NetSuite’s EU data centres will enable companies to store their NetSuite business data physically in the European Union. NetSuite said this is especially significant given that the EU Court of Justice today declared the EU-US Safe Harbour framework invalid.
“Europe represents one of NetSuite’s largest growth opportunities,” said Zach Nelson, NetSuite CEO. “Today’s news is a key part of our ongoing plan to bring more resources, focus, and investment to our European customers in the form of additional capacity, security and compliance with local data regulations”
In September, New-Zealand based cosmetic manufacturer The Beauty Collective replaced Sage Line 50 with NetSuite to modernise its core business processes and support its growth. Beauty Collective has significantly expanded its operations since deploying NetSuite, resulting in a 168 percent increase in revenue.