Cloud computing is a style of computing in which dynamically scalable and often virtualized resources are provided as a service over the Internet.Users need not have knowledge of, expertise in, or control over the technology infrastructure in the "cloud" that supports them.
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Cloud computing is a style of computing in which dynamically scalable and often virtualized resources are provided as a service over the Internet.
NetSuite Gets Cost benefits in The Cloud
SAN MATEO, Calif. — October 14, 2009 —NetSuite Inc. (NYSE: N), a leading vendor of cloud computing business management software suites, today announced a new version of NetSuite OneWorld that lets Oracle E-Business Suite enterprise customers enjoy the cost savings and efficiency benefits of cloud-based business suites at the divisional level while retaining current investments in Oracle applications at the corporate level. With NetSuite OneWorld for Oracle, Oracle E-Business Suite customers can use NetSuite’s leading Software as a Service (SaaS) application to manage multinational, multi-subsidiary business operations in real-time and then roll up division-level transaction and summary data to gain a key enterprise-wide view of business operations.
This new offering from NetSuite targets a market opportunity that is gaining significant attention in the current economy as large enterprises struggle to control costs and gain greater efficiencies across key business processes. While some companies spend vast sums on corporate implementations of integrated suites like Oracle, these business software systems often have difficulty delivering the functionality and flexibility needed to manage and drive the multiple divisions that make up today’s typical large multinational corporations.
Read More here http://www.netsuite.com.au/portal/au/press/releases/nlpr10-14-09.shtml
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