At a Glance

  • Oracle Chairman and Chief Technology Officer Lawrence Ellison said on Monday's earnings call that he expects AI agents—tools designed to perform workplace tasks—will eventually be embedded in every aspect of the company's enterprise software portfolio.
  • "All of our applications are becoming AI agents," Ellison said.
  • The software giant currently has "dozens" of agents embedded in applications, spanning areas such as finance and human capital management, Oracle CEO Safra Catz revealed on the call.

Deep Dive

According to an article published in November by Deloitte's Center for Technology, Media & Telecommunications, agentic AI has the potential to boost knowledge worker productivity and automate multi-step processes across business functions.

Deloitte predicts that a quarter of companies currently using generative AI will launch agentic AI pilots or proof-of-concepts this year, with that share rising to 50% by 2027.

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

At its annual CloudWorld conference in September, Oracle announced the release of more than 50 role-based AI agents within its Fusion Cloud application suite.

Among these tools, the company released a "ledger agent" designed to help organizations monitor and analyze account balances, anomalies, and variances, and detect whether revenue for a specific business line is deviating from forecasts before the quarter ends. Additionally, it released an "advanced forecasting agent" capable of providing revenue forecasts using internal and external data factors.