NetSuite Targets A New Audience, Announces SuiteCloud Connect for Large Corporations

It isn’t news that cloud-computing software vendors are hawking their products as the perfect solution for mid-market enterprises experiencing a cash crunch, and now these vendors are pushing their applications to large enterprises trying to maintain circulation to their branches. Today at the Oracle OpenWorld convention, NetSuite announced a new version of their OneWorld product, which gives Oracle E-Business Suite users the savings and efficiency benefits of the cloud at a divisional level, while retaining current investments in Oracle applications at the corporate level.

During the economic crisis (from which we thankfully appear to be emerging), many corporations were unhappy with investments made in integrated productivity software suites, finding them unable to deliver the functionality and flexibility needed for managing multiple divisions. With cloud services, OneWorld for Oracle intends to bridge the corporate-branch gap, offering a modern solution for management from corporate systems. OneWorld for Oracle has been praised in particular by multinational companies looking to eliminate the restrictions of time zones and geography.

NetSuite’s new application is powered by SuiteCloud Connect, through which divisional users can send data to corporate, and adapts to several industry standard technologies for data migration. Of course, SuiteCloud Connect is not only for Oracle, but can be integrated into a number of ERP systems—it is essentially for any large enterprise wanting to blend their technology investments with on-demand services.

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