By Lekha Gupta
Publication Date: 2026-04-02 21:30:00
Oracle Corporation Shares rose during Tuesday’s premarket session. The company announced a new AI-powered solution designed to improve restaurant operations.
This development comes as the broader market posted gains on Monday, with the technology sector gaining 1.01%.
Details
Oracle and Oracle NetSuite on Tuesday introduced Oracle NetSuite Restaurant Operations, an AI-powered platform to unify back-office functions for restaurants.
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The solution centralizes inventory, procurement, planning and financial data in one system, providing real-time insights and automation to improve efficiency and profitability. It integrates with Oracle Simphony Cloud and other POS systems, providing a unified view of business performance.
The company said the platform helps reduce complexity, automate routine tasks and support faster decision-making.
The solution is expected to launch globally within 12 months and supports more than 110 countries, 190 currencies and 27…
