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NetSuite Accelerates Business Expansion in EMEA

Leveraging Oracle Resources, NetSuite Adds More Capabilities to Help Ensure Customer Success

NEXT READY BUSINESS TOUR 2017, London—October 16, 2017—Oracle NetSuite, one of the world’s leading providers of cloud-based financials / ERPHRProfessional Services Automation (PSA) and omnichannel commerce software suites, today launched SuiteSuccess editions for Ireland and UK headquartered companies and announced more EMEA-specific product enhancements, more new offices in the region and more customer and partner wins. With the resources of Oracle, NetSuite is able to accelerate growth and product innovation, and strengthen its commitment to customer and partner success in the region.

“EMEA has long been a strategic region for NetSuite and a key factor in our growth,” said Mark Woodhams, VP EMEA for Oracle NetSuite. “With the backing of Oracle’s resources, we are doubling down on our commitment to the region to help ensure more customer and partner success.”

MORE LOCALIZED FUNCTIONALITY

The new NetSuite OneWorld features unveiled today deliver more global financial capabilities to allow businesses in EMEA to gain greater financial control over intercompany accounting across multiple jurisdiction countries, improve auditing process, reduce financial close time, and provide businesses with an exceptional experience when conducting bank reconciliation. In addition, building on the momentum of localized product releases for the Nordics, Benelux, Southern Europe and Middle East headquartered companies, NetSuite not only released more localized functionality for existing customers across these regions, but launched NetSuite OneWorld localized features to help meet business requirements, tax and regulatory compliance in Spain and Portugal, allowing businesses in those countries to run their mission critical business processes in the cloud.

Read the full press release.

MORE SUITESUCCESS

NetSuite today announced the availability of SuiteSuccess, one of the first unified industry cloud solutions, for companies based in the UK and Ireland. SuiteSuccess gives customers access to leading industry practices, pre-built KPIs and dashboards, and a path to the cloud in as little as 100 days. The SuiteSuccess Financials First Edition and SuiteSuccess for Wholesale Distribution Industry Solution are the first SuiteSuccess solutions to be offered in the region.

Read the full press release.

MORE SUITECLOUD DEVELOPMENT NETWORK PARTNERS

NetSuite today announced significant expansion of its SuiteCloud Developer Network (SDN) programme, on a global basis. Under the initiative, NetSuite is increasing the growth of SDN partnerships with independent software vendors (ISVs) that build specialized and complementary solutions, to extend the NetSuite platform across more countries in EMEA, APJ and Latin America. NetSuite customers can benefit from the globalisation of SDN by gaining access to completely localized solutions that help meet local requirements. The SDN globalisation aligns with NetSuite’s own rapid acceleration of international growth.

By adding and expanding SDN partnerships around the world, NetSuite is driving partner development of add-on solutions, called SuiteApps, that enrich NetSuite with process- and industry-specific functionality localized to the unique requirements of individual countries. SDN partner SuiteApps with “last-mile localisation” give customers country-specific functionality for accounting standards, tax calculations, regulatory and reporting requirements, compliance, billing and prevailing business standards. The expansion also promotes development of SuiteApps that address unique needs in industry verticals and microverticals on a country and regional level.

MORE PARTNER SUCCESS

NetSuite continues to strengthen its channel in EMEA, adding new partners in the UK, Sweden, Finland, Belgium, South Africa, Middle East and more, to meet the growing demand for cloud ERP in the region. NetSuite announced today that SystemsAccountants, a leading specialist recruitment and resourcing solutions company, has joined the NetSuite Alliance Partner Program after having first-hand experience growing its own business as a customer.

Read the full press release on SystemsAccountants.

MORE CUSTOMER SUCCESS

EMEA-Based Customers Get Ready for Next with NetSuite
Many fast growing, innovative companies adopt NetSuite to ready themselves for next. Along with SystemsAccountants, other customers announced today include London-based home fashion label, Buster + Punch, and OSL Cutting Technologies, a manufacturer and importer of magnetic drilling machines and cutting tools.

Read the full press release on Buster+Punch.

Read the full press release on OSL Cutting Technologies.

MORE OFFICES, MORE COUNTRIES, MORE EMPLOYEES, MORE INFRASTRUCTURE

Delivering on its pledge to expand globally, NetSuite announced today that it has quadrupled the sales force in EMEA since January of this year. That investment includes direct sales forces in the Netherlands, Sweden and Germany, as well as direct sales forces in Dubai and Qatar to serve the Middle East and South Africa. NetSuite is also adding marketing and services personnel in the region and development staff to continue to localize NetSuite to address country- and region-specific requirements.

With the rapid expansion across Europe, NetSuite plans to build a data centre in Germany in the coming year to remedy the lack of modern cloud computing offerings in the country. NetSuite currently operates six data centres, four in North America, most recently opening a data centre in Chicago. In addition, NetSuite currently operates two data centres in EMEA, one in Amsterdam, Netherlands and one in Dublin, Ireland.

About Oracle NetSuite
Oracle NetSuite pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, it provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.

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About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

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