NetSuite has flagged a massive expansion plan to accelerate its international growth piggy backing on the global reach of Oracle which acquired the business last year for $US9.3 Billion.
The company says the news reflects the benefits available to its customers from Oracle’s vast global scale and resources.
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Oracle’s NetSuite Global Business Unit will launch more data centres, field offices and development centres globally.
According to Jim McGeever, Executive Vice President of Oracle NetSuite Global Business Unit. “Leveraging Oracle’s global scale, we are able to massively accelerate NetSuite’s vision of bringing a single unified suite to companies all over the world,. Oracle’s technology infrastructure and global reach enables us to help ensure customer success no matter where they are located in the world.”
The companies outlines its expansion across three key areas:
- Data Centres. The company will more than double its data centre footprint from five data centres globally to 11. It expects to add a fourth North American data centre in Chicago while internationally NetSuite is scheduled to open a data centre in Frankfurt, Germany to remedy the lack of modern cloud computing offerings in the country. In Asia Pacific, NetSuite plans to initially launch facilities in Australia and Singapore, followed by Japan and China. The addition of Oracle data centres to NetSuite’s operations will provide even greater security, redundancy, performance and scalability for new and existing customers across the globe.
- Field offices. NetSuite expects to double its global presence, expanding from offices in 10 countries to 23 spread across the globe. The addition of Oracle’s field offices significantly increases NetSuite’s ability to meet the rising demand for cloud ERP around the world. NetSuite is establishing a new presence in Argentina, Brazil, Colombia, Chile, Mexico, France, Germany, Sweden, Dubai, China, India, Malaysia and New Zealand. In addition, NetSuite is expanding headcount in existing field offices by over 50 percent to provide better resources for customer demand.
- Development centres. Oracle NetSuite Global Business Unit is leveraging existing Oracle development centres across India, China and Japan. The development centres will be able to accelerate the development of international, regional and local features and functionality within NetSuite OneWorld.
The company will also be aggressively adding headcount. “We will hire more people in 2018 than we had total employees in 2012, ” McGeever told delegates to the SuiteWorld 17 event in Las Vegas.
Earlier, Oracle CEO Mark Hurd told the customer event that the goal was to give the NetSuite business all the benefits of Oracle scale and none of the encumbrances of Oracle’s bureaucracy. “Scale is a beautiful asset until its not.”
However the early evidence is positive he said, “Since we closed the deal we have increased the growth rate.”