Fusion Applications brings consistent processes and a single source of truth across the most important business functions—from enterprise resource planning, supply chain management, and human capital management to advertising and customer experience. The applications help you improve your customer engagements, increase your business’s agility, and react to change faster than ever before.

Public cloud is cloud computing that’s delivered via the internet and shared across organizations. Private cloud is cloud computing that is dedicated solely to your organization. Hybrid cloud is any environment that uses both public and private clouds.

Organizations who are considering moving their business to the cloud, there are three important terms to be aware of: Infrastructure as a Service (IaaS). Platform as a Service (PaaS). Software as a Service (SaaS).

SaaS: Software as a service (SaaS) is a cloud-based software delivery model in which the cloud provider develops and maintains cloud application software, provides automatic software updates, and makes software available to its customers via the internet on a pay-as-you-go basis. PaaS: Platform as a Service (PaaS) is a complete cloud environment that includes everything developers need to build, run, and manage applications.

IaaS: Infrastructure as a service (IaaS) is a type of cloud computing service that offers essential compute, storage and networking resources on demand, on a pay-as-you-go basis.

An operating model is the blueprint for how value will be created and delivered to target customers. An operating model brings the business model to life; it executes the business model.