In a recent blog, my colleague, Yaldah Rashid, shared , . She highlighted the importance for companies of all sizes and industries to have access to the most complete, connected SaaS suite of applications built with artificial intelligence (AI) and machine learning (ML) across all business functions. AI has indeed become a corner stone for any company looking at accelerating their digital transformation journey. from the latest version of the e-book
Employees are eager to join companies which are on board with AI
A recent global research shows that organizations that don’t embrace AI in finance will miss out on the next generation of talent: Gen-Z and Millennials employees expect employers to leverage the same technologies that they’re accustomed to in their personal lives and will favor organizations taking advantage of AI in finance over those that don’t. Millennial employees are nearly 4X more likely than Baby Boomers to want to work for a company using AI to manage finance.
That’s good news for the increasing number of companies which have already deployed to improve employee productivity and satisfaction. For example remote employees can now. get accurate and fast answers to their policy questions, health and safety concerns, and self-service requests. Employees and even customers can also monitor complex supply chain activities—such as orders and shipments— and receive up-to-date forecasts, thanks to AI-enabled digital assistants.
Building your business for the future with AI-enabled apps
Digital assistant is just one example of AI in action. AI-enabled apps can analyze large amounts of internal and external data to automate repeatable tasks, reduce costly human errors, improve employee engagement, improve predictions, and make personalized recommendations across lines of business such as finance, operations, HR, sales, and marketing.
With AI, ML, and IoT capabilities now being built directly into cloud solutions, customers can harness their potential right out of the box, so you can get started with truly business-changing technologies without the need to invest in complex projects or costly, hard-to-find skill sets.
Oracle brings a stream of continuous innovation delivered via quarterly updates directly within the SaaS application. Companies can activate as needed, making SaaS an appreciating, rather than depreciating, investment for your businesses. It has truly become innovation-as-a-service!
Check your cloud provider’s capabilities
80% of executives say their organizations are planning big moves in 2021, according to a recent research by MIT Technology Review Insights. Will your cloud provider help you to accelerate these strategic moves or instead ? Some key capabilities you should look for in a SaaS provider include:
Emma Hitzke is passionate about how new technologies can solve real business problems and be the positive force behind societal progress. She got her first experience at Motorola (remember the smallest phone in the world, the StarTAC?). She then went on a journey working with startups and Fortune 500 companies (PwC, IBM, Intel) on software, microprocessors, wearables, IoT, and AI. She may have at some point worn three smartwatches. Since joining Oracle in 2019 as senior product marketing director for emerging tech, she has been living and breathing advanced technologies and cloud-based applications. A native from France, Emma moved to California and currently resides in San Francisco with her husband, son, and two chickens. She is still thinking about equipping their coop with IoT sensors.