NetSuite Takes Center Stage On Final Day Of Oracle OpenWorld

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And NetSuite partners want to learn more about Oracle solutions as well, he added.

The companies have collaborated closely over the years – a close relationship rooted in Oracle founder Larry Ellison's role as one of NetSuite's initial investors.

"NetSuite to us was first a great partner," Hurd said, adding both companies excel in one of the software industry's biggest categories – ERP.

NetSuite's business management product originated serving small and midsized customers. Oracle has long focused on the was trying and most-complex deployments in the world.

"Our view was this was the perfect complement to what we were doing," Hurd said of joining the two ERP suites under one roof.

Oracle's strategy when acquiring NetSuite, Hurd said, was simple: accelerate the cloud-based business software vendor's opportunity in the market through Oracle technology.

"Our view was trying to give NetSuite all of the best of Oracle," Hurd said, and "so far we've seen an acceleration of growth."

That means increased distribution, more points of presence, more salespeople, and more partners, Hurd said.

The push has been exceptionally strong outside the U.S., where it is traditionally hard for American software companies to continue scaling. However, in other countries, especially in Europe, there's a lot more small and midsize business that could benefit from the capabilities NetSuite delivers, Hurd said.

Many of those initiatives would have been prohibitively difficult for NetSuite had it remained a public company. Under Oracle, research and development have increased 20 percent, and distribution by 30 percent, Hurd said.

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