Cloud computing continues to grow. Technology allows organizations to adapt to changes in business models, both strategically and operationally. From cloud adoption, you can understand that its real value comes from being able to delegate a service level agreement (SLA) to a comprehensive solution.
It is also indisputable that a cloud platform reduces complexity and total cost of ownership and increases reliability, enabling faster development processes and reducing risk.
Organizations that take a systems-on-premises approach miss out on many benefits and end up falling into pitfalls. In the current state of the market, not all providers can face the challenge of providing an integrated offering, and this forces companies to manage more than they would like.
Oracle NetSuite: cloud ERP leader
To ensure secure and complete management in this scenario, more than 24,000 companies in over 200 countries use Oracle NetSuite today. Founded in 1998, the platform was acquired by Oracle in 2016 and offers a 100% scalable solution for running finance administrative operations and processes.
As a leading ERP company, NetSuite champions the cause of providing a true cloud platform but also seeks to develop a truly integrated system for the growing customer base. Therefore, the brand’s portfolio of solutions also includes CRM, Analytics, Financial Management, localization to different countries, and much more.
NetSuite’s main differentials:
NetSuite offers its customers competitive advantages as a cloud ERP platform. Meet some of them:
Software as a Service (SaaS)
NetSuite is offered as Software as a Service (SaaS). Apps are accessed through a web browser or mobile app. Unlike on-premises software, customers do not need to be involved with managing the underlying cloud infrastructure, including network, servers, operating systems, storage, and application updates.
Multi-tenant architecture:
A multi-tenant platform is important, and starting from that premise, NetSuite has a single instance of the application. Each customer can make customizations and settings that are made available on their dashboard. In this way, all customers access the same solution from the same cloud. NetSuite Mobile application also provides continuous, instant access to the latest product updates.
Public Cloud:
NetSuite is offered as a public NetSuite cloud implementation and has a single instance of the application. In line with the strategy of offering SaaS and multi-tenant architecture, this allows customers of all sizes to have the same application version globally and enjoy the benefits of economies of scale, less capacity planning, greater agility, scalability, and lower costs from you.
Two-Tier ERP Strategy:
Two-tier ERP is a business and technology strategy that allows organizations to maintain their investments in existing systems while implementing the cloud platform (NetSuite) in new subsidiaries. As large corporations expand and restructure through mergers and acquisitions and become even larger, one of the strategies to preserve your existing ERP investments is to adopt a hub-and-spoke approach.
The future is the cloud:
Positioning itself globally as a strategic partner for its customers, Oracle NetSuite offers knowledge and experience in delivering cloud solutions, as well as support to make important decisions based on concise data – creating opportunities and a promising future.
To learn more about NetSuite and what the solution can do for companies looking for new management strategies, contact to our NetSuite consultant.
