Summarizing Insights with Generative AI

Insights now provides the ability to use Generative AI (GenAI) to automatically generate a narrative summary for a single insight or group of insights.

Applies To: Enterprise Profitability and Cost Management, FreeForm, Planning, Tax Reporting

Insight summaries can be used in these ways:

  • For a single insight, to provide additional context beyond the brief rule-based description in the insight.
  • For multiple insights, based on a parent member, to generate a summary that evaluates the parent member and all of its children. This summary can help you zero in on the root cause for the insight, and makes it easy to share an analysis of a set of insights with colleagues.

For a single insight, GenAI evaluates the existing analysis, metrics, methods, and rule-based summary, and using Large Language Models, generates a meaningful narrative description about the insight:

Narrative summary for a single insight

Narrative summary for a single insight

For a narrative summary of a set of insights, based on the selected parent member, GenAI evaluates all of the insights of the selected type for the parent members and their children for the specified POV and generates a meaningful summary description. For example, it can identify the child member or members that are contributing to the parent insight and describe the impact. In this example, the summary shows that the forecast variance and bias insight for Computer Equipment is driven by two children of Computer Equipment—Sentinel Standard Notebook and Envoy Custom Notebook and describes their impact on the parent insight:

Narrative summary for a set of insights

Narrative summary for a set of insights

Business Benefit: Utilizing the power of Generative AI to generate summaries of insights allows users to share more meaningful detailed information about insights with colleagues. The summaries also make it easier to share summarized information about a set of insights with colleagues.

Steps to Enable

To enable Generative AI to summarize insights:

  • From the Home Page, click Application, and then click Settings.
  • In the Enable AI section, select Generative AI to enable insight summaries.

Tips And Considerations

  • Insight summaries use GenAI. Output from GenAI may not always be factual, accurate, or appropriate. You are responsible for reviewing and using GenAI output at your discretion.  
  • The Insights Generative AI summary feature requires an EPM Enterprise Cloud service subscription.
  • For the initial release, narratives are generated in English only.
  • Summaries are available for all insight types.
  • For narrative summaries for multiple insights, the analysis reviews and summarizes only a single insight type at a time.
  • Administrators need to re-run existing insights for users to be able to see the AI summary.
  • The GenAI feature is available only for OCI environments, and it is not yet available in all OCI regions. To view the regions where it is available, refer to Availability of Generative AI in the Oracle Enterprise Performance Management Cloud Operations Guide.

Key Resources