Accenture and oracle We have expanded our partnership to help clients accelerate the adoption of generative artificial intelligence in financial organizations.
The new solutions provided through this collaboration are: CFO The companies said in a press release on Monday (May 6) that they will restructure their financial planning and analysis to optimize operations and drive growth.
“Our clients are passionate about moving beyond generative AI experimentation toward value realization.” LanguanAccenture's chief AI officer said in a release:
In collaboration, we use Oracle Cloud Infrastructure (OCI) generated AI Provide real-time data analysis to finance teams, Recommendations, and Accenture's own switchboard to It will help these teams select foundation models based on cost, accuracy, and other factors, according to the release.
together, The capabilities of both companies Enabling finance teams to use data, AI, and machine learning algorithms for procurement spend. analysis; Demand for financial planning and analysis forecast; Create dynamic scenario plans for each release.
PYMNTS Intelligence finds that generative AI is the latest in a series of transformative technologies it is Finance and banking restructuring.
Fields of application of this technology financial sector PYMNTS IntelligenceAI-powered banking: Financial services sector leverages generated AI for security and services”
The report also found that 83% of financial professionals believe their institutions are interested in generative AI.
Accenture announced in March that it would invest $1 billion in a new AI-driven learning platform. learn bandage, will help clients reskill and upskill their workforces in technology over the next three years.The company acquired an EdTech company Judas City To enhance learning capabilities and meet the growing demand for technical skills such as: Generation AI.
Oracle announced in March that it had added new features. Generation AI its ability Fusion Cloud Application Suiteembed them into existing business workflows across finance, supply chain, human resources, sales, marketing, and service.
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