November 28, 2022

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NetSuite Enhances Analytics Warehouse to Assist Clients Maximize the Worth of Knowledge

NetSuite Enhances Analytics Warehouse to Assist Clients Maximize the Worth of Knowledge

Newest updates assist organizations higher handle giant volumes of enterprise knowledge to speed up insights, enhance determination making, and create new income streams

LAS VEGAS, Sept. 28, 2022 /PRNewswire/ — SUITEWORLD 2022 — To assist organizations enhance determination making and uncover new income streams, Oracle NetSuite right this moment introduced updates to NetSuite Analytics Warehouse – the  first and solely prebuilt knowledge warehouse and analytics answer for NetSuite prospects. The newest enhancements allow prospects to simplify knowledge administration, speed up time to insights and supply entry to extra pre-built third-party knowledge integrations and {industry} particular content material. Along with North America, NetSuite Analytics Warehouse is now obtainable to prospects through knowledge facilities in Australia and the United Kingdom and will likely be obtainable later this 12 months to prospects through the info middle in Germany. 

“Clients are in search of options that assist them get probably the most worth potential out of their knowledge in order that they’ll streamline decision-making, enhance efficiencies, and handle danger,” stated Gary Wiessinger, senior vp, product administration, Oracle NetSuite. “NetSuite Analytics Warehouse meets that want by enabling our prospects to mix NetSuite knowledge shortly and simply with exterior knowledge sources to enhance knowledge administration and analytics. By centralizing knowledge on one platform, we can assist our prospects establish new insights and drive effectivity and productiveness throughout their enterprise operations.”

Constructed on Oracle Analytics Cloud and Oracle Autonomous Database for analytics and knowledge warehousing (ADW), NetSuite Analytics Warehouse is a prebuilt, cloud-based knowledge warehouse and enterprise intelligence software that replaces legacy and siloed techniques. It does this by consolidating and centralizing entry to enterprise knowledge, together with NetSuite transactional and historic knowledge and knowledge from different cloud or on-premise functions. The newest updates to NetSuite Analytics Warehouse allow prospects to:

  • Simplify Knowledge Administration: A brand new Customized Attribute Mapping Editor simplifies the switch of customized knowledge. It allows customers to pick out customized knowledge to move into NetSuite Analytics Warehouse and establish its placement in a particular knowledge area comparable to finance, buying, stock, and gross sales.
  • Speed up Time to Insights: New pre-built analytics capabilities in NetSuite Analytics Warehouse embody 12 dashboards with key metrics throughout enterprise features, together with buyer progress and financials, and 15 knowledge snapshots for historic knowledge evaluation, together with stock, invoices, and gross sales orders. As well as, a brand new Bundles function will increase effectivity and suppleness by making it straightforward to export content material between NetSuite Analytics Warehouse cases.
  • Entry Extra Third-Celebration Knowledge Sources: 15 new pre-built integrations, which embody a brand new Shopify connection in addition to deeper integrations with Google Analytics and Salesforce, simplify knowledge blends and allow extra sturdy analytics. With the brand new integrations, NetSuite Analytics Warehouse now provides prebuilt integrations to over 40 widespread third-party knowledge sources.
  • Entry Extra Trade-Particular Content material: New industry-specific content material for retail, providers, software program, wholesale distribution, and subscription-based companies is now obtainable in NetSuite Analytics Warehouse.

Buyer Success with NetSuite Analytics Warehouse

Save a Cup

Save a Cup, a producer of high-quality mugs, tumblers, and water bottles, is utilizing NetSuite Analytics Warehouse to section and analyze buyer knowledge, establish new enterprise alternatives, mix related knowledge units throughout native NetSuite knowledge and third-party sources comparable to Amazon, and assist make its product choices extra worthwhile.

“I can not stress sufficient the time financial savings our staff has skilled by creating detailed, insightful studies with NetSuite Analytics Warehouse,” stated Gordon Hsu, CFO, Save a Cup. “Beforehand, we used a cumbersome and time-consuming course of that restricted our visibility and response to buyer choice. Now, we are able to simply hyperlink multisource tables in studies which might be routinely refreshed day by day. This has helped us generate extra worth from our knowledge in NetSuite. For instance, we’re realizing new insights from our Amazon ecommerce knowledge, together with new tendencies by product household and by SKU. These insights will information future product technique.”

Product Hatchery

The Product Hatchery is a boutique model improvement firm that focuses on the wonder, kitchen and eating, and present markets is utilizing NetSuite Analytics Warehouse to anticipate and reply to buyer demand.

“Our enterprise requires us to be agile and reply shortly to modifications in buyer demand,” stated Brian Creager, founder, The Product Hatchery. “With NetSuite Analytics Warehouse, we now not must export our ERP knowledge into spreadsheets to manually report on stock. Now, we are able to analyze ERP exercise blended with Google Analytics knowledge for automated day by day stock scorecards and forecasts, all the way down to the SKU quantity. Because of this, we are able to extra precisely anticipate and reply to buyer demand, and that makes an enormous distinction to our general operations.” 

Thread

Thread, a producer of purposeful, trendy, and slim wallets, is utilizing NetSuite Analytics Warehouse to harness knowledge from a number of channels and product traces to enhance gross sales and stock forecasting because it introduces new product traces to satisfy rising buyer demand.

“To proceed our fast progress, we wanted to dramatically enhance our forecasting and that began with gaining quicker and higher knowledge insights from our gross sales channels,” stated Mitch Sanders, chief working officer, Thread. “NetSuite Analytics Warehouse has given us the power to seize and set up knowledge and ship actionable insights that assist foster collaboration throughout our enterprise. This permits us to precisely anticipate buyer demand, hold shops stocked with the gadgets prospects most need now, and guarantee we function in an extremely agile and growth-oriented vogue.”

Get all the most recent updates from SuiteWorld by registering for SuiteWorld On Air: netsuitesuiteworld.com/onair. By registering, attendees can have entry to keynotes, periods, demos, and NetSuite’s two-day stay broadcast, NetSuite TV. Study extra about how organizations are leveraging the facility of NetSuite to extend effectivity, enhance productiveness, and develop profitability. 

Oracle NetSuite
For greater than 20 years, Oracle NetSuite has helped organizations develop, scale, and adapt to vary. NetSuite gives an built-in system that features financials / Enterprise Useful resource Planning (ERP), stock administration, HR, skilled providers automation and omnichannel commerce, utilized by greater than 32,000 prospects in 217 nations and dependent territories.

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SOURCE Oracle NetSuite