October 2, 2012 / 11:16 PM / 5 years ago

Oracle's Ellison: expect Fusion take-up to quicken

SAN FRANCISCO, Oct 2 (Reuters) - Oracle Corp CEO Larry Ellison expects strong take-up for its Internet-based “Fusion” software, a product suite crucial to its efforts to catch up with rivals like Salesforce.com Inc in the fast-growing market.

The hundreds of current Fusion software customers should expand to thousands by next year, Ellison told industry executives and reporters at its annual customer-focused conference in San Francisco.

The business software corporation, which gets most of its revenue selling software that companies install in their own data centers, is trying to gain a foothold in the business of software services via the Internet. It has incorporated social monitoring and data mining services - both hot new areas of growth - in its cloud apps.

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