Oracle’s acquisition of NetSuite is a clear indication that the rapid adoption of cloud alternatives to traditional on-premises applications is shifting from front-office customer relationship management to back-office enterprise resource planning solutions. Now, the question will be whether Oracle can buy its way into a leadership position in this emerging marketplace. Due to increasing frustration with the cost and complexities of traditional on-premises financial management systems, CFOs have been looking for cloud-based alternatives.
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The Maturation of the Cloud ERP Market
Posted by: Jeffrey M. Kaplan August 5, 2016 10:01 AMOracle’s acquisition of NetSuite is a clear indication that the rapid adoption of cloud alternatives to traditional on-premises applications is shifting from front-office customer relationship management to back-office enterprise resource planning solutions. Now, the question will be whether Oracle can buy its way into a leadership position in this emerging marketplace. Due to increasing frustration with the cost and complexities of traditional on-premises financial management systems, CFOs have been looking for cloud-based alternatives.