On March 24 (Tuesday) at 4:00 PM Beijing Time through March 25 (Wednesday) until 1:45 AM, at the Oracle AI World event in London, global software giant Oracle (ORCL.US) is set to announce a major overhaul of its cloud-based financial software designed for large enterprises. The update will enable the software to collaborate with AI agents, with the goal of allowing users to pose business questions to the system, after which the AI will determine how to retrieve the relevant data. This shift is part of a broader trend where enterprise software vendors are modifying their applications to be usable by AI agents, which can then perform tasks on behalf of human users. Simultaneously, it signifies Oracle's transition from a traditional software service model towards a new era fully adapted for AI agents.
Specifically, through this restructuring, Oracle aims to break away from the operational logic of traditional Enterprise Resource Planning (ERP) systems. The goal is to transform the system from merely being a data storage warehouse into an active assistant capable of reasoning, decision-making, and execution. In the future, users will no longer need to manually handle tedious data entry or invoice processing. Instead, by interacting with AI agents, they can directly address complex strategic business issues, such as reducing product costs and improving efficiency, thereby freeing human resources from basic administrative tasks and redirecting them towards high-value activities like supplier negotiations and decision-making.
A core highlight of this transformation is the introduction of a new category called "Fusion Agentic Applications." This application system is powered by collaborative teams of specialized AI agents. Operating within strict security permissions and enterprise workflow frameworks, these agents can proactively perform tasks such as finding cross-departmental data and creating purchase orders.
To further build its ecosystem barriers, Oracle has also upgraded its AI Agent Studio development platform, adding an agent application builder. This tool allows customers and partners to quickly customize and deploy dedicated AI agents for their specific business scenarios without the need for coding.
In its latest developments, Oracle is updating its Fusion software suite, which covers core business tasks from factory production planning to customer receivables. Steve Miranda, Executive Vice President of Oracle Application Development, stated that the company's objective is to make it easier for businesses to focus on business problems, such as designing new products at lower cost and faster speed while minimizing supply chain disruption risks.
Steve Miranda indicated that the data required for making these decisions is scattered across various applications within the Oracle suite and its connected third-party software. AI will take on tasks like data entry, collection, and making suggestions, while human employees will increasingly focus on cultivating skills such as negotiating with suppliers and understanding the company's risk tolerance for supply disruptions.
Notably, Oracle has committed to providing these advanced AI agent capabilities free of charge to existing Fusion Applications customers, thereby enhancing its competitiveness and customer stickiness in the existing market.
Steve Miranda commented, "For your business or the person you know who is responsible for issuing invoices, typing invoices is not a particularly valuable skill." He added, "Decision-making will still, to some extent, depend on people, requiring the weighing of various pros and cons. But it is certain that execution work like invoice entry and purchase order entry will be entirely handled by AI."
From a capital market perspective, Oracle's move is not just a technological iteration but also a strong response to market skepticism. Previously, investor concerns that generative AI might disrupt and replace complex business software had put significant pressure on Oracle's stock price, which faced a drawdown of nearly 40% earlier in the year. In response, Oracle executives argued that the company's adoption of AI tools is intended to allow its software to adapt to these changes and maintain a leading position.
Now, by rapidly integrating over 1,000 AI agents deeply into its full product matrix—including supply chain, finance, marketing, and service—Oracle is demonstrating to the outside world how AI acts as a "booster" for the SaaS industry rather than a "gravedigger." This strategic transformation towards enhancing business resilience through AI reflects Oracle's aggressive stance in responding to structural industry changes and signals that the enterprise software market is entering a new phase dominated by AI-driven automated decision-making.
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