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Ellison talks up open-standards Oracle Fusion apps

ZDNet - The next generation of the Oracle's Fusion applications will be available on general release from the first quarter of next year, the company's chief executive Larry Ellison said during a keynote speech at Oracle OpenWorld on Sunday. The new suite of apps will be available to a selection of current customers at the end of this year, but Ellison says they will be available more widely from the start of 2011. The development of Oracle Fusion Apps is the culmination of several years' work, and the new suite of modular apps is based completely on open standards, which the company says benefits both IT and business by lowering short and long-term costs.