Oracle recently announced the addition of generative AI-powered capabilities within Oracle Fusion Cloud Human Capital Management (HCM). Supported by the Oracle Cloud Infrastructure (OCI) generative AI service, the new capabilities are embedded in existing HR processes to drive faster business value, improve productivity, enhance the candidate and employee experience, and streamline HR processes. Key new capabilities will include: assisted authoring, suggestions, and summarization.
Built on OCI and leveraging its best-in-class AI services, the embedded generative AI capabilities within Oracle Cloud HCM are designed to provide high levels of security, performance, and business value. Built-in prompts help you get the best results while helping reduce undesirable side effects such as factual errors and bias. With Oracle Cloud HCM, you use your own data to refine models for your specific business needs—each customer’s dedicated generative AI models are only tuned on their own proprietary data. By giving you control of the data used by generative AI, Oracle is helping keep sensitive and proprietary information safe.
“We have already identified more than 100 high-value-added scenarios for generative AI in HR. But we’re only just getting started! With the help of customers, who drive approximately 80 percent of updates to our products, we are continually embedding new use cases that enable organizations to embrace continuous innovation and perpetually improve HR processes and productivity,” said Chris Leone, executive vice president, applications development, Oracle Cloud HCM.
Check out all the details in the press release.
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