| Oracle has a rich history of offering applications as cloud services, starting more than a decade ago when we pioneered the concept of accessing applications on demand. Today, Oracle is recognized as one of the world’s leading providers of cloud applications services, with over 5.5 million users worldwide accessing our applications in the cloud. We also offer the industry’s most complete choice of deployment models to support our customers, from subscription-based services and customer-owned applications hosted at Oracle, to on-premise private cloud deployments. When it comes to product choice, Oracle also leads in the cloud. Each module in Oracle’s extensive portfolio of horizontal and industry applications can be hosted through Oracle On Demand services, or through Oracle partners. We also offer a rich set of subscription-based services, such as Customer Relationship Management, Human Capital Management and Procurement. Oracle Fusion Applications take our cloud leadership to an entirely new level. Fusion Applications are a complete and modular set of enterprise applications, engineered from the ground up to be cloud-ready and coexist seamlessly in mixed environments. Fusion Applications offer better productivity and empowerment for the user, with a personalized role-based experience. Fusion’s standards-based platform, built on common components, offers developers unparalleled ease of application extension. And Oracle Fusion Applications deliver more value for the business with an integrated suite that can be adopted in a modular fashion, enabling rapid business innovation without the fragmentation challenges of niche solutions. | 
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