Monday, January 23, 2006
Oracle's Fusion Halfway Home
Oracle's Fusion Halfway Home: "Red carpets and champagne. Live music and appetizers. Must be the Golden Globes. Nope. It's a geeky Oracle (ORCL:Nasdaq - commentary - research - Cramer's Take) event aimed at convincing customers that the database giant's plans to build a super suite of software products are well on track.
Charles Phillips, Oracle's co-president and the point man on the company's $19 billion acquisition binge, said that his developers are ahead of schedule and expect to roll out the Fusion application suite in 2008.
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'Oracle is halfway to Fusion,' Phillips said. 'A year later, we're 50% done and that's the tough half. (We're) pretty proud of that,' he told an audience Wednesday of about 1,800 at San Francisco's City Hall.
Fusion will take what Oracle calls the best features of applications originally developed by PeopleSoft, J.D. Edwards, Retek, soon-to-be-acquired Siebel Systems (SEBL:Nasdaq - commentary - research - Cramer's Take), other acquisitions and Oracle itself and combine them into a unified set of applications. Pieces of the new architecture will be appearing in upgrades to three major suites as early as this year. "
Charles Phillips, Oracle's co-president and the point man on the company's $19 billion acquisition binge, said that his developers are ahead of schedule and expect to roll out the Fusion application suite in 2008.
1. Google Catches Cold
2. Intel: What Went Wrong
3. 10 Hot Techs That Aren't Apple or Google
4. Intel Takes Body Blow
5. Radio Calls Out to Google
'Oracle is halfway to Fusion,' Phillips said. 'A year later, we're 50% done and that's the tough half. (We're) pretty proud of that,' he told an audience Wednesday of about 1,800 at San Francisco's City Hall.
Fusion will take what Oracle calls the best features of applications originally developed by PeopleSoft, J.D. Edwards, Retek, soon-to-be-acquired Siebel Systems (SEBL:Nasdaq - commentary - research - Cramer's Take), other acquisitions and Oracle itself and combine them into a unified set of applications. Pieces of the new architecture will be appearing in upgrades to three major suites as early as this year. "
