Oracle Boosts AI In Construction And Cloud With New Innovations At Customer Edge Summit
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  • Oracle unveils AI agent features for Textura Payment Management, enhancing subcontractor support.
  • Introduces Oracle Energy and Water Data Exchange to streamline AI-driven data integration and analytics.

At the Oracle Customer Edge Summit, Oracle Corporation ORCL disclosed several new features and launches.

The company unveiled new AI agent features integrated into the Oracle Textura Payment Management Cloud Service.

This AI-powered assistant, available to all Textura subcontractors in the U.S., offers real-time, tailored support, helping users quickly find answers to frequently asked pay application questions and complete other essential tasks.

Mike Antis, global vice president, Textura said, “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.”

”This enhancement helps improve the experience for the 200,000 subcontractors who log in to Textura each month, assisting them to quickly find the answers they need to get paid and focus more of their time on the job at hand.”

Read: Oracle Enhances Cloud HCM With AI, Helping Businesses Improve HR Efficiency

Also, Oracle introduced Oracle Energy and Water Data Exchange, which is a cloud-based solution designed to simplify data integration, sharing, and AI-driven insights.

With this solution, cloud developers, data scientists, and analysts can accelerate key projects such as data mining, predictive analytics, and generative AI applications.

Hillary Martin, vice president of analytics and innovation, Oracle Infrastructure stated, “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.”

Last month, Oracle launched the Oracle US Gov West (Phoenix) and Azure US Gov Arizona (Phoenix) regions for Oracle Interconnect for Microsoft Azure.

This allows joint customers to seamlessly migrate workloads to Oracle Cloud Infrastructure and Azure FedRAMP High-authorized environments.

Investors can gain exposure to the stock via Pacer Funds Pacer Data and Digital Revolution ETF TRFK and iShares Expanded Tech-Software Sector ETF IGV.

Price Action: ORCL shares are down 0.74% at $164.83 at the last check Monday.

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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