Choosing a core business platform can be a daunting task. You need to consider which systems will support your business now, and as it scales in the future.
A critical component of system selection is future-proofing. You don’t want to re-implement a platform to suit evolving needs down the track. SMEs and growing businesses, therefore, need a central system that allows them to start with the right foundation, scale, and continually refine operations.
The Gartner Magic Quadrant gives a strong indication of industry-leading solutions bringing the vision and execution that growing companies need.
Oracle NetSuite has once again been named a Leader in 2021 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, marking the fourth year in a row NetSuite has received the honour.
NetSuite delivers the core system and ecosystem for continued growth. NetSuite brings a SuiteSuccess Starter edition that’s made for rapid implementation, infinite scalability, and over 570 integrated applications in its SuiteApp.com marketplace.
NetSuite is one of only four vendors in the Leaders Quadrant and is recognized for its Completeness of vision and ability to execute.
The Stamford, Conn.-based research firm has cited an increase in inquiries, noting, “Inquiry levels for 2021 are up, showing that this market is resilient, as many organizations seek to move to more modern solutions from their legacy and outdated on-premises, license-based solutions.
“Organizations see the allure of new tools, but some are still not ready for a typical six- to 24-month project (sometimes longer) due to restrictions around funding, working remotely and overall unpreparedness. As a result, many projects that selected solutions targeting legacy system replacement in 2020 and 2021 have been postponed, but will be ramping up shortly in the remainder of 2021 and in 2022.”
In fact, NetSuite now counts more than 24,000 customers in more than 215 countries and territories and territories and more than 570 complementary applications on its SuiteApp.com marketplace.