Oracle has launched Fusion Applications that allow customers to extend the value of their applications environment by using it’s components with their existing applications portfolio.
The company said that the new applications provide functional capabilities with over 100 modules in seven different product families.
The applications’ functionality supports industries and geographies including financial management, procurement and sourcing, project and portfolio management, human capital management, customer relationship management, supply chain management, and governance risk and compliance.
The new applications provide service-oriented architecture, role-based user experience, and embedded business intelligence.
These are built on standards-based middleware using a service-oriented approach and a common data model, simplified configuration and a common data model, which enables a change-once-change everywhere approach to business.
The company said that the applications offer a complete set of deployment options from on premise, to private clouds, public clouds, and business process outsourcing or hybrid combinations of these.
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Further, its ability to implement in a modular fashion and to co-exist with existing applications from either Oracle or third parties provides customers the choice in adopting Fusion Applications without having to necessarily rip-and-replace existing investments.
