Oracle Corp. has announced the introduction of new generative AI features for its Fusion Cloud Human Capital Management (HCM) offering. These enhancements aim to simplify HR workflows and drive productivity for enterprises.
Powered by Oracle Cloud Infrastructure (OCI), the AI capabilities facilitate tasks such as writing job descriptions for new roles or swiftly drafting employee surveys. This marks a broader shift towards AI at Oracle, with further expansion expected in the near future.
Oracle is not alone in its efforts to improve HR workflows with generative AI. Last month, SAP, a leader in enterprise resource planning (ERP), also unveiled similar capabilities through a partnership with Microsoft.
Advancements in Oracle Fusion Cloud HCM Oracle Fusion Cloud HCM is a comprehensive cloud solution that enables HR teams to manage the complete employee lifecycle, including talent attraction, screening, hiring, onboarding, payroll management, and skill development support.
To take the platform to the next level, Oracle is introducing three generative capabilities: assisted authoring, suggestions, and summarization.
Assisted authoring provides users with built-in prompts to generate content, allowing them to focus on higher-value tasks. For example, it can assist in writing job descriptions, creating automated goals with detailed descriptions and success metrics, and generating HR helpdesk articles for employee assistance.
Accelerating day-to-day tasks The suggestions feature automatically offers teams valuable recommendations to expedite their daily tasks. It can suggest questions for surveys under design or provide advanced career development tips to help managers groom their workforce effectively.
Similarly, summarization provides quick summaries of content such as an employee’s performance overview, taking into account feedback from managers, goal progress, and achievements.
“Generative AI helps to reduce friction as employees complete important HR functions by summarizing, authoring, and recommending content,” said Chris Leone, EVP of applications development for Oracle Cloud HCM.
Leone mentioned that Oracle has already identified over 100 high-value scenarios for generative AI in HR and is just scratching the surface.
Through the use of proprietary data
Enterprises can utilize their proprietary data to refine these generative AI capabilities, tailoring them to specific business needs. This level of control not only enhances accuracy but also ensures the security of sensitive and proprietary information.
“Oracle is rapidly adding AI capabilities to its business applications, and HCM is a frontrunner, achieving unprecedented efficiencies for managers, employees, and HR professionals through generative AI,” said Holger Mueller, principal analyst and VP at Constellation Research.
Mueller added that Oracle has an advantage over its HCM competitors due to OCI’s superior ability to run generative AI workloads in the cloud. By engineering applications and infrastructure together, Oracle can deliver more integrated, faster, and cost-effective processes, providing a competitive advantage for enterprises.
It is worth noting that the generative AI update for Oracle Fusion Cloud HCM comes shortly after the company’s announcement of developing a new cloud service in collaboration with Cohere, a Toronto-based company. This service aims to simplify the training of customized large language models (LLMs) for enterprises, as revealed by Oracle’s founder and CTO, Larry Ellison, during the company’s fourth-quarter earnings call.
