The announcements link industry-specific SaaS solutions and generative AI capabilities, two pillars of Oracle’s cloud business strategy. AI-fueled enterprise demand for cloud database services represents a third source of anticipated growth, Oracle CEO Safra Catz said during the earnings call, for the period ending Aug. 31.
As organizations assess the viability of generative AI use cases, cloud providers are rapidly deploying enterprise-grade models and integrating the technology into existing services, such as ERP, CRM and data analytics software.
