Story image

NetSuite expands network and services of The Executive Centre

The Executive Centre, a provider of serviced office facilities, shared co-work spaces and virtual offices in Asia-Pacific, implemented NetSuite to support its global growth and expanding service portfolio. 

Headquartered in Hong Kong, The Executive Centre has averaged 20% annual growth for the past 10 years and now operates 115 centres in 13 countries.

Founded in 1994, The Executive Centre supposedly offers a member-centric experience that promotes connection, personal growth and professional achievement and serves clients ranging from startups to multinationals such as Pfizer, Expedia and Twitter.

To meet the demands of distributed, global and mobile businesses, The Executive Centre has added properties in prime locations across the Asia Pacific and the Middle East, while also introducing new technology, contemporary interior design and a wide range of business services such as concierge, accounting, professional translation and people management. 

In order to manage the business complexity presented by rapid international expansion and an increasingly diverse service portfolio, The Executive Centre implemented NetSuite OneWorld.

The Executive Centre CTO Jason Wong says, “Businesses today need more than just basic office space, they need to be able to offer an experience that meets the demands of a global and mobile workforce. 

“As we expanded our network and services to meet those requirements, we needed to rethink our business operations.” 

“With NetSuite, we have a global business management platform that has reduced operating complexity and enabled us to focus time and resources on delivering the ultimate work experience for our clients.”

By switching from Microsoft Dynamics NAV (Navision) to NetSuite OneWorld, The Executive Centre has supposedly been able to improve operational efficiency by taking advantage of a real-time, unified global business management platform. 

As a result, The Executive Centre has supposedly been able to streamline and modernise financials, multi-subsidiary management, revenue recognition, billing, multi-currency transactions and multi-country tax compliance. 

This has enabled The Executive Centre to meet the evolving business needs of its clients across its 34 subsidiaries that span China, India, Hong Kong, Indonesia, South Korea, Japan, Taiwan, Singapore, Australia, Sri Lanka, Macau and Vietnam as well as its recently opened location in Dubai, United Arab Emirates.

Oracle NetSuite APAC GM Lee Thompson says, “The Executive Centre has achieved incredible success over the last 10 years and the member-centric experience it offers its clients is really impressive. 

“We are thrilled to play a key role in its future expansion in the Asia Pacific and beyond."

Dropbox invests in hosting data inside Australia
Global collaboration platform Dropbox has announced it will now host Australian customer files onshore to support its growing base in the country.
Opinion: Meeting the edge computing challenge
Scale Computing's Alan Conboy discusses the importance of edge computing and the imminent challenges that lie ahead.
Alibaba Cloud discusses past and unveils ‘strategic upgrade’
Alibaba Group's Jeff Zhang spoke about the company’s aim to develop into a more technologically inclusive platform.
Protecting data centres from fire – your options
Chubb's Pierre Thorne discusses the countless potential implications of a data centre outage, and how to avoid them.
Opinion: How SD-WAN changes the game for 5G networks
5G/SD-WAN mobile edge computing and network slicing will enable and drive innovative NFV services, according to Kelly Ahuja, CEO, Versa Networks
TYAN unveils new inference-optimised GPU platforms with NVIDIA T4 accelerators
“TYAN servers with NVIDIA T4 GPUs are designed to excel at all accelerated workloads, including machine learning, deep learning, and virtual desktops.”
AMD delivers data center grunt for Google's new game streaming platform
'By combining our gaming DNA and data center technology leadership with a long-standing commitment to open platforms, AMD provides unique technologies and expertise to enable world-class cloud gaming experiences."
Inspur announces AI edge computing server with NVIDIA GPUs
“The dynamic nature and rapid expansion of AI workloads require an adaptive and optimised set of hardware, software and services for developers to utilise as they build their own solutions."