At Oracle OpenWorld 2010, the company announced Oracle Fusion Applications, the next generation of business applications from Oracle.
FRANCISCO-On the opening day of the Oracle OpenWorld 2010
show here, Oracle announced Oracle Fusion Applications, the next generation of
business applications from the database giant.
an opening keynote, Oracle Chairman and CEO
Larry Ellison said that by setting the standard for application architecture,
design and deployment, customers will be able to extend the value of their
applications environment by using Oracle Fusion Applications components side-by-side
with their existing applications portfolio.
as a complete suite of modular applications, Oracle Fusion Applications co-exist
with existing Oracle applications, Ellison said. As one module, a product
family or the entire suite, customers can choose to leverage the advances
pioneered by Oracle at a pace that matches business needs for a new level of
will continue to support the Siebel and PeopleSoft applications we have,"
from the ground up and leveraging the latest technology advances and
incorporating best practices gathered from Oracle's thousands of customers,
Oracle Fusion Applications are 100 percent open standards-based business
applications that set a new standard for users to innovate, work and adopt
technology, the company said in a press release about the technology.
Fusion Applications provide functional capabilities with more than 100 modules
in seven product families, providing functionality for many industries and
geographies- Financial Management, Procurement and Sourcing, Project and
Portfolio Management, Human Capital Management, Customer Relationship
Management, Supply Chain Management, and Governance Risk and Compliance, the
Fusion Applications bring a new era of application software and technology
investments going forward," said Steve Miranda, senior vice president of
Oracle Application Development, in a statement. "To set a new standard, we
listened and gathered the best practices from thousands of customers to deliver
the first 100 percent open and standards-based business applications. Beginning
today, Oracle Fusion Applications define how organizations innovate, work and
Fusion Applications are built on a service-oriented architecture (SOA)
foundation, Ellison said. Oracle Fusion Applications give users the ability to
manage functions across a heterogeneous environment, such as Distributed Order
Orchestration and Shared Services Procurement. The applications also feature
role-based experience and embedded business intelligence. Oracle Fusion
Applications feature a role-based user experience that integrates embedded
business intelligence, exception-based alerts and collaboration capability
delivered together in the context of the work being performed.
Oracle Fusion Applications are built on a foundation of 100 percent
standards-based middleware using a service-oriented approach and a common data
model. This modern approach benefits both business and IT-accelerating the pace
of change and innovation while simultaneously lowering both short- and
long-term costs. In addition, simplified configuration and a common data model
enable a change-once-change-everywhere approach to business-speeding the pace
of innovation and reducing the obstacles and delays.
Fusion Applications provide organizations with choice and flexibility to adopt
in a modular fashion, to adopt a range of deployment choices, and to scale up
or down as business needs change. And self-service administration interfaces,
functional configuration guides and tools, and an integrated help system with
embedded video training for business users provide state-of-the-art training on
implementation patterns and end-user training.
addition, Oracle Fusion Applications offer a complete set of deployment options-from
on-premises to private clouds, public clouds and business process outsourcing.
or hybrid combinations of these, the company said. The ability to implement in
a modular fashion and to co-exist with existing applications from either Oracle
or third parties provide customers choice in adopting Oracle Fusion
Applications without having to necessarily rip and replace existing investments.