Currently, cloud computing allows organizations to adapt to changes in business models, both from a strategic and operational standpoint.
Organizations with a cloud adoption strategy have learned that the real value of the cloud comes from the ability to delegate a service level agreement (SLA) to a comprehensive solution, from infrastructure to application, rather than individual components.
It is also undeniable that a cloud platform reduces complexity and total cost of ownership (TCO) and increases reliability, enabling faster development processes and reducing risks.
Organizations that adopt a systems-on-premises approach miss out on many of the benefits of the cloud and fall into several pitfalls. In the current state of the market, not all cloud providers can meet the challenge of delivering an integrated offering, and this forces organizations to manage more than they would like.
Oracle NetSuite ERP Value Proposition
As a leading cloud ERP company, Oracle NetSuite not only champions the cause of providing a true cloud platform, but also continually strives to develop a truly integrated suite for our growing global customer base of over 24.000.
Furthermore, the SuiteSuccess customer engagement model has been helping thousands of new customers implement the platform faster and leverage key business process practices to create and deliver value within the organization in far less time than traditional approaches.
“Although many companies still invest in outdated on-premises systems, more technology-driven organizations have shifted their focus to SaaS and cloud-enabled software. This focus is driven by the need for flexible and agile business applications that are relatively easy to implement, configure, and update.” IDC
Oracle NetSuite: The Value of a True Cloud Platform – Key Differentiators
Software as a Service (SaaS) and Multi-tenant Architecture:
Software as a Service (SaaS)
Oracle NetSuite is offered as Software as a Service (SaaS). Applications are accessed through a web browser or a mobile app. Unlike on-premises software, Oracle NetSuite customers do not need to be involved in managing the underlying cloud infrastructure, including networking, servers, operating systems, storage, and application updates.
Multi-tenant architecture
Oracle NetSuite has a single application instance. Each client can make customizations and configurations that are rendered in their dashboard. Regardless of what fake cloud providers tell you, a multi-tenant platform is important.
For example, with a true cloud provider, all customers typically access the same solution from the same cloud. This gives customers seamless and instant access to the latest product updates.
Preserving your IT investments
Public Cloud
Oracle NetSuite is offered as a public cloud implementation and has a single application instance. This aligns with our strategy of offering SaaS and a multi-tenant architecture, allowing our customers of all sizes to have the same application version globally and enjoy the benefits of economies of scale, reduced capacity planning, greater agility, scalability, and lower IT costs.
The two-tier ERP strategy
Two-tier ERP is a business and technology strategy that allows organizations to maintain their investments in existing ERP management systems, such as SAP or Oracle, while simultaneously implementing cloud-based ERP, such as Oracle NetSuite, in new subsidiaries. As large corporations expand and restructure through mergers and acquisitions, becoming even larger, one strategy to preserve their existing investments in management systems is to adopt a hub-and-spoke approach to ERP.
There are three hub and spoke models:
- All business units (head office and subsidiaries) use a single instance of the application.
- The corporate hub and the business unit spoke use the same application, but may have more than one instance.
3. Business units choose a spoke solution from an approved list of solutions, allowing subsidiaries to select the solution that best suits their needs. For example, business units in a given location often need to handle specific customer billing and payment practices and local regulatory requirements.
An integrated business application package
Companies across virtually every sector are using sophisticated software to fuel their growth, but many still struggle to keep pace with their own growth and manage costs efficiently due to a set of disconnected functional systems that result in bottlenecks and productivity issues for employees.
Integrated software packages are transforming how businesses are managed, empowering them to overcome challenges that previously prevented them from achieving higher levels of profitable growth. In a Return on Investment (ROI) study by the independent analysis firm Nucleus Research, customers using Oracle NetSuite's integrated cloud suite reduced their accounting closing times by up to 50%, increased sales productivity by 12.5%, and inventory turnover by 50%, among other efficiency improvements.
Meet Active!
At Active Cloud Solutions, we work with Oracle NetSuite, an ERP system that helps companies improve their business management processes by easily keeping their company data secure and unified in the cloud.
Join the more than 40 companies that use NetSuite and discover how quality software is essential for managing your business.
