Best NetSuite Apps for 2021

Best NetSuite Apps for 2021

The results announced by Oracle in the presentation of the data for the first quarter of its fiscal year 2021, which ended on August 31; show that the company has returned to the growth path following the impact of the coronavirus in its business areas. During these three months, Oracle has seen its net income increase by 4% to 2.9 billion dollars. It has also seen its shares rise 15%: $ 0.93 for each security in total. Among other reasons, this improvement is due to the acquisition of customers in its cloud division, both to use its infrastructure and its applications.

In total, Oracle’s revenue in the three months reported reached $ 9.37 billion, a figure that represents an increase in the company’s revenue of 2% year-on-year. At Oracle they expect their shares to rise between 0.98 and 1.02 dollars for each security in the second quarter. Meanwhile, the company’s ERP Fusion Cloud suite has grown 33% year-over-year, and NetSuite apps have improved 23%. The Cloud Services division and the Licensing Support area, which produce the majority of revenues, increased sales by 2% to $ 6.95 billion. The area of cloud and local licenses entered 886 million dollars, 9% more.

Safra Catz, CEO of Oracle, highlighted from these results that “the first quarter was fantastic, with total revenues that exceeded forecasts by more than 150 million dollars. And earnings per share that exceeded forecasts by $ 0.07 per share. Our cloud applications divisions continued their rapid revenue growth.

Catz also recalled that they now have “7,300 Fusion ERP and 23,000 NetSuite ERP customers on Oracle Cloud.” In addition, he noted that its infrastructure areas “are also growing rapidly, as Zoom’s revenues have more than doubled between the last quarter of last year and the first of this. I have a high level of confidence that our revenues will accelerate as we move beyond COVID-19.

As NetSuite’s premier SDN partner for mobility solutions, Folio3 specializes in custom NetSuite mobile app development. Our expertise in custom NetSuite mobile app development stems from more than 5 years of experience in NetSuite app development, working on diverse projects from multiple industry verticals and of varying complexities. We have developed custom NetSuite apps (on both iOS & Android) for a multitude of clients in a wide variety of industry verticals, as well as proprietary NetSuite apps of our own for both iOS and Android platforms.

 

Our NetSuite developers understand the complexities involved in developing a custom mobile solution for NetSuite and can help you bring your idea to market. With our Innovation as Service (IaaS) model, we help develop your NetSuite mobile app idea from concept to reality.

Tacoma Screw Products Inc. is one of the largest distributors of fasteners, tools, maintenance, shop and industrial supplies in the US. Folio3 developed a custom NetSuite CRM IPhone app for Tacoma Screw that provides its field sales teams with secure, real time access and editing of the NetSuite sales workflow (sales appointments/tasks, sales call status, notes, etc.) and CRM data (such as customers, prospects, leads & contacts) on the go. The app also provides one touch calling, email, mapping, data search, offline caching and offline data addition & editing capabilities.

In addition to custom NetSuite mobile app development, we also offer proprietary NetSuite mobile applications including the free NetSuite CRM app “NSDroid” for Android and the “SuiteMobile” free NetSuite CRM app for iOS. These apps provide sales and service professionals with real-time, secure access to NetSuite CRM data (such as leads, prospects, customers, contacts, opportunities, case details, inventory items, time tracking entries, calendar events, and pricing quotations) on their Android phones and iPhones.

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