New NetSuite Analytics Warehouse Multi-Instance Connector
enables organizations that manage business portfolios to centralize
data, reduce costs, expand insights, and improve
decision-making
NEW
YORK, March 28, 2024 /PRNewswire/ --
SuiteConnect -- To help organizations with multiple
businesses expand insights across their entire
portfolio, Oracle NetSuite today announced the launch
of NetSuite Analytics Warehouse Multi-Instance Connector. The
new connector enables customers to reduce costs and improve
decision-making by consolidating data from multiple NetSuite
instances into a single NetSuite Analytics Warehouse environment
and improving the accuracy and speed of insights.
"Private equity firms, holding and parent companies, and
franchisors often struggle to consolidate data and derive
meaningful insights from the portfolio of businesses they oversee.
In many cases, workarounds are time-consuming, error prone, and
expensive," said Evan Goldberg,
founder and executive vice president, Oracle NetSuite. "With
NetSuite Analytics Warehouse Multi-Instance Connector, customers
with multiple NetSuite instances can efficiently centralize data,
leverage industry-leading AI and analytics to quickly spot
patterns, and gain insights from across their portfolio of
businesses to accelerate growth."
Built on the Oracle Analytics Cloud and Oracle Autonomous Data
Warehouse, NetSuite Analytics Warehouse is the first and only
AI-enabled, prebuilt cloud data warehouse and analytics solution
for NetSuite. With NetSuite Analytics Warehouse Multi-Instance
Connector, organizations can consolidate data, simplify data
management, access current analytics, and improve the accuracy of
insights. This enables customers that manage a portfolio of
different businesses to:
- Reduce costs: Helps organizations reduce the cost and
complexity of additional software licenses by connecting data from
multiple NetSuite instances for efficient access to accurate
business intelligence.
- Expand insights: Helps organizations understand how well
portfolio investments meet financial objectives and tolerate risk
with features like chart narratives, pattern recognition, and
anomaly detection. With a single view across their portfolio,
organizations can identify new revenue streams and accurately
forecast growth by leveraging predictive analytics using the
built-in AI and machine learning capabilities.
- Enhance decision-making: Enables organizations to
leverage their consolidated data to identify issues and quickly
respond to opportunities using the collection of interactive
dashboards, visualizations, and key metrics.
To learn more, visit:
https://www.netsuite.com/portal/products/analytics/data-warehouse.shtml
About Oracle NetSuite
For more than 25 years, Oracle NetSuite has helped organizations
grow, scale, and adapt to change. NetSuite provides an integrated
system that includes financials / Enterprise Resource Planning
(ERP), inventory management, HR, professional services automation
and omnichannel commerce, used by more than 37,000 customers in 219
countries and dependent territories.
Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of
Oracle Corporation. NetSuite was the first cloud company—ushering
in the new era of cloud computing.
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SOURCE Oracle NetSuite