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tickers: ORCL
source: Benzinga
ticker | polarity | why? |
---|---|---|
ORCL | positively | The new AI enhancements in Oracle’s Textura Payment Management and the introduction of the Oracle Energy and Water Data Exchange are likely to enhance operational efficiency and data management capabilities, which could positively affect ORCL’s stock by attracting more clients and increasing revenue streams. Additionally, the real-time support and AI-driven insights offered by these innovations can improve user satisfaction and customer retention, further boosting ORCL’s market position and potentially leading to a positive impact on the company’s financial performance. |
Oracle Corporation has unveiled several new features and launches at the recent Oracle Customer Edge Summit, focusing on enhancing its offerings in both the construction and cloud sectors.
The tech giant introduced new AI agent features integrated into the Oracle Textura Payment Management Cloud Service. This AI-powered assistant is now available to all Textura subcontractors in the U.S. It provides real-time, tailored support, helping users quickly find answers to frequently asked pay application questions and complete essential tasks. Mike Antis, global vice president at Textura, highlighted the benefits of this enhancement. “With the ability to get in-app, real-time assistance 24/7, we are helping our general contractor customers improve the relationships with their subcontractors while reducing costly support calls.” In addition to providing support, this improvement aims to enhance the experience for the 200,000 subcontractors who log in to Textura each month, asssiting them in quickly finding the answers they need.
Oracle also introduced Oracle Energy and Water Data Exchange, a cloud-based solution that streamlines data integration and sharing, while providing AI-driven insights. This solution is designed to help cloud developers, data scientists, and analysts accelerate projects such as data mining and predictive analytics. Hillary Martin, vice president of analytics and innovation at Oracle Infrastructure, said, “By cleansing, organizing, and adding the appropriate meaning to an organization’s data, Oracle Energy and Water Data Exchange makes data easier to find, understand, and leverage for AI and advanced analytics use cases that can transform raw data into actionable insights.”
Investors interested in gaining exposure to Oracle’s stock may consider the Pacer Funds Pacer Data and Digital Revolution ETF and the iShares Expanded Tech-Software Sector ETF. As of the last check, ORCL shares were down 0.90% at $164.57.
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