As the most significant event in the tech industry related to business and IT professionals working with Oracle technologies, CloudWorld is the place to be. Several vital announcements are made. In addition, this conference was paramount because it was the first time all the International Technology Group (ITG) companies came together under one umbrella. Many organizations, current customers, partners, and others stopped by the ITG booth. Attendees learned about our latest innovations, extensive experience, and capabilities in Oracle technologies from Project Partners, Quistor, and PROMATIS.

With Project Partners’ heavy participation in the conference sessions outlining key advancements, here’s a summary of future opportunities that project-centric organizations should be aware of.

Oracle’s Focus on AI

Artificial intelligence (AI) has been the core pillar of Oracle’s cloud strategy. Since last year, it has already embedded advanced machine learning (ML) and AI across many cloud platforms and applications. The roadmap expands its offerings and incorporates predictive analytics. With the future on the horizon, these capabilities will allow organizations across industries to innovate faster and create more personalized customer experiences. Oracle is positioned to drive further AI adoption, enabling enterprises to automate processes, reduce costs, and make smarter, data-driven decisions. Retail, manufacturing, hospitality, construction, and engineering are among some sectors that have benefited.

For example, by integrating AI into Oracle’s Autonomous Database, businesses can leverage self-managing capabilities, including automated performance tuning, backups, and security patching. In addition, AI is playing a pivotal role in Oracle’s cloud security systems. It will enable real-time threat detection and proactive responses to minimize risks in an increasingly complex cyber landscape. Furthermore, Oracle’s continued investment will support large-scale AI model training. This allows businesses across industries to tap into cutting-edge AI without building the infrastructure.

Oracle Cloud Infruastructure

Oracle continues expanding its AI capabilities through Oracle Cloud Infrastructure (OCI). By increasing its AI services on OCI, Oracle allows enterprises to build, train, and deploy machine learning models at scale, making AI more accessible to a broader range of industries.

Oracle’s strategy for OCI, dubbed “Full Cloud and AI Where You Need It,” focuses on delivering AI-driven solutions that integrate seamlessly across cloud environments. This means businesses can access and deploy AI solutions wherever they operate. It no longer matters if customers are on the public cloud, hybrid environments, or on-premises. With these new capabilities, Oracle aims to democratize AI. It will empower organizations to accelerate innovation, automate processes, and optimize performance across all their operations.

Fusion Applications

Oracle is introducing advanced AI capabilities within its Fusion Applications. Its new features bring automation and intelligence into daily workflows. What does this mean for project-centric organizations? It will make processes more efficient and reduce manual efforts.

One key innovation is Retrieval Augmented Generation (RAG) Agents. RAG Agents use AI to deliver highly relevant and specific information based on the context of the query. Unlike traditional systems that provide general search results, it combines large language models with particular data sources to generate precise responses. This results in faster, more accurate insights, empowering users to make better-informed decisions quickly.

By embedding AI directly into Fusion Apps, Oracle is making it easier for businesses to unlock the power of AI. It will increase productivity and improve operational efficiency across various application functions and industries.

Vertical-Specific Models

Oracle has launched a new initiative in collaboration with key clients to develop vertical-specific AI seed models, focusing on predictive risk management. This initiative aims to tailor AI solutions to the unique needs of different industries, enhancing accuracy and decision-making in risk assessment. This is important for sectors such as AEC, utilities, finance, and many others.

As part of this effort, Oracle offers a free program for clients interested in adopting these AI models. This program provides them the tools to integrate advanced predictive capabilities into their operations, accelerating AI adoption while delivering targeted, industry-specific insights to drive better business outcomes.

Accelerating Code Development

A key highlight from Oracle CloudWorld is using Oracle’s 23AI database and AI Assist tools to speed up code development. These tools leverage generative AI to automatically generate DDL schemas, JSON mappings, and even code logic, drastically reducing the need for manual coding.

This shift empowers developers to focus on higher-level tasks by automating complex, repetitive processes. With AI assisting in creating intricate code structures, development becomes faster, more efficient, and less prone to human error, transforming how code is written in modern applications.

Simplifying SaaS Extensions with Oracle APEX

Oracle introduced enhancements that will make it easier to extend Fusion SaaS applications using Oracle APEX. These upcoming improvements aim to significantly reduce the complexity involved, particularly regarding authentication and accessing Fusion APIs.

Oracle APEX, a powerful low-code platform, will allow developers to build SaaS app extensions more quickly and efficiently. By streamlining the process, developers can focus on creating custom solutions that integrate seamlessly with Fusion SaaS without being bogged down by technical barriers. This enhancement allows businesses to rapidly create low-code app extensions, boosting productivity and meeting unique organizational needs with minimal effort.

The Power of Multi-cloud

Oracle is emphasizing the importance of multi-cloud strategies in the evolving cloud landscape. It highlights how businesses can leverage multiple cloud platforms to optimize performance, enhance flexibility, and reduce risk. This approach allows organizations to integrate diverse cloud services and solutions seamlessly.

Looking ahead, Oracle’s leadership in the cloud space is poised to drive the future of AI with innovations that will further empower businesses to harness the full potential of multi-cloud environments. As AI technologies advance, Oracle’s role will be crucial in shaping how these solutions are implemented across various cloud platforms.

In Conclusion

Oracle’s latest advancements will benefit project-centric organizations. Project Partners’ experts have successfully deployed and applied tailored Oracle solutions for organizations running projects and programs. If you missed us at Oracle CloudWorld, let’s connect virtually! Click here to speak to one of our experts today.

For more information about lessons learned at OCW, click here.