LAS VEGAS, April 27, 2017 /PRNewswire/ -- SUITEWORLD
2017 -- Oracle NetSuite Global Business Unit (GBU), the
industry's leading provider of cloud financials / ERP, HR and
omnichannel commerce software suites, has unveiled global expansion
initiatives, SuitePeople, SuiteSuccess, Next-Ready ERP, and
NetSuite OneWorld for Nordics-headquartered businesses. NetSuite
also announced a wide array of innovative and fast growing
businesses that have selected the NetSuite platform.
Massive Global Expansion Initiatives
NetSuite announced a massive expansion plan to accelerate its
international growth. This expansion shows how NetSuite customers
will benefit from Oracle's vast global scale and resources. The
expansion initiatives will enable NetSuite to launch more data
centers, more field offices and more development centers globally,
which will help to bring a leading cloud ERP suite to more
organizations around the world.
Adding Oracle's global resources to NetSuite's existing global
footprint provides rapid entry and expansion into new markets
across three key areas:
Data Centers. Oracle NetSuite Global Business Unit plans
to more than double its data center footprint from five data
centers globally to 11. NetSuite currently operates three data
centers in North America, one in
Amsterdam, Netherlands and one in
Dublin, Ireland. NetSuite expects
to add a fourth North American data center in Chicago. As part of the global expansion
plans, NetSuite will leverage existing Oracle data centers in
Europe and Asia. In Europe, NetSuite is scheduled to open a data
center in Frankfurt, Germany to
remedy the lack of modern cloud computing offerings in the country.
In Asia Pacific, NetSuite plans to
initially launch facilities in Australia and Singapore, followed by Japan and China. The addition of Oracle data centers to
NetSuite's operations will provide even greater security,
redundancy, performance and scalability for new and existing
customers across the globe.
Field Offices. NetSuite expects to double its global
presence, expanding from offices in 10 countries to 23 spread
across the globe. The addition of Oracle's field offices
significantly increases NetSuite's ability to meet the rising
demand for cloud ERP around the world. NetSuite is establishing a
new presence in Argentina,
Brazil, Colombia, Chile, Mexico, France, Germany, Sweden, Dubai, China,
India, Malaysia and New
Zealand. In addition, NetSuite is expanding headcount in
existing field offices by over 50 percent to provide better
resources for customer demand.
Development Centers. Oracle NetSuite Global Business Unit
is leveraging existing Oracle development centers across
India, China and Japan. The development centers will be able to
accelerate the development of international, regional and local
features and functionality within NetSuite OneWorld.
Read the full press release.
SuitePeople, the Most Unified and Flexible Cloud Core HR
Offering Ever
NetSuite announced SuitePeople, a new core human resources (HR)
offering natively built on NetSuite's unified cloud suite. NetSuite
is the first and only cloud ERP suite to give businesses a single
platform to manage mission critical business processes.
Traditionally, businesses have had to manage core HR processes in
separate modules, disparate systems, or worse, in spreadsheets.
Growing businesses can't afford the cost, time and risk associated
with manual workarounds, complex integrations or siloed data.
Unlike legacy HRIS solutions, SuitePeople helps make people
information actionable throughout the organization from a single
suite.
Read the full press release.
SuiteSuccess, The First Unified Industry Cloud
Solution
NetSuite announced SuiteSuccess, the first unified industry
cloud solution. NetSuite has delivered 12 SuiteSuccess editions for
the following eight industries: advertising, media,
publishing; financial technology; manufacturing; nonprofit; retail;
service-based businesses; software/internet; wholesale
distribution. SuiteSuccess is the culmination of a multi-year
transformation effort to combine the NetSuite unified suite, 20
years of industry leading practices, a new customer engagement
model, and business optimization methods into a unified, industry
cloud solution. SuiteSuccess was engineered to solve unique
industry challenges that historically have limited a company's
ability to grow, scale and adapt to change.
Read the full press release.
NetSuite's Major Global ERP Enhancements
NetSuite announced the new release of major global ERP features.
These new cloud ERP features are designed to ready businesses for
what's next, with a host of enhancements to its core ERP suite. The
new functionality spans global financials, revenue recognition,
billing, services resource planning (SRP), supply chain management
(SCM), and Governance, Risk and Compliance (GRC). These
enhancements give NetSuite customers the ability to continue to
scale and innovate efficiently.
Read the full press release.
NetSuite OneWorld for Nordics-Headquartered Companies
NetSuite announced NetSuite OneWorld for Nordics-headquartered
businesses. NetSuite OneWorld is now localized for Nordics-based
businesses. With over 730 subsidiaries and legal entities of global
companies already running businesses in Sweden, Norway, Denmark and Finland, the new localized OneWorld offering
will bring more global cloud ERP capabilities for the region.
Nordic companies will benefit from the combination of NetSuite's
increased product investment and Oracle's localization
capabilities.
Read the full press release.
Fast Growing, Innovative Customers Get 'Next Ready' with
NetSuite
NetSuite announced that startups, fast growing businesses and
leaders in their industry such as Ring, PODS, Blue Microphone,
Smartsheet, BUILT/, Bankrate and Prophet, spanning manufacturing,
logistics, software, publishing and consulting, have turned to
NetSuite to ready their companies for what's next.
Ring Dials NetSuite to Fuel Growth
Ring, a leader in outdoor home security, has implemented
NetSuite to fuel its rapid growth, which took it from startup to
1,000 team members in less than three years. Ring is using NetSuite
for financial management and reporting with plans to significantly
extend the NetSuite platform to other areas of the business as it
continues to extend its business model beyond doorbells, to
services and subscriptions. With NetSuite, Ring has gained
efficiencies and real-time visibility with a unified platform that
is next ready. NetSuite enables Ring to grow, scale and adapt its
business model as Ring's business expands and evolves.
