Orcale has launched its Public Cloud offering, a set of integrated services that provide customers with subscription-based, self-service access to Oracle Fusion Applications, Oracle Fusion Middleware and Oracle Database, all managed, hosted and supported by the company.

Oracle CEO Larry Ellison announced the Oracle Public Cloud last week. The Oracle Public Cloud includes Oracle Fusion Customer Relationship Management (CRM) cloud service, Oracle Fusion Human Capital Management (HCM) cloud service, Oracle Social Network, Oracle Java cloud service and Oracle Database cloud service.

The company said that the Oracle Public Cloud runs on Oracle Engineered Systems, providing customers and partners with a reliable, elastic, and secure infrastructure for their critical business applications.

It claimed that the Oracle Public Cloud is the only public cloud that offers customers a complete range of business applications and technology offerings, avoiding the problems of data and business process fragmentation when customers use multiple siloed public clouds.

The offering provides customers with flexible deployment by enabling them to run the exact same business applications in the cloud and on-premise, said Oracle. Customers can also take existing standard Java and Oracle Database applications and deploy them to the Oracle Public Cloud without rewriting them, it added.

Oracle CEO Larry Ellison said the Oracle Public Cloud is both a platform as a service and applications as a service.

"The key difference is the Oracle Public Cloud is based on industry standards and supports full interoperability with other clouds and your datacenter on premise," Ellison said.