Systems, methods and computer program products for providing a multi-tenant application execution environment that provides an object metadata service for managing application configuration in the multi-tenant environment. In one embodiment, a system has an application manager, a bundle manager, and a deployment manager. The application manager captures application metadata for a corresponding version of an application and defines a corresponding bundle which contains metadata that configures the version of the application. The bundle manager validates each bundle and stores the validated bundle in a bundle library in a data storage device. The deployment manager retrieves a master schema and one or more of the bundles from the bundle library and installs the retrieved master schema and the retrieved bundles, generating a tenant schema which is accessible by a corresponding tenant of the multi-tenant environment that has subscribed to the version of the application.