The program, Oracle On Demand for Independent Software Vendors, promises software companies a secure, reliable platform for delivering their own programs as a hosted service.
The new service extends Oracle's continuing effort to build a software rental business, an effort itnearly five years ago. The program has had several incarnations as Oracle struggled to find the right formula. It more than two years ago, offering to manage customers' database and application-server programs for a fee. Oracle executives say that program, Oracle On Demand, is now one of the company's fastest-growing units.
IBM, Hewlett-Packard and a host of other major computing players have launched rival hosting services in recent years. Initial public offerings of stock this year by application hosting firmsand RightNow Technologies have also revived interest in the concept, which had lost favor in the wake of the dot-com bust.