Larry Ellison, Oracle’s CEO, may have an issue with the (ab)use of the term “cloud computing” (and frankly it’s very hard to not agree with him) but the rest of his company seems busy preparing to embrace the IT-as-a-service model in a big way.
To be fair, Oracle announced cloud-ready products in September 2008, allowing core products like Database 11g, Fusion Middleware and Enteprise Manager to run inside Amazon EC2.
Oracle itself acts as a cloud hosting provider, opening its Platform for SaaS (the one where CRM on Demand and Argus Safety run) to external developers.
Anyway the company didn’t touch at all the infrastructure layer so far. The corporate FAQ page about the topic simply suggests to look at the Oracle virtualization offering to those customers that are looking to build a private cloud. But the offering is about to become a lot more articulated.