NETSUITE ANNOUNCES MASSIVE GLOBAL EXPANSION INITIATIVES

LAS VEGAS, April 25, 2017 /PRNewswire/ -- SUITEWORLD 2017 -- Oracle NetSuite Global Business Unit, the industry's leading provider of cloud financials / ERP, HR and omnichannel commerce software suites, today announced a massive expansion plan to accelerate its international growth. NetSuite customers will benefit from Oracle's vast global scale and resources. The expansion initiatives will enable Oracle NetSuite Global Business Unit to launch more data centers, more field offices and more development centers globally, which will help to bring the leading cloud ERP suite to more organizations around the world.

"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," said Jim McGeever, Executive Vice President of Oracle NetSuite Global Business Unit. "Oracle's technology infrastructure and global reach enables us to help ensure customer success no matter where they are located in the world."

"Oracle's increased investment in all areas of the NetSuite product and operations offers more opportunities to customers, particularly growing international businesses like PageGroup," said Mark Hearn, Finance Director of recruitment company PageGroup. "As we continue our global roll-out of NetSuite OneWorld, I am reassured by the even greater capabilities and resources behind the product. A commitment to strong and sustained investment in OneWorld functionality will enable international companies like us to continue to grow with NetSuite in the future."

Adding Oracle's global resources to NetSuite's existing global footprint provides rapid entry and expansion into new markets across three key areas:

Data Centers. Oracle NetSuite Global Business Unit plans to more than double its data center footprint from five data centers globally to 11. NetSuite currently operates five data centers, three in North America, one in Amsterdam, Netherlands and one in Dublin, Ireland. NetSuite expects to add a fourth North American data center in Chicago. As part of the global expansion plans, NetSuite will leverage existing Oracle data centers in Europe and Asia. In Europe, NetSuite is scheduled to open a data center 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 centers 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 centers. Oracle NetSuite Global Business Unit is leveraging existing Oracle development centers across India, China and Japan. The development centers will be able to accelerate the development of international, regional and local features and functionality within NetSuite OneWorld.

About Oracle NetSuite Global Business Unit
Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world's first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit www.netsuite.com.

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About Oracle
Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

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SOURCE Oracle NetSuite Global Business Unit

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