Bangalore: Oracle is all set to offer "the most comprehensive cloud on the planet Earth," said Larry Ellison, CEO of Oracle during a webcast event on Wednesday.This new Oracle public cloud encompasses Oracle's suite of Fusion Applications delivered as both SaaS (software as a service) and PaaS (platform as a service) features, which includes Java Cloud Service and Database Cloud Service. "It's been a long time coming," said Ellison.

According to the company one major advantage that Oracle Public Cloud provides is better security for customers. The application will include per-user, per-month pricing. Meanwhile, Ellison's proclamation of Oracle's newfound cloud prowess on Wednesday stood in stark contrast to his past mockery of cloud computing as hype-filled "gibberish" applied improperly to long-standing technologies. Such jibes were nowhere to be found Wednesday as the CEO spun a broad strategic vision reports itworldCanada.

"We made a decision to rebuild all of our applications for the cloud almost seven years ago," Ellison said of Fusion Applications, which are also available on-premises. "It took seven years of work, thousands of people, billions of dollars, to make the transition from being an on-premise application provider to being a cloud application provider, as well as an on-premise provider."

Oracle is hoping these attributes will have special allure for customers, since they'll be able to choose either deployment model and move applications between them.

Oracle is set to offer 100 different cloud applications, spanning ERP (enterprise resource planning), CRM (customer relationship management), HCM (human capital management) and other software categories, Ellison said.

Wednesday's event also provided Ellison with an opportunity to tout what he called Oracle Public Cloud's many advantages over rivals such as SAP and Salesforce.com, as well as to engage in some of his traditional competitive trash talk.

"We have very comprehensive, fine-grained security in our system," he said. The Central Intelligence Agency was Oracle's first customer, and security "has been very, very deep in our culture for a long time," he said.

"Your database is not commingled with other customers' data," Ellison added. "It's a big difference between our cloud and others on the market." Customers also get their own virtual machine, "so you are protected," Ellison said. "Modern virtual technology is how we offer safety."