Oracle strengthened its position as the leader in the race to the cloud with their purchase of NetSuite. The $9.3 billion dollar acquisition cements Oracle’s position as the biggest provider of Software as a Service in the industry. NetSuite’s market share in small to mid-sized companies complements Oracle’s strength with enterprise companies and governments. The purchase gives Oracle a diverse software portfolio of affordable cloud solutions for businesses of all sizes, across almost every industry.
How Does This Help Oracle?
NetSuite was one of the first companies to adopt the SaaS (Software as a Service) business model, before Microsoft, HPE, IBM, and Adobe. The SaaS approach is now the primary business model for most major software companies. The expertise from NetSuite will hone Oracle’s already impressive position in the market.
NetSuite’s robust ERP (enterprise resource planning) software portfolio is a major asset Oracle will acquire. With Oracle’s extensive cloud resources, offering NetSuite’s ERP solutions to larger companies and federal institutions could result in a prompt return on investment.
What Does This Mean for Current Oracle Customers?
If you are running Oracle software in your data center, the NetSuite merger presents additional options to help your business grow and run more efficiently. If you have questions or concerns about your current hardware assets, specifically, if they are sufficient to incorporate some of the new applications the merger will make available, FrontierUS’s Oracle specialists can answer all your questions.
