Press Releases


Contact:

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

NETSUITE SUITECLOUD 2010 BRINGS CLOUD VISIONARIES TO SYDNEY

More than 60 VARs, ISVs and Developers Converge at Leading Cloud Event

SYDNEY — 11 October 2010 —NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, announced today that more than 60 channel partners, independent software vendors (ISVs), and developers will converge at SuiteCloud APAC 2010, NetSuite's inaugural annual partner event for the Asia/Pacific region. This year's conference is taking place 11-12 October at the InterContinental Sydney Hotel. This event highlights the tremendous opportunity for cloud computing solutions in the APAC market.

SuiteCloud APAC 2010 brings together luminaries in cloud computing with a diverse ecosystem of partners — from solution providers to developers to ISVs to system integrators (SIs). The conference will focus on how the NetSuite cloud ecosystem can power the changing business models for resellers and how it can foster the industry's most sophisticated third-party applications for the next decade and beyond. For more information about SuiteCloud APAC 2010, please visit http://www.netsuite.com/portal/au/press/events/conference/main.shtml.

Cloud computing is the next great wave in enterprise innovation, and NetSuite has established the worldwide credentials to lead the charge. According to a market share report published in April 2010 by Gartner, from 2007 to 2009 NetSuite grew market share by more than 83 percent in Australia, complementing gains of 80 percent in North America and nearly 90 percent in the UK. According to the Gartner report, NetSuite grew market share faster than any other ERP vendor, amongst top 10 financial management solutions across North America, and in key APAC and European markets. At SuiteCloud APAC 2010, partners will learn how to leverage NetSuite's growing traction as the preferred deployment model for business applications.

"As cloud computing becomes the clear way forward in enterprise software, we see massive opportunities for channel businesses to transition from selling traditional on-premise models to demand-driven, highly profitable cloud-based suites," said Chris Schafer, APAC Managing Director of NetSuite. "The significant number of innovative companies already registered for the SuiteCloud APAC 2010 conference clearly indicates that the NetSuite cloud ecosystem will power the industry's most sophisticated, third-party applications for the next decade and beyond."

SuiteCloud APAC 2010 will feature a keynote address by Zach Nelson, CEO of NetSuite, as well as expert presentations by several members of NetSuite's executive leadership team, all focused on the vital matter of new strategic options the cloud creates for partners and resellers.

Prospective NetSuite partners will discover the significant business opportunities offered by the innovative APAC channel program. Independent developers will have the opportunity to preview upcoming technology innovations and future platform enhancements while strengthening their ties with NetSuite. Established systems integrators will learn of new consulting opportunities to incorporate the cloud into their process-focused practices.

About NetSuite
NetSuite Inc. is the industry's leading provider of cloud-based financials/ERP software suites. NetSuite enables companies to manage core key business operations in a single system, which includes Enterprise Resource Planning (ERP), Accounting, Customer Relationship Management (CRM), and Ecommerce. NetSuite's "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.