Previously during OpenWorld, Oracle CEO Larry Ellison announced the to provide an IaaS (infrastructure as a service) that will compete with the likes of Amazon Web Services.

Coupled with Oracle's PaaS and cloud-based applications, "it's the broadest suite of software products available from any vendor through a cloud," Kurian said.

Oracle is also working on an application store through which partners can sell add-on products to customers, he said.

But the question is when all of it will become available.

Ellison provided no availability dates for the IaaS, and it's not clear how long Oracle engineers have been working on the effort.