Oracle detailed on Sunday evening its upgraded cloud suite that includes the ability for customers to use its flagship database in the cloud as well as on-premise. Executive chairman and CTO Larry Ellison talked about the new platform during his keynote session at Oracle’s annual OpenWorld conference.

Ellison (pictured above) attempted to persuade the audience that Oracle’s rejiggered cloud platform can be the all-in-one shop for users to run [company]Oracle[/company] applications, house their data and even build out their own applications while choosing whether or not they want any or all of those items to run on the cloud.

“This new Oracle in the cloud allows you to move any database from your datacenter to the cloud like pushing a button,” said Ellison.

Oracle’s cloud platform consists of a software-as-a-service (SaaS), a platform-as-a-service (PaaS) and an infrastructure-as-a-service (IaaS) in which all three are needed by Oracle to better serve its…