NetSuite Analytics Warehouse is now available in 11 additional countries, Netsuite announced during SuiteConnect in London. The solution will become available in Denmark, Dubai, Germany, France, Ireland, Israel, the Netherlands, Norway, Spain, the United Kingdom, and Sweden.
Making NetSuite Analytics Warehouse available will allow many more NetSuite customers to take advantage of the advanced reporting that the analytics platform provides.
As with NetSuite Enterprise Performance Management (EPM), Netsuite has borrowed from its parent company, Oracle. NetSuite used Oracle Analytics Cloud, built on top of the Oracle Autonomous Data Warehouse, as the basis for developing its Warehouse.
The big difference is that Oracle Analytics Cloud is a standalone solution to which you can connect existing processes and solutions. By contrast, NetSuite Analytics Warehouse is a fully integrated solution within the NetSuite platform. It provides out-of-the-box analytics of ERP (enterprise resource planning) environments. Of course, it can still integrate with third-party solutions such as Google Analytics, Shopify and many others.
Bringing data together from multiple solutions and the ERP system can often provide valuable insights. For example, it can show how a production or order process can be made more efficient and faster by linking certain systems together, starting certain actions earlier, or simply gaining more insight into what sells better with certain marketing campaigns.
NetSuite Analytics Warehouse Multi-instance Connector
During SuiteConnect, NetSuite also discussed its Multi-instance Connector. This new tool allows users to connect multiple NetSuite instances within the Analytics Warehouse, resulting in analyses from more angles and based on more data. For example, NetSuite cites organizations with franchisees with their own NetSuite environment and private equity firms or organizations working with multiple NetSuite environments through acquisitions.
However, this product is only available in the United States, the United Kingdom and Ireland. It is not entirely clear to us why this is. There is also no need for it, as organizations can just use NetSuite as a multi-tenant and run multiple NetSuite environments within the same instance.
Also read: Oracle NetSuite expands portfolio with more GenAI features