The document describes Tier1's Private Oracle Cloud offering. It allows companies to host their Oracle applications like E-Business Suite, PeopleSoft, and Hyperion in a secure and optimized computing environment. The Private Oracle Cloud cuts costs associated with hosting applications in-house by eliminating expensive infrastructure and staffing costs. It also reduces complexity through streamlined installation/deployment and backup/recovery services. Tier1 provides 24/7 managed services and support for companies using the Private Oracle Cloud.