REDWOOD CITY, Calif. and SAN MATEO, Calif., March 1, 2011 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, and Informatica (Nasdaq: INFA), the world's number one independent provider of data integration software, today announced a strategic partnership to deliver the first cloud computing-based solution for deploying two-tier ERP systems. Combining Informatica's world-class enterprise data integration with NetSuite's leading cloud ERP suites, global companies can extend and enhance their on-premise enterprise systems with cloud-based ERP solutions for their regional subsidiaries and divisions. With this new two-tier ERP offering, CIOs can lower IT costs, significantly reduce business system implementation times, and gain speed to market.
Informatica's Cloud integrates data processed by NetSuite OneWorld at the division or department level with on-premise systems, such as SAP R/3 and Oracle Applications at the enterprise level. This new solution is particularly well suited for multinational companies with multiple subsidiaries operating across diverse markets, and offering products and services through many different channels.
To compete globally, large enterprises strive to gain agility in pursuing new market opportunities while improving productivity and operational efficiency. Legacy, on-premise business systems often have proven to be too costly and too complex to support the required business agility. In contrast, with two-tier ERP, enterprises can set up new global divisions and subsidiaries quickly while still leveraging the existing investment in the company's on-premise enterprise ERP solution.
With a two-tier ERP infrastructure, the existing SAP or Oracle system serves as the hub at the enterprise level and is augmented with more flexible and cost effective cloud ERP solutions, such as NetSuite OneWorld, at the subsidiary or divisional level. Informatica's cloud data integration solution enables integration between the on-premise enterprise system and cloud divisional systems. Using Informatica cloud data integration for two-tier ERP, enterprises benefit by accelerated consolidation, real-time visibility into subsidiary performance, local flexibility and control. And, since NetSuite can be deployed far more rapidly than conventional on-premise ERP, enterprises can standardize systems and process in weeks or months instead of years.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV