This is a quick note that on Sunday Oracle will begin their 2010 Oracle Open World conference. The main announcement that is of particularly interest to us involves their Oracle Fusion Applications. These are the next generation ERP applications that all of Oracle’s installed base, consisting of Oracle Financials, PeopleSoft, J.D. Edwards and Siebel, will eventually move to. Built on the Oracle Fusion Middleware Java server, these applications are developed with the future in mind and represent a multi-billion dollar investment by Oracle.
People, Ideas & Objects are Oracle customers and are including Oracle Fusion Applications within our software offering. We are leveraging that multi-billion investment that Oracle has made with the Intellectual Property (IP) around using the Joint Operating Committee as the key organizational construct of the innovative oil and gas producer.
What does Oracle Fusion Applications have in store for the oil and gas firm? It’s unknown at this point. Of the many industries that Oracle applications cater too, oil and gas is on the lighter side in terms of investment and features. I expect this to be the case for the new Oracle Fusion Applications. If they were making any oil and gas specific investments I think we would have heard about them. Nonetheless, irrespective of Oracle’s plans in oil and gas, People, Ideas & Objects will build the applications based on the Draft Specification and Oracle Fusion Applications.
For the industry to successfully provide for the consumers energy demands, it’s necessary to build the systems that identify and support the Joint Operating Committee. Building the Preliminary Specification is the focus of People, Ideas & Objects. Producers are encouraged to contact me in order to support our Revenue Model and begin their participation in these communities. Those individuals that are interested in joining People, Ideas & Objects can join me here and begin building the software necessary for the successful and innovative oil and gas industry.
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