BNET Industries

Market Cap:$975.4M
Last Fiscal Year Sales:$108.5M
  • Public
  • US
Dow Jones Description

NetSuite Inc. is a leading vendor of on-demand, integrated business software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies. NetSuite enables companies to manage core business operations in a single system. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

President & CEO
Zach Nelson
Number of Employees 675
Contact Information

2955 Campus Drive

Suite 100

San Mateo, California 94403-2511

www.netsuite.co...

(650) 627-1000

NAICS Code Software Reproducing: 334611

Recent Events

  • With New App, NetSuite Bites the Hand that Feeds It

    11/27/09 - Merger / Acquisition - View Story

  • NetSuite, InsideView Pull Social-Networking Data into Enterprise

    11/18/09 - Product Announcement - View Story

  • SmartTurn on-demand warehouse management is integrated with NetSuite's SuiteCloud platform

    11/19/09 - Joint Venture / Alliance - View Story

  • Supply chain software: Will we soon see an on-demand Tier 1 WMS from RedPrairie?

    11/06/09 - Joint Venture / Alliance - View Story

  • NetSuite Unveils OneWorld SRP for Global Management

    10/29/09 - Product Announcement - View Story

  • NetSuite 3Q Sales Climb 3.2%

    11/05/09 - Financial Announcement - View Story

  • NetSuite plugs into Oracle financial software

    10/19/09 - Product Announcement - View Story

  • NetSuite Cloud Computing Platform Helps Save Fresh Produce Group Approximately $1 Million Per Year

    10/19/09 - Licensing / Contract - View Story

  • NetSuite Announces New Version of NetSuite OneWorld for Oracle Customers

    10/14/09 - Product Announcement - View Story

  • BRIEF-RESEARCH ALERT-Deutsche Bank raises targets on U.S. software cos

    10/08/09 - Bond / Stock Rating - View Story

  • NetSuite ships ERP software for iPhone

    9/30/09 - Product Announcement - View Story

  • NetSuite Unveils ERP Suite for iPhone

    9/25/09 - Product Announcement - View Story

  • CRM Solutions Provider NetSuite to Present Business Cloud Seminar in Sydney, Australia

    10/07/09 - Product Announcement - View Story

  • NetSuite Targets End-Of-Life SAP R/3 Users With New Crossroads Initiative

    9/18/09 - Licensing / Contract - View Story

  • NetSuite Provides ERP Solution for Salary.com

    9/15/09 - Licensing / Contract - View Story

  • FBR Capital Initiates Coverage on NetSuite N with a Market Perform; Fairly Valued

    9/11/09 - Bond / Stock Rating - View Story

  • BRIEF-RESEARCH ALERT-Morgan Stanley cuts U.S. software sector to in-line

    9/08/09 - Bond / Stock Rating - View Story

  • NetSuite Turns to Progress DataDirect for Standards-Based Connectivity to Cloud Applications

    9/08/09 - Licensing / Contract - View Story

  • NetSuite OneWorld Helps SuccessFactors Succeed With Dramatic...

    8/11/09 - Licensing / Contract - View Story

  • NetSuite: Where's the Tipping Point for On-Demand ERP?

    8/02/09 - Financial Announcement - View Story

News & Analysis

netsuite inc. and on-demand - All News and Analysis

Decision Makers

Name (plus bio) Position
Zach Nelson President & CEO
Jim McGeever Chief Financial Officer
Dave Lipscomb Senior Vice President, Engineering & Operations
Dean Mansfield Senior Vice President of Worldwide Sales
Jay O'Connor Senior Vice President of Worldwide Marketing
Michael R. Williams Senior Vice President, Sales, Worldwide
Stephen C. Wolfe Senior Vice President, Product Management
Tara Ryan Senior Vice President, Marketing
Lawrence J. Ellison Co-Founder
Carolyn Hallinan *
Justin Foster
Richard Fox *

Board of Directors

Name (plus bio) Position
Evan Goldberg Co-Founder, Chairman & CTO
Kevin Thompson Board of Directors

Zach Nelson has more than 20 years of leadership experience in the high-tech industry, where he has held a variety of executive positions spanning marketing, sales, product development and business strategy with leading companies such as Oracle, Sun Microsystems, and McAfee/Network Associates. Nelson has been CEO of NetSuite since 2002. One of top 10 visionary CEOs in the Silicon Valley, Nelson led NetSuite's successful IPO in 2007. Under his leadership, NetSuite has become the leading provider of SaaS business management software suites in the world. Nelson holds a patent in the field of application integration, and has several others pending approval. He holds B.S. and M.A. degrees from Stanford University.

Organization Position Status
NetSuite, Inc. President & CEO Current

Mr. Goldberg spent eight years at Oracle Corporation, where he served as a vice president. He was involved in a variety of projects, all focused on making powerful database technology more accessible to users. When he left Oracle, he started mBED Software and built groundbreaking Web site technology. He founded NetSuite in 1998. Mr. Goldberg holds a B.A. Summa Cum Laude in Applied Mathematics from Harvard University.

Organization Position Status
NetSuite, Inc. Co-Founder, Chairman & CTO Current
Harvard University B.A. Summa Cum Laude in Applied Mathematics Former

Mr. McGeever has more than 15 years of finance and accounting experience in the high-tech industry. Leveraging his experience in working with companies through successful IPOs, he spearheads the initiatives in finance and accounting as CFO for NetSuite. Before joining NetSuite, he was the controller of Clontech Laboratories, Inc., a privately held biotechnology company that was acquired by Becton Dickinson. He was also the corporate controller at Photon Dynamics, Inc., a capital equipment maker. While at Photon Dynamics, he helped the company through a successful IPO in 1994. He is a qualified chartered accountant and previously worked at Ernst & Young. He has a B.Sc. from the London School of Economics.

