When this story was originally posted, it contained an erroneous description\u00a0of\u00a0the revenue level of companies for which Oracle offers a particular version of software.\u00a0It has since been corrected.Oracle will offer customers a range of simplified licensing models in an attempt to make pricing more consistent across its portfolio of products, developed in-house and acquired from competitors.Four basic licensing models will be available for all Oracle products, including J.D. Edwards, PeopleSoft and Siebel applications, Oracle said Tuesday.The Component Model offers customers simple a la carte pricing, while the Custom Application Suite Model allows them to create their own bundle of applications based on their specific business needs. The Enterprise Applications Model is based on enterprise metrics, such as revenue or number of employees, and offers unlimited application usage. For small and midsize businesses (SMBs) with revenue of less than US$100 million, Oracle offers an SMB Model, which provides additional partner support in tools and pricing. Customers can use either the new pricing models or previous licensing models when purchasing additional products from old price lists. Newly released products will be offered under the new pricing models.-John Blau, IDG News Service (Dusseldorf Bureau)Related Links:\n\nOracle Boosts i-flex Offer\n\nOracle Launches Single-ID OfferingsCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage.