Oracle's (NASDAQ: ORCL) Fusion Apps suite may have been launched to great fanfare at OpenWorld last year but, as reported in this CBR article, Oracle still remains tight-lipped over a possible release date. The business software suite has been in development for five years and is expected to contain 100 modules across seven different product areas including financial management, procurement and sourcing, project and portfolio management, human capital management, CRM, supply chain management, and governance risk and compliance.
"It was described by Ellison as a huge engineering effort. It has, he said, taken the best parts of acquired companies such as Siebel, PeopleSoft and JD Edwards and put them together.
"Ellison also said the suite will be available during the first quarter of 2011. However, with no sign of it so far, Mark Wilkinson, VP of EPM and BI for EMEA at Oracle, told CBR the company has no set release date. 'We're not in any rush,' he said. 'There is no time frame [for release] but we're on track based on where we want to be at this time.'"