Oracle releases artificial intelligence (AI) applications for manufacturing – DC Velocity

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Software finds patterns and makes predictions by analyzing data from IT platforms and IoT sensors. Business software giant Oracle Corp. said Monday it has launched a set of cloud-based artificial intelligence (AI) applications that can improve efficiency in manufacturing and supply chain operations by identifying patterns and making predictions based on vast amounts of data. Known as the "Adaptive Intelligent Applications for Manufacturing," the software uses machine-learning algorithms to analyze the data generated in production environments. The algorithms can spot production anomalies, identify their root cause, and predict events before they occur, the Redwood Shores, Calif., company said. Organizations can apply those results to reduce costs and increase yields by foreseeing faulty processes and tracking their impact at any point from inventory production through to customer delivery, Oracle said.