Oracle and NetSuite: A match made in heaven - but what does the future hold?

Oracle announced on July 28^th its intention to purchase NetSuite for $9.3 billion subject to regulatory approval. NetSuite is a leading cloud based ERP/CRM/eCommerce software business suite that was founded in 1998 by Evan Goldberg and has been to the forefront of financial cloud technology since its inception. But what does the future hold for both organizations and why did Oracle feel the need to purchase NetSuite?

The Cloud
Oracle has been shifting aggressively to the cloud over the past two years as its more traditional client/server based enterprise solutions have become less popular with customers. Indeed, its revenue mix has shown just how important cloud is becoming to Oracle’s future. NetSuite as a pure bred cloud company will help Oracle get a great share of the cloud driven marketplace.

SMB Marketplace
NetSuite will help Oracle strengthen its position in the ever growing small to medium marketplace, a sector that Oracle has largely ignored up to now. It hopes the NetSuite acquisition will help Oracle to reach smaller companies that can't afford Oracle's traditional high-cost, high-maintenance product.

International Reach
In NetSuite, Oracle saw a cloud company whose sales of e-commerce and manufacturing software to smaller businesses were stalling as it tried to move into international markets. Oracle will use its branding and international knowledge to help NetSuite overcome international obstacles.

Competition.
If Oracle had not purchased NetSuite, chances are that a rival such as Microsoft, SAP, Salesforce or Sage may have done so.

NetSuite Two-Tier Strategy
Oracle’s powerful databases will help NetSuite’s Two Tier Strategy of going to market, i.e. where multi-national corporations use cloud solutions such as NetSuite for their subsidiaries and international markets, but feed all the data back to the head office main ERP system such as SAP.

Will NetSuite remain as a separate entity?
Oracle’s Mark Hurd has stated that they will continue to run NetSuite as a separate company, but if the previous PeopleSoft acquisition is anything to go by, it may not be long before Oracle turns NetSuite into a complete Oracle offering which may mean price increases for existing NetSuite clients.

B2BGateway, a ‘Built for NetSuite’ solution, has been NetSuite’s EDI partner since 2001, back when they were known as NetLedger, and we wish them the very best for the future. If you would like to know more about B2BGateway’s cloud based, fully integrated EDI solutions for NetSuite users please email Sales@B2BGateway.Net or visit https://www.b2bgateway.net/edi-for-netsuite/

B2BGateway to Exhibit and Speak at NetSuite SuiteWorld 2015.

B2BGateway, the leading cloud based EDI solution provider and NetSuite partner since 2001, will yet again be exhibiting and meeting clients, partners and colleagues at this year’s SuiteWorld which takes place May 4-7 in San Jose, CA, USA.

SuiteWorld is NetSuite’s annual conference and this year NetSuite hopes to attract 7,500 attendees consisting of clients, partners, prospects and industry analysts. During the 4 day event attendees will hear key notes from CEO, Zach Nelson and CTO and founder, Evan Goldberg as well as learning about all things NetSuite.

As in every other year, B2BGateway will yet again have a booth at SuiteWorld 2015 where attendees can learn how B2BGateway’s fully integrated NetSuite EDI solutions remove the need to re-key data and help organizations improve and automate their supply chain and omni-channel operations. Removing the need to re-key data greatly reduces potential human errors while at the same time increasing overall supply chain efficiencies.

This year B2BGateway will also host two speaking sessions, “Improve your Supply Chain: B2BGateway EDI for NetSuite” , on Tuesday May 5^th at 8am in the Expo Hall Program Stage and on Thursday May 7^th at 8.30am also in the Expo Hall Program Stage.

If you or your colleagues are attending SuiteWorld 2015, make sure to drop by booth #538 to say hello to the B2BGateway team or drop by the Expo Hall Program Stage to hear one of the B2BGateway talks.

For further information on B2BGateway’s cloud based, fully integrated EDI solutions please call +1 401 491 9595 (USA) / +353 61 708533 (EU) or email Sales@B2BGateway.Net   

Life gets much Suite-r in EMEA for NetSuite

NetSuite recently held its first client and partner conference in London. The conference called SuiteConnect UK was based at clients, partners, developers and prospects based in the EMEA region. The opening keynote was given by CEO Zach Nelson and CTO and co-founder Evan Goldberg. During the keynote both speakers promised a greater commitment to grow and support new business in the EMEA region and this was evidenced in over 700 attendees showing up on the day when only 500 were originally expected.

Nelson spoke about NetSuite’s increased focus on the UK and European markets, saying business in Europe grew 100 percent in 2013 and citing the recent acquisition of London-based commerce firm Venda as a case in point. “Our investment in Venda this year was about investing in domain expertise in Europe. It was our largest acquisition to date. It’s bringing our companies together and getting us to focus on the next great opportunity for growth, and that’s Europe” said Nelson.

There will also soon be announcements about two in-region data centers. The locations of these have yet to be decided, but it seems likely that Germany or Switzerland may be the fore-runners.

Throughout out the day attendees were able to attend breakout sessions on some of the market verticals where NetSuite excels such as Wholesale Distribution, Manufacturing, Retail and Professional Services.

As NetSuite’s longest serving EDI partner, B2BGateway were delighted to be present on the day to meet existing EMEA clients and partners and to demonstrate our cloud based, fully integrated EDI solutions to new prospects.

It looks as if life will certainly be much suite-r for NetSuite EMEA over the coming months! 

For further information on B2BGateway’s fully integrated EDI and Omni-Channel solutions for NetSuite please call +353 61 708533 / +1 401 491 9595 or email Sales@B2BGateway.Net