When this story was originally posted, it contained an erroneous description of the revenue level of companies for which Oracle offers a particular version of software. It 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: Oracle Boosts i-flex Offer Oracle Launches Single-ID OfferingsCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content News Nvidia accelerates enterprise adoption of generative AI Nvidia AI Foundations is an as-a-service offering for building and running AI models that generate text, graphics, and even proteins. By Peter Sayer Mar 21, 2023 5 mins Cloud Management Infrastructure Management Artificial Intelligence BrandPost The Era of Multi-Cloud Services Has Arrived How to unlock the benefits of multi-cloud environments By Adelino Simao Mar 21, 2023 4 mins VMware BrandPost Why CISOs Are Looking to Lateral Security to Mitigate Ransomware How to fight ransomeware attacks with lateral security By Adelino Simao Mar 21, 2023 4 mins VMware BrandPost 4 Factors That Influence Modern App Success in a Multi-Cloud Environment Enable your developers to do what they do best: code By Adelino Simao Mar 21, 2023 5 mins VMware 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