A progress report: Netsuite under Oracle
Since Netsuite have started working under Oracle, many people were wondering how they are coordinating? how Netsuite or Oracle feel about this working situation. To make it clear and simple here is the information which will help us understand their working conditions:
Netsuite has associated itself with the fast-growing and developed companies. Netsuite is better at handling its customers as compared to Oracle’s cloud application. Even in the market, the Netsuite is at a better position as compared to the Oracle’s applications. According to the customer handling and the making and development of an application and promoting it to its users Netsuite is better.
Since Netsuite have a new parent company, one which was already developed, Netsuite is making the most out of this situation. They have expanded their sales of products to 199 countries while they only had their offices in 15 countries. Netsuite has done a great job to make them a brand by increasing their brand awareness.
Verticals are the area where Netsuite is unable to stand the Oracles. However, Oracles have a firm control over the verticals. Mainly because the new entrants are still struggling to make a profit and they are unable to focus on their insurance, utilities, hospitality, and healthcare issues. Due to which Oracle is at the lead in this sector.
Netsuite is able to assemble its data of 4000 customers in its clouds so far, whereas Oracle’s information has been saved in the cloud as well which have expanded almost everywhere. Oracle is a known Brand, who has won the hearts of its customers. Netsuite is still struggling to reach that level but due to it’s execs to Amazon, Microsoft, Google, IBM, and Alibaba Net suite have definitely grasped the attention of many people.