NETSUITE AND GENPACT PARTNER TO TRANSFORM AND MODERNIZE BUSINESS PROCESS MANAGEMENT
Power of Cloud Computing and BPM Expertise Deliver Accelerated Financial and Operating Benefits
NetSuite SuiteCloud 2010, SAN FRANCISCO and NEW YORK—April 14, 2010—Genpact Limited (NYSE: G), a leader in managing business processes, and NetSuite Inc. (NYSE: N), a leading vendor of cloud computing business management software suites, today announced a strategic partnership designed to leverage the growing power and popularity of cloud computing to transform and modernize business process management (BPM). Genpact and NetSuite will provide the industry's first BPM solutions that take advantage of the dramatic cost savings and productivity benefits of cloud computing—solutions that will enable companies to quickly realize the benefits by abandoning archaic and expensive software infrastructure in favor of efficient, cost-effective, and nimble enterprise management.
The partnership brings together the strengths of the NetSuite cloud business management suite—enterprise resource planning (ERP), customer relationship management (CRM), e-commerce—and Genpact's industry and process domain expertise and global operating model in managing business processes for clients. As a result, businesses will have access to unprecedented control, flexibility and visibility as they seek to cut IT costs and streamline key business processes.
Under the partnership, Genpact will employ its global IT program management and ERP consulting teams to provide NetSuite implementation services to mid-market companies and divisions of larger companies around the world. Genpact will also leverage NetSuite's OneWorld solution to provide its world-class business process services to these clients. Genpact will draw on its extensive business process domain knowledge and understanding of clients' key business processes to deliver best-in-class solutions, develop tools and build intellectual properties around pre-configured templates for the target market globally.
"Over the last few years, we have seen significant shifts in the business challenges facing mid- market companies as they manage their growth. To help address many of these challenges, mid-market companies are increasingly adopting cloud computing solutions that offer scalability and low acquisition costs," said NV 'Tiger' Tyagarajan, COO, Genpact. "We believe that our alliance with NetSuite will combine our business process expertise and vast technology and industry experience with NetSuite's robust on-demand delivery platform to set the industry standard for cloud-based business process solutions for this market segment. Likewise, we see many large enterprises embracing similar approaches for addressing their growth needs in emerging markets or to replace expensive and outdated legacy systems and processes"
"We are excited to have Genpact as the first partner utilizing NetSuite OneWorld to provide a world-class BPM solution," said Zach Nelson, CEO of NetSuite. "Combining Genpact's deep experience in business process management, proven program management and IT integration skills with NetSuite's revolutionary cloud application creates a compelling solution that will allow companies of any size to cut costs, streamline their operations and increase the speed of their business. Genpact's visionary adoption of a cloud infrastructure for BPM services is a model for "BPM 2.0" that will generate substantial benefits for both Genpact and their clients."
Genpact Spotlights NetSuite OneWorld
NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.
For more information: