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Elevate Your HR with Oracle’s Cutting-Edge Generative AI
Oracle Cutting – Edge Generative AI is revolutionising HR. It boosts productivity, automates tasks, and ensures data security. Features like Assisted Authoring, Suggestions, and Summarisation streamline HR processes. Oracle prioritises customer feedback and offers high-performance AI services in the cloud. Industry experts foresee time and resource savings…
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Unlocking Efficiency and Productivity for the Future of HR
In a world of constant innovation, Oracle is at the forefront, leading the way with groundbreaking advancements. The latest announcement? The integration of generative AI-powered capabilities within Oracle Fusion Cloud Human Capital Management (HCM). This development marks a significant leap forward in HR technology, promising to revolutionise how businesses manage their workforce.
The Power of Generative AI
Generative AI is a game-changer, breathing new life into HR processes. According to Chris Leone, executive vice president of applications development at Oracle Cloud HCM, it’s all about “boosting productivity and unlocking a new world of skills, ideas, and creativity.”
With the ability to summarise, author, and recommend content, generative AI aims to reduce friction in completing critical HR functions. By embedding its capabilities into Oracle Cloud HCM, customers can harness the capabilities of large language models to drastically reduce task completion times. This not only improves the employee experience but also enhances the accuracy of workforce insights, ultimately increasing business value.
With the ability to summarise, author, and recommend content, generative AI aims to reduce friction in completing critical HR functions. By embedding its capabilities into Oracle Cloud HCM, customers can harness the capabilities of large language models to drastically reduce task completion times. This not only improves the employee experience but also enhances the accuracy of workforce insights, ultimately increasing business value.
Efficiency and Security at the Core
Built on Oracle Cloud Infrastructure (OCI), these generative AI capabilities prioritize security, performance, and business value. Built-in prompts ensure customers get the best results while minimizing undesirable side effects like factual errors and bias.
Oracle empowers customers by allowing them to use their data to refine models for their specific business needs. Generative AI models are fine-tuned exclusively on the customer’s proprietary data, preserving sensitive and proprietary information.
Oracle empowers customers by allowing them to use their data to refine models for their specific business needs. Generative AI models are fine-tuned exclusively on the customer’s proprietary data, preserving sensitive and proprietary information.
Transforming HR Processes
The new generative AI capabilities are set to transform HR processes for candidates, employees, managers, and HR teams by streamlining processes and automating content generation. Here are some key features:
- Assisted Authoring: This feature empowers employees, managers, and HR leaders to author content quickly and efficiently, whether it’s writing job descriptions, automated goal creation, or generating HR Helpdesk knowledgebase articles, freeing up time for more value-added activities.
- Suggestions: Guide users to achieve better and faster results by providing automated recommendations based on natural language processing and best practices. It reflects the language style and cultural DNA of the organisation.
- Summarisation: This capability increases efficiency by summarising key insights from multiple data sources, providing simple and impactful consumption of critical information.
Continuous Innovation
Oracle’s commitment to innovation is unwavering. With customer feedback driving around 80% of updates to their products, they’re continually embedding new use cases that enable organizations to embrace continuous innovation and improve HR processes and productivity.
Expert Opinions
Industry experts are already recognizing the potential of generative AI in HR:
- Kim Kohlman, Vice President of HCM Operations at Hearst, anticipates that generative AI will elevate both the workplace and the workforce, saving time and resources while driving meaningful business value.
- Gareth Abreu, Domain Principal for HCM Business Platforms at Co-op, is excited about the possibilities, from streamlining actions to elevating worker experiences.
- Holger Mueller, Principal Analyst and Vice President at Constellation Research, highlights Oracle’s advantage in running generative AI workloads in the cloud and its ability to deliver cheaper, faster, and more integrated processes.
Oracle Cloud HCM – Leading the Way
Oracle Cloud HCM generative AI services leverage Oracle Cloud Infrastructure (OCI) to provide high-performance capabilities. OCI’s accelerated LLM training ensures the fastest AI innovation in the industry.
Oracle Cloud HCM is natively built for the cloud, offering a comprehensive solution that connects every HR process from hire to retire. With AI acting as an advisor, HR teams have access to a single source of truth to inform their people strategy and improve business operations.
As the HR landscape evolves, embracing the technology is a strategic move. It streamlines processes, enhances efficiency, and empowers HR teams to focus on driving business success.
To explore how Oracle’s Generative AI can transform your HR processes, reach out to PCL, your Oracle HCM implementation partner. Together, we’ll help you stay ahead in the world of HR innovation.
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