Read the full press release on Ring.
PODS Turns to NetSuite SuiteSuccess to Expand Global
Operations
PODS Enterprises, LLC, a leading provider of portable
container-based moving and storage solutions, chose NetSuite
SuiteSuccess to support its business expansion. PODS will be using
NetSuite to manage mission-critical business processes including
financials, inventory management, multi-subsidiary management for
16 subsidiaries and multi-currency management for the U.S.,
Canadian and Australian dollars. SuiteSuccess is the culmination of
a multi-year transformation effort to combine the NetSuite unified
suite, 20 years of industry leading practices, a new customer
engagement model and business optimization methods into a unified,
industry cloud solution. SuiteSuccess is NetSuite's new
purpose-built, unified cloud solution tailored for each
industry.
Read the full press release on PODS.
Blue Microphones Turns Up the Volume with NetSuite
Blue Microphones, a leading designer and producer of premium
microphones and sound recording equipment for audio professionals,
musicians and consumers, has gained vital business agility with
NetSuite's unified cloud business management system. NetSuite
allows Blue Microphones to focus on product innovation, scale into
new markets, and challenge larger rivals in the competitive
recording industry. To ensure agility for innovation and growth,
the company replaced QuickBooks Enterprise with NetSuite to manage
its end-to-end business operations including financials, fixed
assets, demand planning, inventory management, bill of materials,
work orders and assemblies, warehouse management, CRM, HR and
multi-currency transactions in the Canadian dollar and Euro.
Read the full press release on Blue Microphones.
Smartsheet Realizes the Power of Unified Billing and Revenue
Recognition with NetSuite
Smartsheet, a leading provider of SaaS-based solutions for
managing and automating collaborative work, has implemented
NetSuite OneWorld to manage rapid growth. Smartsheet is leveraging
NetSuite OneWorld to manage mission critical business processes
including financials, billing, revenue recognition, analytics and
multi-currency transactions in the Euro, Yen, Pound and U.S.,
Australian and Canadian dollars. With NetSuite OneWorld, Smartsheet
has a platform that is ready for next and provides the foundation
to scale the business. As Smartsheet has evolved its business
model, NetSuite's SuiteBilling software is helping the company to
manage recurring revenue processes from order to billing and
revenue recognition with complete control and auditability for its
software subscription business.
Read the full press release on Smartsheet.
BUILT/ Launches Innovative Omnichannel Company on the
NetSuite Unified Cloud Commerce Platform
BUILT/, a new company supported by a leading UK-based
organization in the construction sector, has selected NetSuite's
unified cloud commerce platform to support its omnichannel B2B
business. Officially unveiled today at SuiteWorld, BUILT/ aims to
make it quicker and easier for professional builders to source
materials for their projects, placing a greater focus on providing
a superior brand experience with a digital-first approach designed
around the customer. Offering both online and brick-and-mortar
channels, BUILT/ will run its entire business on the NetSuite
unified cloud commerce platform including ecommerce, point-of-sale,
order and inventory management, CRM and financials. With NetSuite,
BUILT/ will have a flexible, scalable platform that can help manage
the business through every stage of its growth.
Read the full press release on BUILT/.
Prophet Implements NetSuite OneWorld to Accelerate Global
Growth
Prophet, a leading global consulting firm, has implemented
NetSuite OneWorld for ERP and Professional Services Automation
(PSA). Since going live on NetSuite OneWorld in October 2016, Prophet has gained a unified view
of financial, resource management and project management processes
that have streamlined operations across nine global offices
operating in the U.S., U.K., Germany, Switzerland and Hong
Kong, creating efficiencies across the entire
organization.
Read the full press release on Prophet.
Bankrate Overhauls Multiple On-premise Systems with NetSuite
OneWorld
Bankrate, Inc., a leading online publisher, aggregator and
distributor of personal finance content, has replaced multiple
on-premise financial systems including Sage ACCPAC, QuickBooks and
numerous Excel spreadsheets with one single instance of NetSuite
OneWorld in less than three months. Bankrate runs its
mission-critical business processes on NetSuite OneWorld, including
accounting, financials, fixed asset management, revenue
recognition, multi-currency management and multi-subsidiary
management for three subsidiaries — Bankrate.com, CreditCards.com
and Caring.com. With NetSuite OneWorld, Bankrate now has a better
understanding of its financial health and has been able to reduce
monthly close times while accelerating growth without adding more
headcount.
Read the full press release on Bankrate.
About Oracle NetSuite Global Business Unit
Oracle NetSuite Global Business Unit pioneered the Cloud
Computing revolution in 1998, establishing the world's first
company dedicated to delivering business applications over the
internet. Today, Oracle NetSuite Global Business Unit provides a
suite of cloud-based financials / Enterprise Resource Planning
(ERP), HR and omnichannel commerce software that runs the business
of companies in more than 100 countries. For more information,
please visit www.netsuite.com.
Follow Oracle NetSuite Global Business Unit's Cloud blog,
Facebook page and @NetSuite Twitter handle for real-time
updates.
About Oracle
Oracle offers a comprehensive and fully integrated stack of
cloud applications and platform services. For more information
about Oracle (NYSE:ORCL), visit www.oracle.com.
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its
affiliates. Other names may be trademarks of their respective
owners.
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SOURCE Oracle NetSuite Global Business Unit