Below is what I used to post in the FAQ a few mont
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Posted On: 04/22/2018 1:57:29 PM
Re: NotRichYet2 #2202
Below is what I used to post in the FAQ a few months ago: here before I slimmed it down a bit.
In general many companies don't announce number of subscribers for various reasons except for companies where subscriptions is their only business (i.e. Netflix, Spotify, etc.). Oracle will however tell you they have 40,000+ companies that use Netsuite.
The BIG picture that some are missing and what Rory has been trying to tell everyone is Oracle deal has massive potential. WHY?
Because Oracle isn't just one of the top 3 CRM companies out there but they are one of the top 10 technology companies in he world. They sell more than just CRM!
So why is that important? Because the majority of the companies out there in the world are an Oracle CUSTOMER!
According to Oracle's fact sheet, they have 430,000 customers in 175 countries.
That's right 430,000 customers in 175 countries!
With a sales-force of 2,000 people, this one deal alone can send $FUSZ threw the roof.
notifiCRM can be a solution Oracle sells to any of the 430,000 customers in 175 countries which gives them also the potential to sell more NetSuite licenses too!
WIN-WIN
Q: How does NetSuite fit into all of this with Oracle? Does anybody use NetSuite?
A: Oracle bought NetSuite a little less than two years ago for $9.3B 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
Global Organizations using NetSuite
2014 - 20,000
2016 - 30,000
2018 - 40,000
https://www.oracle.com/corporate/pressrelease...72816.html
Oracle sell 3 Editions of NetSuite:
Limited Edition: companies up to 10 named users and have less than 50 employees
Mid-Market Edition: companies between 11-1,000 named users
Enterprise Edition: companies over 1,000 named users
Pricing starts at $999/mo. for the Limited Edition.
NetSuite comes with standard features including CRM and ERP, but has a number of Advanced large modules that are additional. This is similar pricing model as SAP, Workday and other SaaS providers. Customers are used to paying more for new capability and can add notifiCRM for $10-$20.
Rory: "Oracle, we brought it home and yes, it is a BIG DEAL!
I believe it's going to be a big game changer for existing Oracle Netsuite users once they have access to this tool right from their dashboard
Yeah I think it's going to be very very well received among existing Netsuite users and there's millions of them."
2/16/18 SHAC: http://nfusz.com/super/ajax/ajax2.php?mediaid=iGV0dg
In general many companies don't announce number of subscribers for various reasons except for companies where subscriptions is their only business (i.e. Netflix, Spotify, etc.). Oracle will however tell you they have 40,000+ companies that use Netsuite.
The BIG picture that some are missing and what Rory has been trying to tell everyone is Oracle deal has massive potential. WHY?
Because Oracle isn't just one of the top 3 CRM companies out there but they are one of the top 10 technology companies in he world. They sell more than just CRM!
So why is that important? Because the majority of the companies out there in the world are an Oracle CUSTOMER!
According to Oracle's fact sheet, they have 430,000 customers in 175 countries.
That's right 430,000 customers in 175 countries!
With a sales-force of 2,000 people, this one deal alone can send $FUSZ threw the roof.
notifiCRM can be a solution Oracle sells to any of the 430,000 customers in 175 countries which gives them also the potential to sell more NetSuite licenses too!
WIN-WIN
Q: How does NetSuite fit into all of this with Oracle? Does anybody use NetSuite?
A: Oracle bought NetSuite a little less than two years ago for $9.3B 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
Global Organizations using NetSuite
2014 - 20,000
2016 - 30,000
2018 - 40,000
https://www.oracle.com/corporate/pressrelease...72816.html
Oracle sell 3 Editions of NetSuite:
Limited Edition: companies up to 10 named users and have less than 50 employees
Mid-Market Edition: companies between 11-1,000 named users
Enterprise Edition: companies over 1,000 named users
Pricing starts at $999/mo. for the Limited Edition.
NetSuite comes with standard features including CRM and ERP, but has a number of Advanced large modules that are additional. This is similar pricing model as SAP, Workday and other SaaS providers. Customers are used to paying more for new capability and can add notifiCRM for $10-$20.
Rory: "Oracle, we brought it home and yes, it is a BIG DEAL!
I believe it's going to be a big game changer for existing Oracle Netsuite users once they have access to this tool right from their dashboard
Yeah I think it's going to be very very well received among existing Netsuite users and there's millions of them."
2/16/18 SHAC: http://nfusz.com/super/ajax/ajax2.php?mediaid=iGV0dg
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