Oracle to Buy NetSuite: What Does It Mean for You?

On July 28, 2016, Oracle announced plans to acquire NetSuite for $9.3 billion. While industry experts are busy weighing in on what this major move will mean for the cloud computing industry, current and potential NetSuite users may be wondering: What does this mean for me? Alongside a press release announcing the deal, NetSuite released an Overview and FAQ document highlighting what NetSuite customers can expect from the acquisition:

“Business as usual” – Until the acquisition closes (expected in 2016), Oracle and NetSuite will continue to operate independently and will not make changes to product availability or support services. According to Mark Hurd, Oracle CEO, “Oracle and NetSuite cloud applications are complementary, and will coexist in the marketplace forever…We intend to invest heavily in both products – engineering and distribution.”
“Expanded reach” – Oracle intends to use its complementary suite of products, technology resources, and global reach to help NetSuite fast-track the expansion of its cloud offerings to more industries and more countries.
“Accelerate the pace of innovation” – Throughout reports announcing the acquisition, Oracle representatives have emphasized the company’s commitment to enhancing NetSuite products, and “accelerat[ing] the pace of innovation in NetSuite functionality and capabilities.”

If you have questions about what Oracle’s acquisition of NetSuite means for your business, give us a call and ask to speak with one of our Cloud Enablement experts. We’d be happy to talk through your situation and explore areas where we might be able to help.

Jeff Roper

16:18 29 Aug 17

We contracted with Tricension to take on something of a unique challenge with our firm; importing data from a variety of database types into our format. We gave Tricension some basic information on the process that we were using within our company and no documentation on the database itself. They have done an excellent job of familiarizing themselves with our database and other database types, creating their own processes to more efficiently import the data, and working with customers to keep them updated on progress.They have an excellent approach to project management and have done a great job of keeping our customers updated on progress. Our business fluctuates quite a bit seasonally, and they have done a great job adding staff to the projects during busy times and dialing back during slow periods. Although the cost per hour is higher for their service, we save money and provide better service by utilizing Tricension due to their staffing flexibility.

Chancie Adams

17:33 01 Sep 17

Tricension came to the table with expertise and dug deep to understand what our company needed. They scoped our project appropriate and applied the right resources to get it done on time, on budget, and delivered exactly what we needed. Their staff is professional and highly skilled.

Renee Keffer

20:44 29 Aug 17

Tricension is a great business partner. They put focus on delivering a quality product and put the needs of the customer first. When our requirements shifted mid-project, they worked with us to make the necessary adjustments to ensure success.

Kevin Huntsman

12:26 06 Sep 17

The team at Tricension does an exceptional job! They are very easy to work with and the entire team is well prepared and exceeds all of my expectations. I would highly recommend Tricension.

Frank Kaul

19:47 08 Sep 17

The Tricension team has completed several integration projects for us to dramatically improve transaction processing and eliminate error prone data entry. These projects have had a dramatic impact on our business. I really enjoy working with their people.

Oracle to Buy NetSuite: What Does It Mean for You?

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