SAN FRANCISCO and SAN MATEO, Calif., Oct.
2, 2012 /PRNewswire/ -- Oracle OpenWorld — NetSuite
Inc. (NYSE: N), the industry's leading provider of cloud-based
financials / ERP software suites, today announced
NetSuite Two-Tier ERP for Oracle, powered by a new version of
NetSuite OneWorld and SuiteCloud Connectors to Oracle provided by
NetSuite partners including IBM Cast Iron, Informatica, Dell Boomi,
Celigo, and Pervasive Software. NetSuite Two-Tier ERP for Oracle
enables enterprises to drive global expansion by deploying the
NetSuite OneWorld multinational business management solution to run
subsidiaries and divisions while preserving headquarters'
investments in Oracle. The NetSuite cloud solution can be deployed
in substantially less time and at substantially lower cost than a
comparable on-premise ERP system at the subsidiary level, while
providing real-time data, visibility and management through
integration with the Oracle ERP solution in place at the corporate
level. This two-tier ERP model is rapidly emerging as a compelling
option for enterprises such as Qualcomm and Land O'Lakes, Inc. that
need to support rapid global growth and gain greater efficiencies
across key business processes without the time and cost burden of
an on-premise deployment.
The key to NetSuite Two-Tier ERP for Oracle is a new version of
NetSuite OneWorld that gives Oracle enterprise customers a modern,
cloud-based software system to manage divisions within complex,
multinational corporations and multi-subsidiary companies, with
integration to Oracle at the corporate level via SuiteCloud Connect
for Oracle. With NetSuite OneWorld, Oracle customers can manage
global business operations in real time and roll up division-level
transaction and summary data to gain an enterprise-wide view of
business operations. A host of global enterprise ISVs and SIs
including IBM Cast Iron (NYSE: IBM), Informatica (NASDAQ: INFA),
Dell Boomi, Pervasive Software (NASDAQ: PVSW) and Celigo deliver
connectors to link NetSuite OneWorld with Oracle. NetSuite OneWorld
supports over 190 currencies, 19 languages and out-of-the-box tax
reporting covering more than 50 nations. NetSuite OneWorld enables
efficient financial consolidation at both global and local levels
while powering front- and back-office operations on a worldwide
scale. NetSuite OneWorld is the first and only solution to deliver
real-time global business management and financial consolidation,
with local customization and full integration capabilities with
Oracle via the cloud.
For more details about NetSuite Two-Tier ERP for Oracle, visit
http://www.netsuite.com/portal/solutions/netsuite-oracle-two-tier.shtml.
New key features of NetSuite OneWorld include:
- Global Cloud ERP with Embedded Analytics: NetSuite's
complete cloud ERP system features embedded analytics and
role-based dashboards with prebuilt KPIs, reports, workflow
triggers and drill-down to transactional detail, and easily feeds
into corporate data warehouses.
- Instant Consolidation and Visibility: NetSuite gives
corporate, division and subsidiary stakeholders a real-time view
into every level of the business, through always-on financial and
operational dashboards and reporting with drill-down from summary
to detail.
- Multi-Currency, Multi-Tax, Multinational Intelligence:
With support for over 190 currencies, 19 languages and
country-specific accounting standards across North America, Europe, Asia
and Australia/New Zealand, NetSuite enables organizations to
seamlessly meet the individual needs of local operations.
For more details about NetSuite OneWorld, visit
http://www.netsuite.com/portal/products/oneworld/main.shtml.
The real-world success of NetSuite customers like Qualcomm, Land
O'Lakes, Inc. and other large enterprises testifies that two-tier
ERP is not some future-state vision – with NetSuite it's a
practical and proven solution that is driving quantifiable business
benefits today. "At Land O'Lakes, we were clearly at a decision
point when it came to choosing between more of the same or breaking
ground in new and innovative ways," said Michael Macrie, VP of Information Technology at
Land O'Lakes. "We've been able to implement three of our foreign
entities much more efficiently and in a more cost-effective manner
than a traditional ERP implementation. We look forward to expanding
our NetSuite footprint in a number of strategic areas over the next
two years."
