Oracle has argued AI will strengthen its applications business, by giving customers new ways to use software and making them easier to implement. Co-CEO Mike Sicilia decided to defend applications in his first remarks on Oracle’s Q1 FY 2027 earnings call. “The introduction of AI is an accelerator, not a replacement for packaged applications,” he argued. “Before AI came along, application suites had already proven their effectiveness. Companies have been able to increase their profit margins because end-to-end automation of standardized and efficient business processes proved to be much more...

Source: The Register