NetSuite Blog

Everything listed under: Industry Trends

  • Beware the Wolf in Cloud's Clothing

    I recently presented at the Springboard Research Cloud Seminar in Sydney on the benefits of Cloud Computing and the types of business management insights and efficiencies that Cloud-based applications like NetSuite OneWorld can bring to global companies.  There, just as at Oracle OpenWorld a week later and any number of similar events that have been held around the world in recent months, the question 'what exactly is Cloud Computing?' was asked and how can you tell the difference between r...

  • SAP Brings Stone-Age Software Economics to Cloud Computing

    The appetite for cloud computing applications among businesses today is dramatic, with leading analyst firms like IDC, forecasting cloud computing to grow six times faster than all software over the next few years.  With more and more companies turning their backs on stone-age on-premise software that’s expensive to buy and run, it’s no surprise that the old on-premise vendors, like SAP, that became addicted to peddling multi-million dollar ERP deployments are frantically trying to jump int...

  • The IMA Survey Results Are in - What the Cloud Means to Finance

    NetSuite's new partnership with the Institute of Management Accountants is a real opportunity to understand how cloud based ERP is perceived by finance organizations, as well as get a clear perspective about some of the concerns (and myths) that still remain. Recently, I moderated a panel discussion of CFO's at businesses that had adopted NetSuite's cloud ERP (rather than choosing to plough the traditional on-premise ERP road). The topic of the webinar was "What the Cloud Means to Finance", and ...

  • NetSuite and the Institute of Management Accountants (IMA) Help Address Demand

    We’re excited to announce that NetSuite has partnered with the Institute of Management Accountants (IMA) to help CFOs, controllers and finance executives take advantage of the industry’s rapid movement to cloud accounting software solutions. By combining our leadership in cloud computing with IMA’s decades of experience in meeting the needs of finance professionals, we’re hoping to help IMA members identify gaps in their finance organizations, target growth opportunities and understand how cloud...

  • Don’t Forget the Human Element of Centralization

    In my professional services role, I see many customers make a common mistake when it comes to cloud computing deployments: they simply forget about the de-centralization of their workforce. The implementation of cloud computing has many benefits over and above traditional software deployments; however, one benefit in particular can turn out to be a “double-edged sword” if not handled correctly—that is the fact that you can deploy the software from one location to the entire universe of end users...

  • Stop the Software Integrations!

    For many years, small businesses have been purchasing “best-of-breed” business systems for every department of their organization and then dealing with the repercussions of those decisions later.  It makes sense at first because this approach solves your most immediate pain, shuts up the most loudly screaming department head for awhile, and seems to be the least complicated way of solving their problems.  So companies end up with one system for sales, another for accounting, maybe Exce...

  • Old Age Sage and New Age NetSuite

    The Sage World user conference kicked off the other day in sunny Telford here in the U.K. with the usual PR fanfare—and the not-so-usual spectacle of a couple of NetSuite poster trucks circling the conference centre. Our poster trucks (and some tweets) were light-hearted needling that borrowed a bit from U.K.

  • State of Wholesale Distribution: A Survey of Key Business Objectives and Challenges among Mid-Market

    NetSuite recently completed a "State of the Industry" Wholesale and Distribution survey – it was a great undertaking that allowed us to get insights and feedback from a great cross-section of mid-market and fast growing business leaders. We didn't intent to do original research but in trying to get a sense of the market place we quickly realized that there weren't any good sources – NAW does terrific work but their focus is on the industry giants, we wanted to learn about typical wholesaler and ...

  • Revenue Recognition Transformation Series with NetSuite

    As some of you in the Bay Area may know, we recently kicked off our Revenue Recognition Series at the Four Seasons, Palo Alto on June 10th. It was standing room only as finance professionals from around the Bay Area gathered to hear NetSuite CEO, Zach Nelson, discuss the strategies needed to adopt the new EITF rules and ways NetSuite is making it easier for companies to comply. Additionally, attendees heard from some of the industry’s top revenue recognition experts including senior executives f...