Oracle Applications in the Cloud - Fusion
One of the news worthy item today was Oracle plans new cloud-based products, first Ellison tweet Larry Ellison will do his first Tweet in early June to mark the announcement of the new Cloud based offerings from Oracle. Today web based software accounts for $1 billion or so in revenues for Oracle. I noted Tom Kyte (@OracleAskTom) recently started tweeting as well! There was an article recently in Computerworld Why Oracle Fusion Apps customers overwhelmingly prefer cloud deployment where Oracle Fusion Applications customers have shown interest in the hosted applications by Oracle. Most of the early Fusion Application customers are on the "Cloud for the initial years. I understand, this frees the customer from the worries of infrastructure for this new technology and worry on the business adoption of the Fusion Applications as it gradually replaces Oracle E-Business Suite, JD Edwards, Peoplesoft and Siebel Applications. This is the SaaS or the Sofware as a Service model for d