SAN MATEO, Calif.—October 3, 2006—NetSuite, Inc., the leader in on-demand business software suites, today announced that it was selected as one of the five 'The Next Big Thing' companies at Enterprise 2006, to be held at Pebble Beach, Calif., October 8 - 10. Additionally, NetSuite CEO Zach Nelson will be speaking at the conference on October 10. NetSuite's listing as one of the five 'The Next Big Thing' companies by Sand Hill Group is another addition to the growing list of awards and recognitions NetSuite is receiving. With thousands of customers worldwide, NetSuite is the world's largest on-demand software suites provider and the fastest-growing software company in Silicon Valley (source: Deloitte Fast 50 and Inc. 500). For more information about the company please visit www.netsuite.com
"We are honored to be selected as a 'Next Big Thing' company," said Zach Nelson, CEO of NetSuite. "This recognition is a testament to what NetSuite has achieved. As a Software as a Service company, NetSuite has impacted the software industry by delivering the only on-demand suites to small and midsize businesses. While Web 2.0 is hot, I think the next big thing will be SaaS 3.0 led by NetSuite."
"I have tracked NetSuite for several years and have seen the growth and industry leadership of the company," said M.R. Rangaswami, co-founder of the Sand Hill Group and a driving force behind Enterprise 2006. "Based on what I have seen, I bet on NetSuite to be the Next Big Thing company in the on-demand software industry."
About Enterprise 2006
The Sand Hill Group's annual Enterprise Conference brings together CEOs and leaders from diverse segments of the enterprise software industry to candidly share ideas and opinions, and debate strategic issues of common interest. The conference draws 200 of the "who is who" in the Enterprise and technology markets. See http://www.sandhill.com/conferences/enter2006.php. Each year the entire conference surplus goes to the non -profit SHG Foundation. The Sand Hill Group is an investment and consulting group based in the San Francisco Bay Area. See http://www.sandhill.com/sandhillgroup/foundation.php.