Is it Fusion? or is it Cloud
If you are wondering if they are different, then you are not alone. Effectively, both are the same.
In 2003, Peoplesoft bought its rival JD Edwards, sparking a significant consolidation in the Tier-1 ERP space as Oracle bought PeopleSoft and Seibel. It then embarked on a journey to revisit and modernize its applications to catch up with the overwhelming market leader SAP and overtake it. These applications were called Fusion Applications named perhaps to indicate the 'Fusion' of all features of all the application suites. After initial hiccups and several delays, in 2011, it started to release a new generation of applications. These applications were: –
Oracle Fusion Customer Relationship Management
Oracle Fusion Financials
Oracle Fusion Human Capital Management
Oracle Fusion Procurement
Oracle Fusion GRC (Governance, Risk, and Compliance)
Oracle Fusion Business Process Management
Oracle Fusion Supply Chain Management
Fusion Applications designed to co-exist with legacy Oracle products based on open standards, also taking full advantage of Fusion Middleware capabilities. During that period, Cloud was relatively new, and hence Oracle was selling Fusion Applications and Fusion Middleware as on-premise applications.
Oracle Cloud ERP and SaaS Applications
While the landscape towards ERP applications changed, Oracle (Ellison), despite his famous diatribe against SaaS, realized that the Cloud was inevitable. In 2012, Ellison announced Oracle was offering the Fusion Applications as a service. This SaaS model of Fusion Applications is now called Oracle Cloud applications or Oracle Saas or even some documents with its old name, Fusion.
While Oracle made a move, SAP, on the other hand, lagged.
SAP S4/ Hana is struggling, and the new CEO has publicly acknowledged it. Now all analysts agree that Oracle is in the pole position and firing on all ten cylinders!