Amazon Web Services now fully certifies and supports a number of applications on Elastic
Compute Cloud (EC2) when they are run using Oracle VM virtualisation,
the companies announced at Oracle OpenWorld on Sunday.

Since early 2006, Amazon Web Services (AWS) has provided companies of all sizes with an infrastructure web services platform in the cloud.
With AWS you can requisition compute power,
storage, and other services–gaining access to a suite of elastic IT
infrastructure services as your business demands them.

Watch this video of Larry Ellison at OpenWorld 2010 to hear more about this integration with Oracle and PeopleSoft and how you're organization can take advantage of it.