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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