Sunday, February 18, 2018 8:39:56 PM
Oracle bought NetSuite a little less than two years ago and added 10,000 companies since (33% increase). How do you keep that market share growing? By adding new capabilities as fast as you can.
Oracle Buys NetSuite
$9.3 billion
Redwood Shores, Calif.—Jul 28, 2016
https://www.oracle.com/corporate/pressrelease/oracle-buys-netsuite-072816.html
Global Organizations using NetSuite
2014 - 20,000
2016 - 30,000
2018 - 40,000
Oracle is under a lot of pressure to continue to drive sales to the cloud. Having innovative products from nFusz will help them hit their targets.
What a lot of people don't know is even Oracle's competition rely on Oracle.
http://www.zdnet.com/article/oracle-q2-strong-on-cloud-saas-momentum/
Yup, that's right. The other largest ERP software company's largest customers are all Oracle customers.
nFusz won't be just sold to existing NetSuite customers. It has the potential bring existing Oracle DB customers into NetSuite. Win-Win.
Now if you are SAP, you may want to integrate NotifiCRM into your solution too.
If you had to pick who you would do a deal first in the land of the giants, doing it with Oracle is a home run. You hit all the customers and put a little pressure on the competition. Had you been fortunate of doing SF or SAP first, you don't have that advantage and run the risk of Oracle not feeling the pressure and not doing a deal later on.
Oracle wants to drive cloud sales in a big way. For the last year they've been hiring like gangbusters. They have 1,619 sales openings right now only topped by 1,797 in product development.
That potentially is $250M in product development new hires and another $250M in sales new hires per year.
That's 1/2 a billion in new hires. This is why partnering with nFusz vs building from scrach is a Win-Win not only on the product side, but can also help on the sales side.
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