| A pioneer in the software-as-a-service (SaaS) arena, | | | | multi-subsidiary operations, NetSuite OneWorld |
| NetSuite delivers cloud-based, business management | | | | supplies the tools needed to streamline operations. |
| software that allows companies to collaborate with | | | | While the company traditionally focused on smaller to |
| customers, partners and vendors while eliminating | | | | medium-sized companies, NetSuite has begun to find |
| on-site hardware and software. | | | | success taking on rivals Microsoft and SAP in the |
| NetSuite, originally named NetLedger, provides online, | | | | larger enterprise space. |
| hosted customer relationship management (CRM) and | | | | NetSuite recently announced plans to make its cloud |
| enterprise resource planning (ERP) software that | | | | computing ERP software available in the Google Apps |
| helps companies manage their businesses. The | | | | Marketplace allowing users to use applications such as |
| software, which handles sales, customer | | | | Gmail, Google Talk, Google Calendar or Google Docs |
| communications, inventory management, e-commerce | | | | which are hosted by Google. NetSuite also just |
| and Web site management, is delivered by the use | | | | launched mobile ERP for the iPhone. |
| of the Internet and can be put into operation all at | | | | In April the business management software maker |
| once or modularly. | | | | will host its annual conference bringing together |
| Among its products are NetSuite Financials, which | | | | solutions providers, developers, independent software |
| improves business performance with real-time metrics | | | | vendors and systems integrators. SuiteCloud 2010 will |
| and role-based dashboards. The software makes | | | | focus on upcoming enhancements for NetSuite's |
| financial planning and accounting processes more | | | | platform and advances in cloud computing. |
| efficient by using amortization schedules and it | | | | Evan Goldberg, chairman and chief technology officer, |
| integrates with all CRM and e-commerce functions. | | | | founded NetSuite in 1998 with Lawrence Ellison, |
| NetSuite CRM+ is an internationally available | | | | founder and chief executive officer of Oracle. The |
| on-demand solution that allows offices or subsidiaries | | | | company currently has about 970 employees and is |
| to manage orders, forecast and sell in their local | | | | headquartered in San Mateo, California. NetSuite also |
| currency. The software also provides country-specific | | | | has offices in Ontario, Canada, Australia/New Zealand, |
| dashboards for worldwide business intelligence. | | | | Europe, Japan, Hong Kong and Singapore. |
| NetSuite E-commerce allows a company to manage | | | | NetSuite has strategic partnerships with Apple, |
| one or more web stores and carry out commerce in | | | | FedEx, NEBS,Inc., PayPal, United Parcel Service, |
| different countries, language, currencies and channels. | | | | VeriSign and others. |
| It also merges online and brick-and-mortar channels | | | | Total revenue for the year was $166.5 million, a |
| with a single system that handles a company's | | | | year-over-year increase of 9 percent. NetSuite, which |
| business in real time. | | | | expects sales growth of roughly 8 percent this year |
| The company's on-demand system that delivers | | | | to between $180 million to $185 million, looks well |
| real-time global business management and financial | | | | positioned for any changes in the business software |
| consolidation to companies with multi-national and | | | | market. |