Oracle Fusion Application is the next-generation enterprise applications suite, bringing together the best functionality and technology from of all Oracle applications. Oracle Fusion Applications will be released after Release 12. This is being designed to unify best-of-business capabilities from all Oracle Applications in a complete suite delivered on Oracle's open technology.
We have to keep in our mind that Fusion Applications is not the same as Release 12. Release 12 is expected to have its own stream of updates, such as 12.1 and 12.x.
For more on Fusion applications, visit the link:
http://www.oracle.com/applications/fusion.html
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