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NetSuite

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NetSuite Inc.
Company typePrivate
IndustryComputer software
FoundedCalifornia (1998)
HeadquartersSan Mateo, California
Key people
Lawrence (Larry) J. Ellison,
CEO Zach Nelson,
Chairman/CTO Evan Goldberg
ProductsNetSuite
NetCRM
NetCRM+
SuiteFlex
NetERP
NetSuite Small Business
NetCommerce
Revenue$40 million (2004)

NetSuite Inc. company that offers Software as a Service (SaaS) for small to medium enterprises. NetSuite was originally named NetLedger by its founders Larry Ellison and his protege Evan Goldberg.

History

NetSuite’s hosted online business software programs include accounting, customer relationship management (CRM), enterprise resource planning (ERP) software, e-commerce and Web site development.

Evan Goldberg, chairman and chief technology officer, founded the company with the financial backing of Lawrence J. Ellison, founder and chief executive officer of Oracle Corp. Other initial investors were StarVest Partners and UBS PaineWebber.

The initial iteration was marketed as Oracle Small Business Suite. (Inc. Magazine: Larry's Kids; By Rob Turner; February 2005)

NetSuite has grown to about 600 employees and has offices in California as well as in the United Kingdom, Canada, the Philippines, Japan, Singapore, Hong Kong and Australia.

Products

NetSuite has released NetSuite 2007.0 as its base service with NetSuite, NetSuite Small Business, NetSuite CRM, NetSuite CRM+, SuiteFlex, NetERP and NetCommerce as other integratable services.

Features

NetSuite is a broad application covering business functions as diverse as CRM, ERP, ecommerce, customer support, accounting, sales force automation, partner relationship management, inventory management, and marketing automation. Each of these also includes groups calendaring and tasking functions.

See also

References