Oracle executives sought to allay customer concerns on Tuesday over its product road map, saying it won’t force them off older products brought into its arms after its buying spree of CRM vendors.Oracle previously said it will indefinitely offer three levels of support for products from its multibillion-dollar acquisitions of Siebel Systems and PeopleSoft. “We committed to protect your investment,” said Loic le Guisquet, senior vice president of CRM for Europe, the Middle East and Africa. Oracle is moving ahead with product releases, such as Siebel’s version 8 line, PeopleSoft version 9 and Oracle CRM version 12, and those products will retain their own pricing. The company says it has 5 million “live” end users of its CRM products. “All of the product lines are going to go on developing,” le Guisquet said. “Be assured about that.”Oracle, which seeks to challenge SAP with the acquisitions to round out a total CRM product line, up to now has been reticent to discuss how the product lines will be integrated and how customers will be affected. But on Tuesday, Oracle outlined its vision for Fusion, its plan for product integration expected for delivery by 2008. The long-term integration is of crucial importance for enterprises, which make enormous investments in complicated software products.Fusion will be prominently based on Siebel on-demand and on-premise CRM products. Oracle said it will combine the functionality and design from its E-Business Suite, PeopleSoft CRM and JD Edwards CRM.Oracle envisions helping users better track customer preferences and buying patterns, and offer better responses at the right times. Customer expectations for how they should be remembered and rewarded by companies are getting higher, le Guisquet said.Companies running efficient loyalty programs have seen up to 100 percent more growth in business, an important part of CRM, le Guisquet said.The Oracle and Siebel development teams will use open standards and service-oriented architecture, using standards such as business process execution language and XML. In moving to Fusion, Oracle believes the advantages of future products will be a natural draw for customers, allowing them to make decisions at their own pace.“The first question I always get is, ‘What do I need to be on to protect myself from Fusion?’ ” said Stephen Fearon, leader of Oracle’s CRM Solutions sales. “We know there’s a lot of fear out there with customers.” -Jeremy Kirk, IDG News Service (London Bureau)Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content feature 10 most popular IT certifications for 2023 Certifications are a great way to show employers you have the right IT skills and specializations for the job. These 10 certs are the ones IT pros are most likely to pursue, according to data from Dice. By Sarah K. White May 26, 2023 8 mins Certifications Careers interview Stepping up to the challenge of a global conglomerate CIO role Dr. Amrut Urkude became CIO of Reliance Polyester after his company was acquired by Reliance Industries. He discusses challenges IT leaders face while transitioning from a small company to a large multinational enterprise, and how to overcome them. By Yashvendra Singh May 26, 2023 7 mins Digital Transformation Careers brandpost With the new financial year looming, now is a good time to review your Microsoft 365 licenses By Veronica Lew May 25, 2023 5 mins Lenovo news Alteryx works in generative AI for speedy analytics results OpenAI integration and AI wizardry for report generation are aimed at making Alteryx’s analytics products more accessible. By Jon Gold May 25, 2023 3 mins Analytics Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe