"The approach offered by NetSuite and Informatica, pairing cloud services with enhanced integration, has significantly improved the success rates and ROI of two-tier cloud ERP strategies," says R. "Ray" Wang, principal analyst and CEO of Constellation Research.
"Data Integration is increasingly critical to seamlessly augment existing on-premise systems with modern Cloud Computing services," said Sohaib Abbasi, Informatica CEO. "With two-tier ERP, enabled by Informatica data integration, enterprises get the best of both worlds: leveraging the scale of existing enterprise systems with the agility of cloud ERP for divisions to quickly pursue new market opportunities. Informatica Cloud enables data migration and data synchronization between the cloud and on-premise systems."
"Our partnership combines two best-in-class solutions to bring cloud ERP to the enterprise. CIOs in the world's largest companies now have the tools they need to build an enterprise class hub and spoke strategy that enables them to dramatically reduce their IT costs by standardizing on cloud ERP," said Zach Nelson, NetSuite CEO. "With NetSuite and Informatica, organizations can standardize on the cloud and retain the power and value of their existing systems, at a fraction of the implementation time of a wholesale IT overhaul, and with a much higher degree of success."
Connecting On-Premise ERP with NetSuite OneWorldNetSuite OneWorld is the first and only cloud software system to deliver real-time global business management and financial consolidation to mid-sized companies with multinational and multi-subsidiary operations and divisions of large enterprises. It enables them to automate complex, mission-critical business processes in the cloud from ERP, to CRM, to Ecommerce. NetSuite OneWorld readily handles different currencies, taxation rules, and reporting requirements at a fraction of the cost of traditional on-premise ERP solutions. The Informatica Platform enables the exchange of transactional and master data from NetSuite, including invoices, purchase orders, item fulfillments (shipments), journal entries, inventory adjustments, time entries and expense reports, and customer, employee, product and accounting structure information.
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