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

NETSUITE APAC CHANNEL GROWS 300%

APAC Channel Partners Benefit From Leading ERP Cloud Suite

SYDNEY, 12 October 2010—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / enterprise resource planning ERP software suites, today announced that more Asia Pacific-based technology channel partners have joined with NetSuite to drive the adoption of NetSuite cloud solutions. As NetSuite continues to gain influence in cloud computing, many of the region's best-known Value Added Resellers (VARs), Independent Software Vendors (ISVs) and Systems Integrators (SIs) have become NetSuite channel partners during the past 12 months.

The growth in the APAC channel enthusiasm for NetSuite corroborates data recently released by Gartner. In a recent report, Gartner reveals that 39 per cent of survey respondents worldwide have identified cloud computing as a key IT budget priority. Furthermore, the report establishes that global spending on cloud computing providers is set to account for 10 per cent of all external IT spend this year, with an increasing share of the global IT market expected in 2011. As the cloud has grown, the channel has grown with it. According to Gartner, between 40 and 50 percent of APAC cloud expenditures go to external service providers.

"The cloud is the perfect destination for developer and reseller organizations of all sizes, and the APAC market has not only embraced the cloud, but cloud services provided by trusted business partners," said Chris Schafer, APAC Managing Director of NetSuite. "NetSuite's growing network of developers and partners in the APAC region is crucial to helping enterprises of all sizes realize the benefits of cloud computing; enabling them to increase productivity, reduce costs, and streamline operations."

NetSuite's standout partners in the APAC region include:

Australia
myDIALS (www.mydials.com) exemplifies how developers can leverage the SuiteCloud platform to add value to the NetSuite business management suite and quickly gain access to a global marketplace of thousands of cloud-powered companies. myDIALS' business intelligence dashboards are an indispensible option for NetSuite clients, enabling users to gain a real time view of their business across finance, sales, service and marketing to continually improve business efficiency.

Online One (www.onlineone.com.au) has just launched the oneScan™ iPad app which replaces paper-based warehouse picking processes for NetSuite customers in the wholesale and distribution industry around the world.

JCurve Solutions (www.jcurvesolutions.com) is an innovative software and business services company, which has partnered with business management software leader NetSuite to bring big-business technology to small companies. Recent customer successes include online accounting service Bean Countess and fashion specialist Stingray.

Malaysia
Sunway E-Systems (www.sunway.com), a subsidiary of the Sunway Group, is a leading South East Asian integrator of technology-enabled business transformation. Its exclusive distribution agreement gives SES the rights to distribute, resell, implement and support NetSuite’s cloud computing business management suites in Malaysia.

ndia
Wipro Technologies (www.wipro.com), the global IT services business of Wipro Limited (NYSE:WIT), is a NetSuite strategic partner. Together, NetSuite and Wipro aim to set a new standard for cloud solutions expertise that large organisations worldwide can rely on for advancing their mission-critical business processes. The current scope of the partnership focuses on the Asia-Pacific market with future expansion planned for North America.

Nous InfoSystems (www.nousinfosystems.com) and its more than 1,000 developers are recognised leaders in the business system space. Nous are building new applications on the NetSuite platform as well as promoting, marketing and implementing NetSuite for Indian companies.

Philippines
The IT Group (www.itgroup.com.ph), an enabler and partner of businesses in service innovation, is a NetSuite partner. The firm will tap into the power and flexibility of NetSuite's cloud-based business management applications for its clients across the private, government and non-profit sectors.

Singapore
NCS (www.ncs.com.sg), a wholly-owned subsidiary of the SingTel Group (SGX: Z74), is an IT services powerhouse in South East Asia. NCS's recent partnership with NetSuite gives NCS the rights to distribute, resell, implement and support NetSuite’s cloud computing business management suites in Singapore and other Asia Pacific countries.

These channel partners, many of them new to the NetSuite cloud, join established regional businesses which have already realized success in the cloud, including ProQuest from India; Phoenix from the Philippines; JLD Technology and S&I from Singapore; and Fusion5 from New Zealand.

NetSuite's APAC Channel Program Delivers Opportunity
NetSuite's cloud computing portfolio offers unique advantages to developers and integrators looking to modernise and grow their businesses. As the world leader in cloud computing business suites, NetSuite has unmatched depth of functionality, a robust development platform and wide coverage of several key industry verticals. Through the channel program, SuiteCloud developers are able to maximise their R&D investments with transparent access to the global NetSuite marketplace. NetSuite offers the ideal opportunity for experienced channel partners and developers looking to establish new revenue streams as on-premise margins erode and opportunities disappear.

About the NetSuite APAC Channel Program — www.netsuite.com/au-partners.
NetSuite Channel Program enables solution providers across a variety of industries to tap into the power and flexibility of NetSuite's leading cloud-based business management applications for firms of all sizes. It provides partners with unprecedented benefits, including the unique recurring revenue model, which is designed to reward partners for successfully retaining their clients year after year.

 

 


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