These include separate C3Generative AI for Dynamics 365, Oracle ERP, NetSuite, Palantir, SAP, ServiceNow, Snowflake, and Workday. CEO Tom Siebel said during the company’s recent webcast for earnings for the first quarter ended July 31 that these applications will be live in 12 weeks. The company also released applications for 28 industries this month, including aerospace, defense, financial services, healthcare, intelligence, manufacturing, oil and gas, telecommunications, and utilities. Siebel cited the impact of products on the quarterly results. “We experienced strong traction with our enterprise AI applications and especially strong traction with C3 Generative AI,” Siebel said during the webinar. The company lost $64.4 million for the most recently ended period, 10.5 percent less than the $71.9 million lost a year ago. Revenue for the quarter was $72.4 million, an 8 percent rise from $65.3 million in last year’s corresponding period. C3 AI reported slightly more than $11 million in professional services revenue, a rise of 32.8 percent from $8.3 million.
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C3 AI RELEASING ERP TOOLS Featured
C3 AI, which makes a variety of AI products, is releasing a generative AI tool for some important business software systems.