NetSuite, a provider of cloud computing business management software suites, has entered into a partnership with IBM to further connect and integrate their respective cloud offerings.

The company said that the focal point of the effort is IBM’s acquisition of Cast Iron Systems, a company that enables customers to connect on-premise applications and business processes to software as a service (SaaS) applications, including NetSuite and NetSuite OneWorld, a cloud-based offering that offers global business management and financial consolidation for businesses with multinational and multi-subsidiary operations.

The Cast Iron Systems offering provides a platform to integrate cloud and on-premise applications. With NetSuite OneWorld and the Cast Iron Systems offering, customers can use NetSuite’s cloud applications to manage multinational, multi-subsidiary business operations in real-time and then roll up division-level transaction and summary data to their corporate-level SAP or Oracle enterprise resource planning (ERP) system, the company said.

Angel Luis Diaz, vice president of BPM and connectivity at IBM, said: With the growth of Software as a Service, companies have an increasing need to integrate data and business processes across on-premise and cloud systems, both within and beyond the enterprise.

“IBM and NetSuite share a vision to provide customers with simplified solutions that optimise the cloud and give both the line of business and IT workers fast access to the information and processes they need to meet business goals.