This week’s Oracle Open World event in San Fran has brought many exciting news and announcements. Among others and perhaps predominantly, the news that Oracle’s Fusion Applications, a means of universal integration that also adds functionality to customer’s applications while eliminating substantial business disruptions and the need for specialist integrators as well, will be available for all customers in the first quarter of 2011:

“Speaking at the Oracle Open World event in San Francisco, Ellison said the Oracle Fusion Applications suite has been more than five years in the making and described the project as “an enormous engineering effort”. Oracle Fusion Applications bring together elements of Oracle’s acquisitions – including PeopleSoft, JD Edwards and Siebel – to create a suite of applications that are built on a common middleware platform. By using a shared platform, the apps are easy to integrate, Oracle claims.”

Oracle’s Fusion Applications fall under 7 different categories including financial management; project and portfolio management; governance risk and compliance; human capital management and several more.

With contributions from international giants such as HSBC, Barclays, Tesco and more, Oracle CEO Larry Ellison had a lot of good things to say about Fusion.

In addition to these, he also added the rather humble prediction that only 50-100 customers would migrate to Fusion until mid 2011. This based predominantly on the ‘play it safe’ attitude of the corporate world looking to evaluate Fusion’s initial affects and benefits first, and only then jump in.

Despite a slow beginning, Oracle’s Fusion applications have a promising future to look forward to, in addition to a very profitable one for Oracle itself, as it carves out this niche in particular.

Be sure to catch all the Oracle Open World coverage, as we’ll be there live. Check it out here, at SiliconAngle.tv.