Oracle Corporation

17/04/2024 | Press release | Distributed by Public on 17/04/2024 07:06

NetSuite Helps Organizations in the UK and Ireland Connect AI-Powered Insights Across Multiple Businesses

To help organisations with multiple businesses expand insights across their entire portfolio, Oracle NetSuite today announced the launch of NetSuite Analytics Warehouse Multi-Instance Connector. The new connector enables customers in the UK and Ireland to reduce costs and improve decision-making by consolidating data from multiple NetSuite instances into a single NetSuite Analytics Warehouse environment and improving the accuracy and speed of insights.

"Holding and parent companies, private equity firms, and franchisors often struggle to consolidate data and derive meaningful insights from the portfolio of businesses they oversee. In many cases, workarounds are time-consuming, error prone, and expensive," said Evan Goldberg, founder and EVP, Oracle NetSuite. "With NetSuite Analytics Warehouse Multi-Instance Connector, customers with multiple NetSuite instances can efficiently centralise data, leverage industry-leading AI and analytics to quickly spot patterns, and gain insights from across their portfolio of businesses to accelerate growth."

Built on the Oracle Analytics Cloud and Oracle Autonomous Data Warehouse, NetSuite Analytics Warehouse is the first and only AI-enabled, prebuilt cloud data warehouse and analytics solution for NetSuite. With NetSuite Analytics Warehouse Multi-Instance Connector, organisations can consolidate data, simplify data management, access current analytics, and improve the accuracy of insights. This enables customers that manage a portfolio of different businesses to:

  • Reduce costs: Helps organisations reduce the cost and complexity of additional software licenses by connecting data from multiple NetSuite instances for efficient access to accurate business intelligence.
  • Expand insights: Helps organisations understand how well portfolio investments meet financial objectives and tolerate risk with features like chart narratives, pattern recognition and anomaly detection. With a single view across their portfolio, organisations can identify new revenue streams and accurately forecast growth by leveraging predictive analytics using the built-in AI and machine learning capabilities.
  • Enhance decision-making: Enables organisations to leverage their consolidated data to identify issues and quickly respond to opportunities using the collection of interactive dashboards, visualisations, and key metrics.

To learn more, visit: https://www.netsuite.co.uk/portal/uk/products/analytics/data-warehouse.shtml.

Availability: NetSuite Analytics Warehouse Multi-Instance Connector is available now in the United Kingdom and Ireland.

About Oracle NetSuite

For more than 25 years, Oracle NetSuite has helped organisations grow, scale, and adapt to change. NetSuite provides an integrated system that includes financials / Enterprise Resource Planning (ERP), inventory management, HR, professional services automation and omnichannel commerce, used by more than customers in countries and dependent territories.

Trademarks

Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company-ushering in the new era of cloud computing.

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JP Charles
Oracle Corporation
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