Oracle had announced its plans to launch the Oracle public cloud at Openworld 2011. Larry Ellison today announced the actual launch of those cloud services. “Almost seven years of relentless engineering and innovation plus key strategic acquisitions. An investment of billions. We are now announcing the most comprehensive Cloud on the planet Earth,” said Oracle CEO, Larry Ellison. Oracle’s public cloud offerings will provide customers with subscription-based access to Oracle Platform Services, Application Services, and Social Services, all completely managed, hosted and supported by Oracle.