Welcome!

Weblogic Authors: Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

Openwave Mobility Deploys NetSuite OneWorld Services Resource Planning (SRP) Across 15 Subsidiaries In 18 Countries

Global Leader Moves from On-Premise ERP to Cloud NetSuite in Only 2.5 Months

SAN MATEO, Calif. and REDWOOD CITY, Calif., Nov. 7, 2012 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, and Openwave Mobility, a global software innovator of value-added services for the mobile telecommunications industry, announced today that Openwave Mobility has gone live on NetSuite OneWorld Services Resource Planning (SRP) for global professional services automation (PSA) after a rapid implementation achieved in just 2½ months. Openwave Mobility relies on NetSuite OneWorld SRP for global management of financial consolidation, revenue recognition, accounting across multiple currencies, subsidiaries, geographies and tax jurisdictions, as well as project management and resource management in real-time. NetSuite OneWorld SRP gives Openwave Mobility the speed of implementation, agility and flexibility it needs to manage 15 subsidiaries in 18 countries across North America, Europe, Middle East, Asia, Africa and Australia while having control and visibility for its services businesses.

NetSuite OneWorld SRP delivers end-to-end cloud business management for global software companies that offer professional services, from project management, resource management, marketing, skills tracking, service delivery, billing, revenue and financial management, new client acquisition to driving repeat business from existing clients. With support for 190 currencies, 19 languages and automated tax compliance in 40+ countries, NetSuite OneWorld SRP enables services organizations within global software companies to manage key drivers of their services business—revenue, utilization, profitability and days sales outstanding (DSO)—from the corporate level down to subsidiaries, geographies and individual projects. Software companies' services organizations can quickly realize benefits by moving to the cloud and NetSuite OneWorld SRP, abandoning outdated on-premise software systems, ad hoc spreadsheets and email lists to manage critical client projects. NetSuite OneWorld SRP allows them to fully take advantage of the dramatic cost savings, service delivery improvements, and productivity benefits of cloud computing. For more information about NetSuite OneWorld SRP, visit http://www.netsuite.com/portal/products/oneworld/global-srp.shtml.

In the Openwave Mobility roll-out, NetSuite Professional Services led an accelerated implementation to deploy the NetSuite cloud technology as the business foundation. Openwave Mobility had a tight timeline. Marlin Equity Partners had acquired the company in early May, and under terms of the acquisition, Openwave Mobility had a limited timeframe to migrate legacy data from an Oracle ERP instance to a new financials /ERP solution. The 2½-month NetSuite implementation was accomplished in roughly one-quarter the time that would have been required to deploy a comparable on-premise ERP system, while avoiding a large up-front capital investment and ongoing maintenance costs of in-house servers, software and storage.

After an evaluation against a competing solution from Epicor, Openwave Mobility selected NetSuite as the cloud platform best suited to quickly implement an integrated business solution tailored to the software industry, with functionality including revenue recognition to streamline accounting of multi-element and deferred revenue sales. Building on core NetSuite capabilities for financials / ERP, the company deployed NetSuite OneWorld SRP to manage global subsidiaries, gaining powerful capabilities for optimize the services business, speed global financial consolidation and achieve real-time visibility into subsidiary services performance. Additionally, NetSuite OneWorld SRP equips Openwave Mobility with capabilities for project management, time and expense reporting, invoicing and resource utilization that are far more efficient and automated than was possible with the pre-acquisition system of Microsoft Project, Exchange and Excel.

"NetSuite proved the ideal solution to meet our unique needs for cloud financials / ERP tailored to the software industry, along with multi-subsidiary management and services resource planning on a global scale," said Kelly Sharpe, CFO, Openwave Mobility. "We now have the tools we need to grow the business. Implementation in just 2½ months is a testament to the dedication and expertise of the Openwave Mobility and NetSuite teams."

"This rapid implementation depended on clear goals, decisiveness and collaboration on the part of both Openwave Mobility and NetSuite Professional Services. Each team executed extremely well," said Tim Dilley, EVP Worldwide Services and Chief Customer Officer at NetSuite. "I'm gratified that we could leverage the deep experience and vertical expertise of our consultants to meet a very aggressive timeline with a complex scope."

Today, more than 12,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing top 10 financial management systems vendor in the world. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.

About Openwave Mobility

Openwave Mobility empowers mobile operators to manage and monetize the growth in mobile video and web traffic. By analyzing the data network and individual subscriber habits, it reduces congestion exactly where it appears while creating new revenues through personalized data plans. The company operates within the policy control and charging space, with solutions including Mobile Video Optimization,Mobile Data Charging, Subscriber Data Management and Mobile Analytics. Openwave Mobility delivers over 25 billion transactions daily and over half a billion subscribers worldwide use data services powered by its solutions. The company's global customer base consists of over 40 of the largest communication service providers including AT&T, Du, KDDI, T-Mobile, Telefonica, Telstra, Virgin Mobile & Vodafone. Openwave Mobility is owned by Marlin Equity Partners, a leading investment firm with over a billion dollars of capital under management that has publicly committed to building the company through expanded investment in R&D. The company has built a robust portfolio of Intellectual Property, which is growing month by month.

For more information about Openwave Mobility, please visit http://www.owmobility.com

Follow NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates.

For more information about NetSuite, please visit www.netsuite.com.

(Logo: http://photos.prnewswire.com/prnh/20090924/SF81218LOGO-b)

SOURCE NetSuite

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...