Press Releases


Contact:

Mei Li
Senior VP
Corporate Communications
NetSuite Inc.
Phone: 650.627.1063
E-mail: meili@netsuite.com

ETAIL COMMUNITY VOTES NETSUITE A "RISING STAR" IN ETAIL INDUSTRY

NetSuite SuiteCommerce recognised for Driving Multi-Channel Sales, Engaging Customers and Increasing Business Efficiency


SAN MATEO, Calif.—July 25, 2012—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that it has been voted to the eTail Rising Stars Spotlight by members of the eTail community in an online poll. The recognition validates how NetSuite's SuiteCommerce platform revolutionizes eCommerce, which has helped retail and commerce businesses accelerate multi-channel sales, deepen customer relationships and ultimately increase business efficiency. Launched in May 2012, NetSuite's SuiteCommerce platform is at the heart of NetSuite Commerce as a Service (CaaS), and enables businesses to manage interactions with other businesses and directly with consumers via a cloud platform that delivers an enhanced customer experience, through any touch point, directly on the core NetSuite ERP/CRM business management application. This technology transcends the limitations and complexity of first-generation eCommerce systems to deliver new efficiencies for merchants and a superior experience for customers. For more information about SuiteCommerce please visit www.netsuite.com/suitecommerce.

NetSuite is one of 30 Rising Stars on the eTail recognition list, out of more than 100 companies nominated. The poll conducted by eTail, which produces annual conferences for the retail industry, asks retailers to nominate companies and describe how the "unsung hero" nominees have helped retailers improve eCommerce performance. "The eTail Rising Star Spotlight aims to acknowledge companies that our retailers consider vital to their business," said Delnaz Bhopti, Marketing Manager, Worldwide Business Research, eTail's parent company. ""Rising Star" companies provide products and services that put them at the forefront of their industry."

"NetSuite has worked hard to develop this market-changing solution, and it's an honor to be recognised by independent retailers for the role that SuiteCommerce plays in enabling them to deliver exceptional customer experiences and streamline business processes," said Andy Lloyd, NetSuite General Manager of Commerce. "This further validates that retailers can realise a competitive advantage through integration of eCommerce, inventory, warehousing, order management, marketing and analytics."

One of the companies that nominated NetSuite, Niner Bikes, uses SuiteCommerce to manage its Webstore and to provide a more tailored and intelligent shopping experience to its customers. "NetSuite gives us a single solution to run B2C sales more efficiently," said Chris Sugai, CEO at Niner Bikes. "Automation across business processes has saved us time from tedious manual work, trying to link our brick and mortar storefront and the front-end Webstore to our back office. SuiteCommerce lets us extend the rich and dynamic interactivity that we need to attract and retain eCommerce shoppers."

About NetSuite
Today, more than 12,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud ERP/financials suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing top 10 financial management systems vendor in the world. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.

About eTail
The goal of eTail conferences is to offer networking and actionable content to retailers in the form of multi-channel events designed to give attendees a look at the latest trends, the opportunity to meet peers and industry leaders alike and learn best practices. Who attends eTail? Individuals in management (CEOs, owners etc), marketing management, financial management, IT and operations management and merchandise management positions from retail organisations. For more information, please visit www.etail.com.

About Worldwide Business Research
Worldwide Business Research is the world's biggest large-scale B2B event company and leading provider of strategic business intelligence with 16 offices worldwide. Over 10,000 senior executives from Fortune 1000 companies each year attend WBR's events. In addition to conferences, WBR Digital, (WBR's professional services marketing division) executes campaigns on behalf of our clients seeking to enhance their branding, customer awareness, reach and engagement or to generate sales leads.

 

Follow NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates.

For more information about NetSuite, please visit www.netsuite.com.

NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between NetSuite and any other company.