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Jan 12

5 Little Known Facts About NetSuite

  • 12th January 2017
  • Alison Auld
  • No Comments
  • ERP, NetSuite

5 Little Known Facts About NetSuite

 

  • It was founded in 1998.   That makes it 20 years old next year.  Other things born in 1998 include, Google, Viagra, Saving Private Ryan and Jaden Smith.  Co-incidentally this makes it the first cloud only based business (beating Salesforce by one year).

 

 

 

 

 

  • NetSuite was bought by Oracle in November 2016.  The co-founder of NetSuite is none other than Oracle’s own Larry Ellison – eccentric business millionaire, philanthropist and yacht lover.  He didn’t become the fifth richest man in the world by investing in duds.   NetSuite is built upon an Oracle platform.

 

 

  • NetSuite partners were first introduced in the UK over 10 years ago.  Cofficient were one of the first to become a NetSuite partner.   Cofficient’s own Paul Tindal first started to implement NetSuite in 2002.  The NetSuite partner community comprises a number of independent companies across the globe who can implement and resell the NetSuite software.  The software is still bought from NetSuite directly so you won’t get a change in price by going through a NetSuite partner, but you will get additional services such as product integration and enhanced customisation.

 

  • NetSuite offers industry specific solutions.  You can buy NetSuite for Retail, Services, Advertising, Software, Wholesale Distribution and Manufacturing.

 

NetSuite Partner

  • It’s used by over 30,000 companies in over 100 countries.  When you buy a sandwich from Pret or redeem your Groupon vouchers, it’s powered by NetSuite.  When you Shazam a song it’s NetSuite which manages your transaction.  Complete a YouGov survey, order a Dilveroo or make a Kiva donation?  All possible through NetSuite.  And who doesn’t love a Slush Puppy?

 

 

Written By Emma Stewart – Sales and Marketing Director at Cofficient (NetSuite Partner since 2002)

 

 

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