As the number of artificial intelligence tools and models used by businesses continues to grow, tracking spending is becoming a new challenge for finance and IT departments. To address this need, Oracle announces the launch of Oracle Cost Advisor for AI, a service designed to provide greater visibility into AI-related usage costs and make them easier to manage.
Available on a Limited Availability basis, this new solution centralizes consumption and spending data from different providers, models, applications and teams. In particular, it can analyze costs by user, application, workflow or AI model. The first supported sources include OCI Enterprise AI, as well as tools offered by OpenAI and Anthropic.
Beyond spending monitoring, Oracle Cost Advisor for AI is intended to bring this information into the company’s financial processes. Initially integrated with Oracle Fusion Cloud EPM, the service makes it possible to link AI-related costs to budgets, cost centers, managers and approval workflows. Finance and IT teams therefore have a shared foundation for monitoring consumption, forecasting spending and allocating responsibilities more effectively.
The solution is also designed to facilitate the identification of unusual spending, budget overruns and optimization opportunities. For example, it can flag the use of an AI model that is more expensive than an alternative suited to certain comparable tasks. Teams can then review the recommendations, assess potential savings and verify that performance still meets their needs before changing their usage.
With Oracle Cost Advisor for AI, Oracle is therefore extending Oracle Fusion Cloud EPM’s management capabilities to a new area of spending: artificial intelligence. This approach reflects the changing needs of businesses, which now seek to support AI adoption while maintaining better control over its costs.
During this initial limited-availability phase, Oracle states that the service will be offered at no additional cost to existing Oracle Fusion Cloud EPM customers. For general availability, the vendor also plans to make this information accessible in ChatGPT and Business Intelligence tools during the following calendar year.
source: Oracle
