NetSuite moves onto Oracle Cloud Infrastructure
NetSuite, which was acquired by Oracle in 2016, is now moving its platforms onto the Oracle Cloud Infrastructure. The goal is to expand and improve service delivery from NetSuite globally, and allow Oracle to automatically and programmatically allocate resources, storage, the database and the network, all in the cloud.
Oracle’s cloud infrastructure, which is now in its second generation, is powerful because it was built to host Oracle’s large enterprise products. NetSuite’s customer base falls more in the midmarket range. Being hosted on Oracle’s cloud infrastructure will provide NetSuite with a platform for major growth, which is what Oracle is aiming for.
NetSuite customers in Frankfurt and London are already live on Oracle Cloud Infrastructure, and Oracle is taking NetSuite global. For accountants, their clients who start to expand their business to new regions will be able to do so with cloud access to NetSuite anywhere.
NetSuite’s strategy is as follows:
- In the next 18 months, NetSuite will go live in a total of 18 Oracle Cloud Infrastructure data centers across the U.S., EMEA (Europe, Middle East and Africa) and JAPAC (Japan and Asia Pacific).
- By Spring 2020, Oracle will provision 100 percent of new NetSuite customers in Europe on Oracle Cloud Infrastructure.
- Following the launch of data centers in Europe, NetSuite will go live on Oracle Cloud Infrastructure in data centers in APAC, starting with Japan and Australia, which will have two data centers each.
- Two U.S. Oracle Cloud Infrastructure regions will be available to new NetSuite customers next spring.