Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
NETSUITE RANKED #1 IN LEADING
ANALYST FIRM SURVEY OF VARS AND CONSULTANTS
VARs Vote NetSuite as Top Vendor
to "Show Aggressive Product Innovation, Pursue
Active and Creative Partner Development, and Bend over
Backward to Support VARs and Consultants"
SAN MATEO, CA – February 19, 2004 – NetSuite,
Inc., today announced that in a Gartner Group survey
taken to determine accounting-based business software
market visionaries, NetSuite received the top ranking,
outscoring Microsoft Business Solutions, Best Software,
Intuit and nine other software providers. When measured
by product functionality, NetSuite was a Top 5 finisher,
beating 16 other software products. With thousands of
customers globally in the US, Europe and Asia, NetSuite
is the leading provider of on-demand CRM/ERP application
software for small and mid-sized businesses. Its products
include NetSuite and Oracle Small Business Suite. The
Oracle Small Business Suite name is used under license
from Oracle Corporation (NASDAQ: ORCL). For more information
on the study, NetSuite's product offerings and partnership
opportunities, please go to http://www.netsuite.com/ranks1.
The Gartner report on 2003 accounting-based business
management applications used surveys of Value Added
Resellers and Consultants to rank top technology trends
and vendors for the small to mid-size business market.
The Top Technologies and Products Poll asked respondents
to rank the importance of 25 new technologies. True
to form, NetSuite holds a market leadership position
in the top desired features as identified by VARs and
consultants: full-fledged CRM, executive dashboards,
and logistics and warehouse management. Two polls in
the report asked VARs to rank vendor capabilities. NetSuite
received the top ranking in the Vendor Conviction Poll,
a survey which asked respondents to rank vendors that
"show aggressive product innovation, pursue active
and creative partner development, and bend over backward
to support VARs and consultants." NetSuite finished
in the Top 5 in the Vendor Solutions Poll, a measure
of products’ functional capability. NetSuite is
the only product developed in the last 5 years to receive
such high marks for product capability.
"NetSuite's leadership ranking reflects that customers
are prioritizing the integration of CRM and ERP functionality
above all else," said Zach Nelson, CEO of NetSuite.
"In the same way we have innovated in our product,
we have also blazed the trail in enabling partners to
gain from our software as service model. It is rare
when VARs and consultants recognize a single company
as leading the industry in product capabilities and
channel programs."
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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