (GenAI) Agents service, a new AI-centric application development infrastructure, termed generative development (GenDev), and new AI capabilities within its Oracle Fusion Data Intelligence suite. These developments are part of Oracle's broader strategy to provide customers with advanced tools to leverage data for competitive advantage. In terms of partnerships, Oracle has been actively collaborating with other cloud service providers, including a recent agreement with Amazon (NASDAQ:AMZN) Web Services. Analysts from Bernstein have expressed positive expectations, stating that support from major cloud providers will likely result in a continued increase in cloud revenue. Oracle Corporation (NYSE:ORCL) has demonstrated a strong commitment to enhancing its cloud and AI capabilities, as evidenced by its recent announcements at CloudWorld. In support of these developments, InvestingPro data shows Oracle with a robust market capitalization of $429.61 billion and a significant gross profit margin of 71.31% over the last twelve months as of Q1 2023. These figures underscore Oracle's financial strength and its ability to invest in innovation. Moreover, Oracle has showcased a substantial return over the last week, with a price total return of 10.76%, and maintained a consistent dividend payout, increasing it for 16 consecutive years. These InvestingPro Tips highlight Oracle's shareholder value and its potential for continued growth in the sector. With 21 additional tips available on InvestingPro, investors can gain deeper insights into Oracle's market dynamics and future outlook. As Mizuho Securities maintains its Outperform rating with a target of $185.00, these InvestingPro data points and tips offer a valuable perspective for investors considering Oracle's stock, especially those interested in the company's strategic direction in AI and cloud services.