This document discusses Oracle Database in the cloud and Oracle's cloud strategy. It provides an overview of cloud computing concepts like computing resources residing on the internet and being billed by consumption. It then discusses Oracle's goals of making cloud computing relevant to enterprises by providing the right products and services and developing cloud standards. It summarizes Oracle's strategy of making its products licensable and supported in the cloud, creating cloud offerings and services, and providing a cloud framework to allow enterprises to set up their own private clouds using Oracle products.