
NetSuite is a cloud ERP software brand owned by Oracle Corporation (NYSE: ORCL), headquartered in Austin, Texas. Founded in 1998 by Evan Goldberg in San Mateo, California, it was one of the first cloud-native business software suites. Oracle acquired it in November 2016 for $9.3 billion. NetSuite serves more than 40,000 customers globally across ERP, financials, CRM, and ecommerce, and is Oracle's flagship mid-market cloud product.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| NetSuite | Oracle Corporation | Subsidiary |
Evan Goldberg founded NetLedger in 1998 in San Mateo, California, with seed investment from Oracle's Larry Ellison, making the company an Oracle-adjacent startup from the start. Renamed NetSuite in 2003, the company built one of the first cloud-native ERP suites, covering financials, inventory, CRM, and ecommerce in a single browser-delivered system when competitors were still client-server.
NetSuite went public on the NYSE in 2007 under ticker N and grew into the dominant cloud ERP for the mid-market, expanding internationally and building the SuiteCloud platform for third-party extensions. By 2016 it served tens of thousands of customers and had become the default back-office system for a generation of fast-growing companies.
Oracle acquired NetSuite in November 2016 for $109 per share, approximately $9.3 billion. Under Oracle the product continued operating as a separate brand and development organization, headquartered in Austin, and accelerated its investment. The acquisition was the template for Oracle's "buy cloud, keep brand" approach.
Recent development has centered on embedding AI throughout the suite. Oracle announced NetSuite Next at SuiteWorld in 2025, a rebuilt user experience with conversational AI and agentic workflows, plus continued expansion of AI capabilities across financial close, forecasting, and operational automation. As of 2026, NetSuite serves more than 40,000 customers and is one of the fastest-growing parts of Oracle's applications business.
Who owns Oracle?
Oracle is a publicly traded corporation with no controlling shareholder. The company trades on the NYSE under the ticker ORCL. Larry Ellison, co-founder and chairman, holds approximately 42 percent of outstanding shares, making him the largest individual shareholder. Major institutional shareholders include Vanguard Group, BlackRock, and State Street Global Advisors. No single shareholder holds a controlling majority.
Is Oracle publicly traded?
Yes, Oracle is publicly traded on the New York Stock Exchange under the ticker symbol ORCL. The company has been publicly traded since its IPO in 1986. As of August 2026, Oracle's stock trades at approximately $146 per share, making it one of the largest technology companies by market capitalization.
What is Oracle's annual revenue?
Oracle reported FY2026 total revenue of $67.4 billion, up 17 percent year over year. Cloud revenue was $34.0 billion, up 39 percent, including IaaS revenue of $18.1 billion (up 77 percent) and SaaS revenue of $15.9 billion (up 11 percent). GAAP earnings per share were $5.83, up 34 percent. Oracle has guided to FY2027 revenue of $90 billion.
Who are Oracle's CEOs?
Clay Magouyrk and Mike Sicilia serve as Co-CEOs of Oracle Corporation, appointed in September 2025. Magouyrk previously led Oracle Cloud Infrastructure and oversees the cloud infrastructure business. Sicilia previously led Oracle Industries and focuses on enterprise applications. Safra Catz, who served as CEO from 2014 to 2025, is now Executive Vice Chair of the Board. Larry Ellison remains chairman and CTO.
What is Oracle Cloud Infrastructure?
Oracle Cloud Infrastructure (OCI) is Oracle's cloud computing platform providing IaaS services, including compute, storage, networking, and AI infrastructure. OCI is the fastest-growing cloud infrastructure provider, with Q4 FY2026 revenue of $5.8 billion, up 93 percent year over year. OCI is designed for high-performance AI training and inference workloads and serves customers including OpenAI, Meta, xAI, Nvidia, and AMD.
What is Oracle's RPO?
Oracle's remaining performance obligations (RPO) reached a record $638 billion as of May 31, 2026, up $85 billion from the prior quarter. RPO represents contracted future revenue that has not yet been recognized. Bank of America analysts estimate that over 50 percent of RPO comes from OpenAI. Oracle noted that $75 billion of its large AI contracts involve prepaid or customer-supplied hardware, reducing the capital Oracle must raise.
How many employees does Oracle have?
Oracle employs approximately 164,000 people worldwide. The company has significant operations in North America, Europe, Asia, and other regions, with headquarters in Austin, Texas, and major facilities in Redwood Shores, California, and other global locations.
What is Oracle's AI strategy?
Oracle's AI strategy focuses on providing cloud infrastructure for AI training and inference, connecting AI models directly to Oracle Database through the Oracle AI Data Platform, and building AI-powered enterprise applications. The company is positioning OCI as the primary cloud platform for AI workloads, with data centers designed to use clean energy from natural gas fuel cells. Key AI customers include OpenAI, Meta, xAI, Nvidia, and AMD.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Oracle | USA | 1977 | Mass market | Global | All Genders | |
| Oracle | USA | 1987 | Mass market | Global | All Genders |
Technology SoftwareOwned by Oracle Corporation
Corporate brand of Oracle Corporation, the Austin-based enterprise software and cloud infrastructure company founded in 1977, with FY2026 revenue of $67.4 billion.
Technology SoftwareOwned by Oracle Corporation
Enterprise HR and ERP applications suite owned by Oracle since its hostile 2005 takeover, still supported and updated for a large installed base.
Market Positioning: NetSuite competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Oracle Corporation, giving you alternative choices that support different corporate structures.
Technology SoftwareOwned by Calendly, Inc.
Scheduling automation software platform that eliminates back-and-forth emails when booking meetings.
Calendly is privately owned, unlike NetSuite which is under a publicly traded parent company.
Technology SoftwareOwned by Symphony Technology Group
Cloud-based collaborative work management platform for managing projects, deadlines, schedules, and workflow processes. Owned by Symphony Technology Group.
Wrike is privately owned, unlike NetSuite which is under a publicly traded parent company.
Technology SoftwareOwned by Adder Technology Limited
High-performance KVM-over-IP switches and extenders for mission-critical IT, broadcast, and control rooms.
Adder Technology is privately owned, unlike NetSuite which is under a publicly traded parent company.
Technology SoftwareOwned by Black Box Corporation
IT infrastructure solutions including KVM switches, data center services, and network management, owned by Essar Group.
Black Box Corporation is privately owned, unlike NetSuite which is under a publicly traded parent company.
Technology SoftwareOwned by Blinkist
Independent book-summary brand returned to founder ownership in April 2026 after three years under Go1.
Blinkist is privately owned, unlike NetSuite which is under a publicly traded parent company.
Technology SoftwareOwned by INTSIG Information Co., Ltd.
Mobile document scanning app with OCR capabilities, owned by INTSIG Information Co., Ltd. of Shanghai, China.
CamScanner is privately owned, unlike NetSuite which is under a publicly traded parent company.
Discover popular brands and companies in the Technology & Software category and related searches from other users.

Free PDF viewing software developed by Adobe Inc., originally released in 1993. Acrobat Reader is the world's most widely used PDF reader, available on Windows, macOS, iOS, and Android.

High-performance KVM-over-IP switches and extenders for mission-critical IT, broadcast, and control rooms.

Agentic AI platform of Salesforce, Inc. (NYSE: CRM), launched in October 2024, enabling autonomous AI agents for sales, service, marketing, and commerce workflows.