Yesterday Oracle CEO Larry Ellison announced that his company is poised and ready to deliver the most comprehensive cloud this planet has ever seen, and there’s some real substance to what he’s saying.

Oracle’s new public cloud features their fusion applications delivered as both software as a service (SaaS) and platform as a service (PaaS). On top of their new social network, they will also offer database and Java services.

A considerable edge which Oracle has over their competition is top-notch security. One of their first customers was the Central Intelligence Agency, and that experience has been at the forefront of all Oracle’s endeavors ever since.

Oracle CEO, Larry Ellison comments:

“We have very comprehensive, fine-grained security in our system,”

“Your database is not commingled with other customers’ data,”

“It’s a big difference between our cloud and others on the market.”

“Modern virtual technology is how we offer safety.”

Check out Ellison’s first tweet from the Oracle Social Network:

Actually it is a monumental achievement for Oracle who took a lot of flak for moving all their applications from on-premise to the cloud many years back. They have invested heavily over the past half decade and it has really paid off for them. Cloud computing is the next big thing and they were on of the first to get there.

Ellison again comments:

“We think a modern cloud lets you decide when you want to upgrade, not have the cloud vendor tell you when you have to upgrade,”

“We think that’s a very big deal. We’ll allow you, within reason, to decide when to upgrade.”

And it seems that Oracle is still investing heavily in the future. Earlier this week we reported on the company’s intention to acquire Collective Intellect, a cloud-based social monitor and analytics firm. The addition of Collective Intellect to Oracle’s already broad base of client services will allow their customers to understand and anticipate consumer’s actions on a much fuller spectrum.

Late last month, Oracle also revealed their plan to acquire Virtue Social Marketing Platform. Among other things, Virtue allows clients to manage social media campaigns across Twitter, Facebook, Google+, and YouTube. This investment alone cost Oracle over $300 million.

So it’s clear Oracle has no plans to stop and this newest public cloud is their shining masterpiece and, most likely, the foundation for all their future innovations and refinements. They don’t seem to worried about the competition, it sounds like they are ahead of the pack on this one.