SuiteCloud Connect for Oracle
SuiteCloud Connect for Oracle is a critical element of the
NetSuite two-tier ERP solution for Oracle, enabling real-time data
exchange, visibility and control, and allowing users to roll up
general ledger, order and revenue information from NetSuite at the
subsidiary level to Oracle for aggregate financial reporting. In
addition to SuiteCloud Connect for Oracle, NetSuite Professional
Services and a global partner network offer expertise in all
aspects of Oracle integration. Some key partners include:
IBM Cast Iron
(www-01.ibm.com/software/integration/cast-iron-cloud-integration/partner-prospect/)
delivers a solution specifically for integrating NetSuite with
other applications. The Cast Iron Integration Solution for NetSuite
is a purpose-built solution that dramatically simplifies NetSuite
migration and integration projects and enables them to be completed
within days.
Informatica (www.informaticacloud.com/netsuite) delivers
the Informatica Cloud solution to integrate data processed by
NetSuite OneWorld at the subsidiary level with the on-premise
Oracle E-Business Suite at the enterprise level. This solution is
particularly well suited for multinational companies with multiple
subsidiaries operating across diverse markets, and offering
products and services through many different channels. The
Informatica Platform delivers powerful and proven enterprise
integration between NetSuite and SAP, Oracle, JD Edwards,
PeopleSoft, Salesforce.com and other ERP systems, major databases
and mainframes. Informatica also provides a free cloud-based Data
Loader for NetSuite customers that supports integration with Oracle
and other databases.
Dell Boomi (www.boomi.com/solutions/netsuite), part of
Dell (NASDAQ: DELL) Software, provides Boomi AtomSphere, a
centralized, cloud-based platform that delivers enterprise-grade
integration by quickly connecting any combination of cloud and
on-premise applications. With pre-built connectors for common
applications such as NetSuite, SAP and Oracle EBS, Dell Boomi
enables two-tier ERP, EDI and other critical business
processes.
Celigo (www.celigo.com) provides the Celigo Integrator,
specifically designed for implementing NetSuite integrations and
built directly on the native NetSuite platform as a SuiteBundle.
The Integrator can integrate NetSuite with any other software
application, including Oracle, Amazon, Google Apps, Salesforce.com
and many more. Celigo also provides a number of prebuilt, turnkey
connectors between other well-known applications and NetSuite, with
the ability to customize to fit specific business processes.
Pervasive Software
(http://integration.pervasive.com/Partners/PartnerNet/StrategicAlliances.aspx?LiveAccId=37091#)
enables two-tier integrations for key ecosystems such as HR, tax,
marketing automation, healthcare and financial services software
through its robust Data Integration and Data Quality platforms.
With more than 150 connectors, including certified connectors to
NetSuite and Salesforce CRM, as well as data sources including
PeopleSoft, Oracle, JD Edwards and SAP, Pervasive enables
incremental adoption and enterprise-level, multi-national
deployments.
Today, more than 12,000 companies and subsidiaries depend on
NetSuite to run complex, mission-critical business processes
globally in the cloud. Since its inception in 1998, NetSuite has
established itself as the leading provider of enterprise-class
cloud business management suites for divisions of large enterprises
and mid-sized organizations seeking to upgrade their antiquated
client/server ERP systems. NetSuite excels at streamlining business
operations as demonstrated in a recent Gartner study naming
NetSuite as the fastest growing top 10 financial management systems
vendor in the world. NetSuite continues its success in delivering
the best cloud ERP/financials suites to businesses around the
world, enabling them to lower IT costs significantly while
increasing productivity, as the global adoption of the cloud is
accelerating.
Follow NetSuite's Cloud blog, NetSuite's Facebook page and
@NetSuite Twitter handle for real-time updates.
For more information about NetSuite, please visit
www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are service marks of
NetSuite Inc.
(Logo:
http://photos.prnewswire.com/prnh/20090924/SF81218LOGO-b)
SOURCE NetSuite Inc.