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.
- 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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