The business applications development team designs and develops Oracle's applications software (also known as business software). In our division, several engineering teams code and develop Oracle Application products, including Oracle Fusion Applications; Oracle E-Business Suite; Oracle's JD Edwards EnterpriseOne, JD Edwards World, and PeopleSoft applications; Oracle Supply Chain Management; Oracle customer experience solutions (such as Oracle Commerce); and Oracle Cloud Solutions (including Oracle Talent Management Cloud).
We also have teams to support the design, development, positioning, marketing, and selling of the applications products. These include Oracle Applications Labs, functional architecture, technical architecture, product marketing, product management, strategy, user experience, customer management, information development, and learning.
Oracle Applications Labs is one example of the teams working to support the applications products. Oracle Applications Labs is the organization responsible for internal deployment and use of Oracle's ERP, CRM, and BI tools. We drive margin and product improvement programs, act as a showcase and early adopter for Oracle products, and fulfill the system consolidation needs of ongoing acquisitions. We run the applications that run Oracle, drive product enhancements based on our experience, and share best practices with customers. For example, Oracle Applications Labs eliminated and replatformed all major Sun IT systems in less than 12 months and $50 million under budget, resulting in operational savings of $1.5 billion. Based on our experience using the latest Oracle technology, we also blaze trails for customers to follow by sharing publications that quantify the ROI of key Oracle IT initiatives and the best practices customers need to replicate them.
