Oracle: Half our customers will shift to Fusion

Oracle has revealed more details on how it will proceed with its Fusion applications, which were largely overshadowed by the company's Exadata and Exalogic hardware at Oracle OpenWorld.

At an analyst briefing on Thursday, Oracle executives said they think half of its customers will upgrade to Fusion applications within five years of their release. In addition, Oracle said it has 93 percent of its E-Business Suite customers on the two most recent Fusion releases. The enterprise software portfolio includes tools for customer relationship management, enterprise resource management, financials and other business functions.

Fusion pricing was not formally released. However, Oracle said that "if customers are active on support, they will get 'like-for-like' credit, and customers won't have to pay again, although new modules will of course be extra," according to JMP Securities analyst Patrick Walravens. The company also said subscription pricing will be available, and there will be traditional perpetual licenses and subscriptions, Walravens added.

For more on this ZDNet UK-selected story, see Oracle: Half of customers will upgrade to Fusion apps over five years on ZDNet.com.