Teter is the project management director at Innowave Technology and has long been an important figure in the Oracle applications community. He has also been involved in Oracle Fusion Applications – its development, testing and roll-out.

“Although there was a plethora of significant developments – Exalytics, Pre-Release of EBS 12.2, the continued evolution of APEX, the General Availability announcement of Fusion Applications, the Oracle Public Clound, Big Data – none of those, in and of themselves, was the single most important piece of news in my opinion,” Teter wrote. “The news that grabbed my attention and continues to grab my attention: the inclusion of Fusion Applications CRM and HCM in the Oracle Public Cloud.”

Teter explained that a company building out Fusion Applications in-house requires a lot of expensive infrastructure to do it – hardware, memory, network, etc. That might be OK for large organizations such as Principal Financial Group. But smaller organizations probably won’t be able to afford it.

“But now we’ve got Fusion Applications being offered through the Oracle Public Cloud as a service…yup, a SaaS offering (for those of you who dig trendy acronyms),” Teter wrote. “That’s likely a relatively inexpensive point of entry for the SMEs interested in Fusion Applications…especially for those interested in a co-existence strategy with existing applications.”