A blog by Oleg Shilovitsky
Information & Comments about Engineering and Manufacturing Software

Where Oracle NetSuite is Growing?

Where Oracle NetSuite is Growing?
Oleg
Oleg
6 April, 2019 | 2 min for reading

I spent last week at Oracle NetSuite event in Las Vegas –  Suite World 2019. Want to learn more – check SuiteWorld2019 website. The event theme was Grow Beyond. Grow is hard. Sustainable growth is even harder and statistically rare – said Gary Wiessinger, Senior VP of Product Management at Oracle NetSuite (more about NetSuite product development in my next article).

Growth is hard and NetSuite made a lot of steps. I found this slide interesting.

However, the key message of NetSuite event that I found important is “platform”. You can think ERP would be the most popular word at ERP vendor event. Not really… The platform, single platform, data, analytics – those are the most popular words.

And my favorite story is a story of NetSuite SuiteAnalytics Workbook.

Another interesting story is about manufacturing companies discovering new business models. In the past few years, manufacturing was heavily impacted by the development of electronics and software. Electronic wrapped in plastic – I’m sure you’ve heard it before. The software is even more interesting. NetSuite executive keynote presented an example of a manufacturing company – Roku growing from a hardware vendor to service software vendor.


Getting back to the “platform” story. This is how the growth of platform and services is translated into value.


NetSuite builds an interesting cloud platform. And as it stated by Mark Hurd, Oracle CEO at the event, Oracle owns two multi-tenant cloud platforms, while competitors have none. Cannot really comment on the last one, but would be interested to hear your comments on this. 


My favorite thing at NetSuite Growth story is Growwire. Check this website full of stories. This is my favorite example of stories that help to your brand

What is my conclusion? SuiteWorld19 was fun and energetic. Manufacturing companies can learn that there is an opportunity to get on real cloud platform these days to get the value of unified data management, analytics, and services. The real question is how many manufacturing specific functions NetSuite can bring to engineering and manufacturing shop. In my next article, I will speak about SuiteWorld manufacturing sessions and share my thoughts about NetSuite manufacturing. Just my thoughts…

Best, Oleg

Disclosure: Oracle NetSuite paid for my trip to SuiteWorld and some of the meals, but at no way influenced the content of this article.

Disclaimer: I’m co-founder and CEO of OpenBOM developing cloud-based bill of materials and inventory management tool for manufacturing companies, hardware startups and supply chain. My opinion can be unintentionally biased.


Recent Posts

Also on BeyondPLM

4 6
11 December, 2013

Storage of information is a big deal. The amount of data around us is growing faster than we can even...

22 January, 2011

I’m still digesting a huge amount of information I learned from PLM Innovation Congress earlier this week in London. However,...

21 December, 2017

Long time ago I found an interesting statistic about Dropbox usage by engineering departments. It was the time when PLM...

7 January, 2019

If you’re looking for PLM jobs in Boston, you’re in luck. Many CAD / PLM companies are located in Massachusetts...

29 May, 2014

IoT (Internet of things) is trending these days. Connected houses, cars, sensors, thermostats, LED lamps, etc. On the recent COFES...

26 March, 2014

Collaboration is inspiring. It is very overloaded word in engineering space. Collaboration is often used in the context of CAD,...

6 April, 2010

I’d like to put a short note this morning. It comes from my review of Patently Apple blog. The very...

26 November, 2011

It is a long weekend in US. Even if my day-to-day business activities are not completely US oriented, I can...

5 December, 2014

One of the topics I touched in my yesterday post about future PLM platforms is platform migration. The ability of customer...

Blogroll

To the top