Dive Brief:

• Oracle Chairman and Chief Technology Officer Lawrence Ellison indicated in a Monday earnings call that he expects artificial intelligence agents — tools designed to perform workplace tasks — to eventually become embedded throughout the company’s portfolio of enterprise software products.
• “All of our applications are becoming AI agents,” Ellison said.
• The software giant already has “literally dozens” of agents that are embedded in applications, including in areas such as finance and human capital management, Oracle CEO Safra Catz said during the call.

Dive Insight:

Agentic AI has the potential to make knowledge workers more productive and to automate multi-step processes across business functions, according to a November article published by Deloitte’s Center for Technology Media and Telecommunications. 

Deloitte predicts that one out of four companies currently using generative AI will launch agentic AI pilots or proofs of concept this year, with the figure growing to 50% by 2027.

Oracle is among several enterprise software companies that have begun rolling out products leveraging the technology.

During its annual CloudWorld conference in September, Oracle said it was releasing more than 50 role-based AI agents within its Fusion Cloud applications suite. 

Among other tools, the company announced a “ledger agent” designed to help organizations monitor and analyze account balances, exceptions, and anomalies as well as detect if revenue for a specific line-of-business is off forecast before the quarter end. It also announced an “advanced prediction agent” capable of delivering revenue forecasts by leveraging internal and external data factors.