Oracle, a computer software company, has integrated generative AI-powered capabilities into its Oracle Fusion Cloud Human Capital Management (HCM) intended mainly for the use of human resources department.
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.
“With the ability to summarize, author, and recommend content, generative AI helps to reduce friction as employees complete important HR functions,” said Chris Leone, executive vice president, applications development, Oracle Cloud HCM.
According to Leone, with the new embedded generative AI capabilities in Oracle Cloud HCM, customers will be able to take advantage of large language models to drastically reduce the time required to complete tasks, improve the employee experience, enhance the accuracy of workforce insights, and ultimately increase business value.”
Dedicated generative AI models
With Oracle Cloud HCM, customers use their own data to refine models for their specific business needs — each customer’s dedicated generative AI models are only tuned on the customer’s own proprietary data.
The new generative AI capabilities in Oracle Cloud HCM bolster existing embedded AI capabilities already in use by thousands of users and will help to transform candidate, employee, manager, and HR team productivity by streamlining processes and automating content generation within a single integrated solution.
Assisted Authoring enables employees, managers, and HR leaders to quickly and easily author content and significantly improve productivity and time efficiency. Using a short prompt, such as a draft title for a job requisition or performance goal, the new generative AI capabilities can quickly generate content for users to review, revise, and approve so that they can focus on more value-added activities.
“We have already identified more than 100 high-value-added scenarios for generative AI in HR. But we’re only just getting started,” Leone said. “With the help of customers, who drive approximately 80% 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.”
Oracle Cloud HCM generative AI services are powered by OCI. Leveraging OCI Supercluster, which includes bare metal compute with NVIDIA GPUs and the highest bandwidth RDMA network in the cloud, OCI accelerates LLM training with the highest performance at the lowest cost. OCI’s generative AI services provide end-to-end security and help ensure that customers have complete control and full ownership of their data.
Natively built for the cloud, Oracle Cloud HCM is a complete solution connecting every human resource process from hire to retire. By connecting all employee data on a single platform, HR teams have access to a single source of truth to help inform their people strategy. Built-in AI acts as an advisor to help analyze workforce data and surface recommendations to help HR teams improve business operations.