Tag:

NetSuite

Oracle NetSuite ERP powers Unilab for better management

Oracle NetSuite announced that Unilab, a pharmaceutical company in the Philippines, has deployed NetSuite OneWorld to power its 21 distributors by setting them up as...

Oracle NetSuite assists designer Jonathan Adler to expand globally

Oracle NetSuite has assisted home furnishings designer Jonathan Adler to expand the number of its company-run retail stores from 18 to 26 and grow its webstore, JonathanAdler.com. Jonathan...

Minds&More deploys NetSuite ERP, replaces Salesforce CRM

NetSuite announced that Minds&More has implemented NetSuite Services Resource Planning (SRP). NetSuite will support Minds&More for financials, project and resource management, customer relationship management (CRM), time and...

Simplyhealth co selects NetSuite ERP solution, replacing Sage

The Unlimited Company from Simplyhealth, a retailer for mobility / daily living aids, has selected NetSuite ERP solution. NetSuite said the Unlimited Company has replaced three...

Europe Watch taps NetSuite ERP, dumping SAP and Microsoft

Europe Watch Group, the distributor of the CLUSE and Cortese watch brands, has selected NetSuite OneWorld ERP solution to fuel its global expansion plans. Europe...

AUS property Adv company deploys NetSuite OneWorld

Australia’s REA Group Limited, a multinational digital advertising business specialising in property, has deployed NetSuite OneWorld. REA Group replaced multiple, disparate legacy software systems and...

Analysis of Oracle and NetSuite Cloud SaaS and PaaS competitors 

Meaghan McGrath, analyst at TBR, says ERP of NetSuite helps Oracle pave the way to cloud dominance  and Oracle’s aggressive growth objectives made acquisitions inevitable. When Oracle founder, executive chairman and CTO Larry Ellison claimed during Oracle’s June 2016 earnings call  that Oracle would beat Salesforce to $10 billion in annual SaaS and PaaS revenue, acquisition alarms went off at  TBR. As we wrote at the time, “With Salesforce on track to draw $10.5 billion in that segment by CY18, TBR  believes Oracle can only reach this milestone first with additional, large acquisitions, on top of its 3Q16‐closed  Textura and Opower purchases, rather than finding an organic 113 percent CAGR over the coming two fiscal years.” While Oracle’s proposed acquisition of NetSuite would add only $673 million in trailing 12‐month (July 1, 2015 to  June 30, 2016) subscription revenue to Oracle’s $2.2 billion in trailing 12‐month (June 1, 2015 to May 31, 2016)  SaaS and PaaS revenue, the larger revenue growth potential comes in the cross‐selling opportunities of Oracle’s  broader portfolio of cloud software into NetSuite’s large SMB customer base, the ability to accelerate NetSuite  adoption through Oracle’s large enterprise appeal distribution channel resources and other natural synergies  across the businesses. Deal Details    # On July 28, 2016, Oracle announced its intent to acquire NetSuite for approximately $9.3  billion, a 19 percent premium on NetSuite’s value at previous day’s market close # Due to large ownership of NetSuite stock by Larry Ellison and his family, the deal is facing normal ...

NetSuite acquires IQity’s cloud business

NetSuite acquired IQity's cloud business. The financial terms of the acquisition were not disclosed. Founded in 2007 and headquartered in Pittsburgh, IQity Solutions joined NetSuite's SuiteCloud...