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Technology / AI and automation

Oracle and NetSuite form cloud computing alliance

Oracle and NetSuite have formed an alliance to offer integrated HCM and ERP Cloud Services to mid-size customers.

Under the alliance, Oracle’s human resources software will be integrated with NetSuite’s services for enterprise resource planning (ERP).

The alliance will also see Deloitte work with both the firms to develop specialists in tools and implementation services to help customers adopt the SaaS technologies faster.

Oracle is also planning to develop a product integration and go-to-market strategy with NetSuite for Oracle HCM Cloud and NetSuite Cloud ERP to deliver a single application that connects HR as well as finance systems for mid-size customers.

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Oracle president Mark Hurd said driving the development and retention of the right talent, and getting strategic data around HR practices can help mid-size companies transform their business operations.

"NetSuite and Oracle are now working together to provide access to Oracle’s leading enterprise-level cloud-based HR & Talent Management solutions that are integrated with NetSuite’s Cloud ERP suite applications," Hurd said.

"With Deloitte implementing these integrated solutions, mid-size companies can quickly gain access to an incredible new level of HR management that can help impact their bottom line."

NetSuite CEO Zach Nelson said: "Customers will benefit from the commonality of the products’ underlying Oracle-based architecture and the enormous investment in R&D and customer service that both companies bring to the table."

Deloitte Consulting CEO Jim Moffatt said mid-sized companies are looking for solutions that allow them to be nimble and respond quickly to market opportunities.

"This newly integrated solution will help these organisations deliver better service at a lower cost, ultimately giving them an edge in the war for talent and a true competitive edge," Moffatt said.
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CBR Staff Writer

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