Oracle to stake out large presence in SaaS business management market
Updated: 2009-10-16Software giant Oracle is expected to enter the cloud computing market in a bold way with the upcoming release a suite of 43 software-as-a-service (SaaS) business management applications, the company's senior vice president Anthony Lye told Reuters in an interview at an investor conference in San Francisco.
The move would bring Oracle into the cloud computing sector - which it has been "slow to enter," Reuters noted - and would give it the largest selection of SaaS business management applications, even more so than major cloud computing players Salesforce.com and SAP.
Lye told Reuters that the applications would be available next year as part of Oracle's Fusion Apps software, in which customers can either buy programs to run in their own data centers or private clouds, or can purchase the on-demand solutions from Oracle.
This development comes on the heels of the much-anticipated presentation by Salesforce.com founder and CEO Marc Benioff at the Oracle OpenWorld conference in San Francisco this week, which turned out to be friendly and cooperative despite the fact that Oracle CEO Larry Ellison has been a vocal critic of cloud computing and that the two CEOs reportedly had a falling out in recent years.
