Oracle Fusion Middleware SVP Hasan Rizvi discusses Oracle Tuxedo as a modern application server for C/C++/Cobol applications. With its industrial strength and extreme high performance, it is typically used for mission-critical applications and is able to support sub-second response times, hundreds of thousands of distributed transactions per second, and provides five nines availability and reliability. Hasan emphasizes the fact that Tuxedo is a strategic offering within Oracle's application grid portfolio. It's the market-leading platform for re-hosting mainframe applications. With an extremely loyal customer base and very high focus and investment within Oracle, Hasan suggests that Tuxedo is poised to improve further -- in its capabilities and market leadership.