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Oracle supports three types of cloud deployments
(Private) where by applications runs on premises fully controlled by customers.
(Public) where by applications runs at oracle data centers and managed by dedicated team of experts.
(Hybrid) partial applications runs on premises "Customer Site" and rest on oracle public cloud.
in your scenario of using forms/reports and ADF , i personally recommend to have your private cloud as the forms / reports are the previous generation of oracle development tools , everything in oracle public cloud is now based on Oracle fusions and fusion middle ware where the development tools are Jdeveloper , XML , etc...
Edited by: user5314604 on Mar 31, 2013 2:15 PM