NetSuite CEO: What's Next For ERP In Cloud - InformationWeek
IoT
IoT
Cloud // Software as a Service
News
9/26/2012
09:46 AM
Connect Directly
Facebook
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%
RELATED EVENTS
Faster, More Effective Response With Threat Intelligence & Orchestration Playboo
Aug 31, 2017
Finding ways to increase speed, accuracy, and efficiency when responding to threats should be the ...Read More>>

NetSuite CEO: What's Next For ERP In Cloud

Watch video of our full interview with NetSuite CEO Zach Nelson on his 'complicated' relationship with Oracle, and much more.

NetSuitehas been providing software-as-a-service--starting with ERP--for 13 years now. You heard that right: 13 years. Before BusinessBy Design was a gleam in SAP's eye, and before Larry Ellison, who happens to have provided the financial backing for NetSuite, could proclaim the cloud as mere vapor. Before Salesforce.com. Before Workday. Before SuccessFactors. Before anything was cloud, before everything was cloud, there was NetSuite.

Zach Nelson, NetSuite's CEO, came to run the company 10 years ago, after a stint at McAfee, and before that at Oracle. He has led the company on a fairly steady course of success. The company's market cap is well north of $4 billion, and it has doubled revenue from 2007 through 2011.

My colleague Art Wittmann sat down with Nelson on the eve of Oracle OpenWorld, where he is one of the scheduled keynote speakers. We discussed NetSuite's key product strengths and where it's having success, its "complicated" relationship with Oracle, the lengthy list of NetSuite competitors, and some of the latest cloud software trends, including social, where NetSuite has been fairly quiet compared to other software providers. Nelson's answer to this: NetSuite's core business is creating the data that can feed these social tools, and he's not interested in owning the social piece.

NetSuite, Nelson told us, is focused on running big business. ERP is still its core offering, but more than 70% of its customers also run some other aspect of its suite (e-commerce, salesforce automation, and so forth). That may not be the sexiest message in an era where Oracle, SAP, and Salesforce.com are diving into fancy arenas like human capital management, social enterprise, and marketing, but ERP also happens to be the backbone of most businesses. NetSuite continues to bet it can dominate there.

You can watch the full interview in the video player below.

Informationweek.com run-of-site player, used to publish article embedded videos via DCT. The same ads will be served on this player regardless of embed location.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll