Revolutionizing ERP: Top 15 Oracle NetSuite Stats for 2025 and Beyond!
With over 40,000 customers worldwide, Oracle NetSuite has secured itself as a cornerstone of enterprise resource planning (ERP). Far from being a short-lived trend, NetSuite ERP symbolizes the gold standard in streamlining business operations.
If you’re curious to discover how NetSuite by Oracle propels growth, read on as we explore key components and statistics that demonstrate its undeniable impact on organizations globally.
NetSuite Cloud ERP: A Game Changer
NetSuite isn’t just another program or software; it’s the epitome of a business management solution. Since 1998 and propelled by the acquisition by Oracle in 2016, NetSuite Cloud ERP has evolved into a comprehensive suite of tools programmed to tackle everything from accounting to inventory management to eCommerce and CRM.
Oracle NetSuite ERP has over 26 years of expertise under their belt, and it still remains an essential asset for companies across diverse industries, integrating seamlessly to meet the unique needs of industries such as retail, manufacturing, and professional or freelance services.
Wondering what exactly sets Netsuite apart? By staying ahead of the game. In today’s interconnected world, discarding data silos is key. NetSuite’s ability to adapt effortlessly with other mission-critical applications promises businesses will operate with agility and efficiency, making it the ultimate tool for digital transformation.
Key NetSuite Statistics to Consider
We’ve been “team NetSuite” for a long time. But if you’re new to it, we want to tell you just a little bit more about this highly rated ERP. We’ve categorized the most enticing NetSuite statistics into revenue, product features, customer demographics, and additional highlights to give you a detailed view of its success. Have fun!
Revenue Highlights
- Oracle NetSuite’s revenue hit $0.7 billion in 2023, reflecting a 22% growth from the year before.
- NetSuite Cloud ERP provided 1.4% of Oracle’s total revenue in 2023, a demonstration of its growing significance within the Oracle ecosystem.
- With more than 40,000 customers worldwide, NetSuite ERP proceeds to be a leader in the ERP field.
Customer Insights
- NetSuite is in service to organizations in 219 countries, making it one of the most globally adopted SaaS solutions.
- Almost 28% of NetSuite’s clientele is sourced from professional services, with communications (13.8%) and consumer packaged goods (12.6%) also making up significant portions.
- It usually takes three to six months to put NetSuite ERP software into action, underscoring its strong, tailored deployment.
Product Innovations
- In 2024, Oracle NetSuite programmed AI across its platform, improving functionalities in areas like Financial Exception Management and SuiteAnalytics.
- NetSuite Analytics Warehouse now incorporates over 57 pre-built metrics, simplifying insights for decision-makers.
- NetSuite Pay, created in 2023, streamlines payment processing, improving transparency and efficiency.
Miscellaneous Milestones
- Oracle NetSuite celebrated 26 years of innovation at SuiteWorld 2024, strengthening its legacy as a pioneer in ERP software.
- Reports rank NetSuite among the top cloud ERP solutions, with market shares ranging between 4.3% and 9.3%.
- The global ERP market is predicted to reach $123.42 billion by 2030, with NetSuite assured to play a critical role in this expansion.
The Future of NetSuite by Oracle
Oracle NetSuite ERP’s sustained growth and customer loyalty emphasizes its incomparable ability to drive business efficiency. Businesses integrating NetSuite with marketing automation platforms or CRMS like Salesforce unleash new levels of productivity, creating an effortless flow of data across platforms. From AI-produced insights to real-time integration, NetSuite Cloud ERP presents itself as a dominating solution for enterprises looking to scale their business.
Are you ready to elevate your business with NetSuite software? With its flexible capabilities, advanced analytics, and seamless integrations, NetSuite by Oracle is the key to unlocking your organization’s full potential — and our team at Ekwani is here to help you see how. Reach out today to find out more about our implementation services.