Oracle gave US tech startups a free NetSuite plan. It allows five users.
On 14 October, Oracle launched QuickStart, a free plan of its NetSuite ERP for early-stage US technology startups, ERP Today reported.
The plan allows five users, 20 GB of storage and four connected bank and card accounts, with two integration requests at a time. Each month a company can create up to 2,500 new business records. It can also send 800 emails and add 175 documents.
NetSuite founder Evan Goldberg calls it "the first and last business system they will ever need." Charles Brennan, an analyst at Nucleus Research, points to building financial discipline early on a system that can handle more complexity later.
The report does not say what a startup pays once it passes those limits, or how long the free plan lasts. The 2,500-record cap counts invoices and vendor bills together with customer records, roughly 80 new records a day on average.
Sources
Our file on Oracle
- 13 Oct
Oracle settled UCLA's ERP dispute with $3.1m in credits. UCLA spent at least $213m.
- 11 Oct
Oracle spent $28.5 billion in one quarter. Its long-term debt passed $160 billion.
- 8 Oct
SAP said old ERP on Oracle loses its patches after 2030. Even SAP-sold licences.
- 6 Oct
FBI removed an Accenture contractor over a missed patch. Oracle issued it in June.
- 5 Oct
Oracle pledged $10 million to Nashville's orchestra. Its budget gap was $10 million.
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