In an exclusive interview, Oracle’s Steve Miranda shares insights on how AI agents are transforming business processes and enterprise applications. He discusses the significant shift from traditional applications to AI-powered solutions, enhancing efficiency through automation. Miranda highlights the ability for companies to customize these AI agents to meet their specific needs, leading to cost savings and improved workflows. He emphasizes that Oracle’s AI agents come at no extra cost within their subscription, promoting accessibility for all customers. With continued advancements in agent workflows and orchestration, Oracle aims to help businesses operate more efficiently and adapt to future challenges in various industries.
AI Agents Transforming Business Processes: Insights from Oracle’s Steve Miranda
In a recent interview, Steve Miranda, Oracle’s executive vice president of applications development, discussed the revolutionary role of AI agents in reshaping business processes. Joined by Bob Evans from Cloud Wars, Miranda highlighted how these intelligent systems are streamlining workflows and personalizing enterprise applications across various industries.
Key Highlights from the Discussion:
Interplay Between Agents and Applications:
Miranda emphasized that AI agents are increasingly essential for modern business applications. This shift is as significant as the transition from mainframes to Software as a Service (SaaS). Instead of just self-service applications, companies are adopting AI-powered solutions that seamlessly incorporate these agents.
The Role of Agents in Business Processes:
AI agents are transforming fundamental business functions, such as recruitment, by automating previously manual tasks. Miranda noted that this integration leads to more efficient applications, allowing businesses to operate more effectively.
Extensibility and Customization of Agents:
Oracle offers its clients the ability to personalize and expand these AI agents to cater to their specific needs. Miranda expressed excitement about how user-friendly these agents are, which democratizes technology access for businesses looking to enhance their applications.
Customer Feedback and Excitement About Agents:
Customers have expressed enthusiasm over the potential for AI agents to automate processes and generate significant cost savings. Companies are beginning to realize the advantages of automating tasks that were once done manually.
Future of Agent Workflows and Orchestration:
Miranda discussed ongoing advancements in agent workflows and orchestration to help businesses automate and manage transactions more efficiently. This will continue to evolve, leading to greater operational efficiency.
Pricing Strategy for AI Agents:
An interesting point Miranda made is that Oracle does not charge extra for these AI agents; they are included in the subscription for applications. This approach ensures that customers receive continuous updates and new features without additional costs.
Overall, AI agents are proving to be game-changers in enhancing business processes and improving efficiency across industries. With Oracle leading this charge, the future looks promising for companies ready to embrace this technology.
Keywords: AI agents, business processes, Oracle applications, automation, enterprise applications.
What are AI agents in enterprise applications?
AI agents are smart software tools that help businesses automate tasks and improve decision-making. They analyze data and perform actions to make work easier for employees.
How do AI agents benefit businesses?
AI agents save time and reduce errors. They can handle repetitive tasks, provide insights from data, and help teams focus on important work. This boosts productivity and efficiency.
Can AI agents understand human language?
Yes, many AI agents use natural language processing. This allows them to understand and respond to questions in simple language, making it easier for users to interact with them.
Are AI agents secure for business data?
AI agents can be designed to prioritize security. They use encryption and follow strict protocols to protect sensitive business information, ensuring that data is safe.
How can my business start using AI agents?
Getting started is easy. Businesses can begin by identifying repetitive tasks that AI agents can handle. Then, they can choose the right software solution and provide training for employees to use the tools effectively.