Organization Position Status
NetSuite, Inc. Chief Financial Officer Current
Photon Dynamics, Inc. Corporate Controller Former
BD Biosciences Clontech Controller Former
The London School of Economics Bachelor of Science Former

Organization Position Status
NetSuite, Inc. Senior Vice President, Engineering & Operations Current

As a highly regarded tech industry veteran, Mr. Mansfield brings a wealth of leadership and executive management experience in sales and business development. Leading NetSuite's sales operations and business development efforts in the U.S., EMEA and Asia Pacific, Mr. Mansfield is charged with driving the company's winning strategy for on-demand software sales, strategic partnerships, customer success and growing the customer base globally. Prior to joining NetSuite, Mr. Mansfield held senior management positions with Brocade Communications Inc., where he was responsible for the sales organization's international region. At Plumtree Software Inc., he was vice president of Asia Pacific and Japan, and led the product entry into the Asian markets. Previously, Mr. Mansfield held several executive positions at Network Associates, ultimately leading all non-U.S. operations as vice president of International Sales & Operations. Mr. Mansfield holds an honours degree in Law from the University of London.

Organization Position Status
NetSuite, Inc. Senior Vice President of Worldwide Sales Current
Network Associates Vice President of International Sales Former
Plumtree Software, Inc. Vice President Former
University of London Degree, Law Former

In his role as Vice President of Worldwide Marketing at NetSuite, Mr. O'Connor oversees all aspects of NetSuite's marketing activities, including demand generation, marketing programs, and brand strategy. Mr. O'Connor came to NetSuite with extensive experience in marketing software, services and on-demand solutions to small and mid-sized businesses, including over six years at Intuit where he managed the QuickBooks business. Most recently, Mr. O'Connor was Vice President of Marketing and Product Management at CaseCentral, which he helped become one of the largest and fastest growing on-demand software companies in the US. Prior to CaseCentral, Mr. O'Connor was Vice President of Marketing at Inzap, a Web-based provider of credit services for banks and their small business customers. Before Inzap, he served as Vice President of Marketing at PlanetRx, a pioneer in online pharmacies. Previous to PlanetRx, O'Connor held a number of senior positions at Intuit. As Group Product Manager of QuickBooks, he led the marketing and product management team that acquired the first one million QuickBooks customers and grew market share from zero to more than 70% in the small business accounting category. In addition, he served as Director of Corporate Strategy and as Director of the Quicken.com business. Mr. O'Connor received his MBA from Harvard Business School and his B.A. from Stanford University.

Organization Position Status
NetSuite, Inc. Senior Vice President of Worldwide Marketing Current
Quickbooks Group Product Manager Current
Cothrive Inc. Director Current
Inzap, Inc. Vice President of Marketing Former
Intuit, Inc. Former
Harvard Business School Mba Former
Stanford University B.A. Former

Organization Position Status
NetSuite, Inc. Senior Vice President, Sales, Worldwide Current
Pacific Partners Senior Vice President of Worldwide Sales, Netsuite, Inc. Current
Avtec Systems, Inc. Vice President and General Manager of The Satellite Ground Systems Division Current
Avtec Inc. Vice President and General Manager of the Satellite Ground Systems Division Current
Apptera, Inc. Current
Pacific Partners advisory board member Current
Exodus Communications Senior Vice President Former
ZANTAZ Inc. Vice President of Worldwide Sales Former
WorldCom, Inc. Regional Sales Director Former
National Instruments Corporation design engineer Former
The University of Texas at Austin Master's Degrees In Electrical and Computer Engineering Former
The University of Texas at Austin Bba In Finance Former
The University of Texas at Austin degrees in Electrical and Computer Engineering Former

Mr. Wolfe joined NetSuite with over 14 years of experience in the small business accounting software market. Most recently, he was Director of Product Management at Peachtree Software, where he was responsible for developing and executing product plans for multiple products including One-Write Plus, Peachtree Office Accounting, Peachtree First Accounting and Peachtree 2000. Before Peachtree, he held product management positions at NEBS Software, MECA Software and Great American Software.

Organization Position Status
NetSuite, Inc. Senior Vice President, Product Management Current
CaseCentral Vice President of Marketing and Product Management Former
Inzap, Inc. Vice President of Marketing Former
Peachtree Software, Inc. Director of Product Management Former
Quickbooks Group Product Manager Former
Harvard Business School MBA Former
Stanford University B.A. Former

Organization Position Status
NetSuite, Inc. Senior Vice President, Marketing Current

Larry Ellison has been CEO of Oracle Corporation since he founded the company in 1977. He also races sailboats, flies planes, and plays tennis and guitar.

Organization Position Status
Oracle Corporation Chief Executive Officer Current
NetSuite, Inc. Co-Founder Current
Oracle Corporation Board of Directors Current
The Dian Fossey Gorilla Fund International Board of Trustees Current
Golden Gate Yacht Club Board of Directors Current
Knowledge Universe, Inc. Board of Directors Former
Harvard University B.A. Summa Cum Laude in Applied Mathematics Former

Organization Position Status
Xacp Principal Current
NetSuite, Inc. * Current
Centerpost Corporation * Current
Merrill Lynch & Co., Inc. Head Business Development Former
Babson College MBA Former

Organization Position Status
Appirio, Inc. Current
NetSuite, Inc. Current
Cambridge Technology Partners Former
Boston College Bachelor' Degree Former

Organization Position Status
Xacp Managing Director Current
NetSuite, Inc. * Current
Nomadix, Inc. * Current
Saqqara Systems Inc. * Current
Broadbeam * Current
E-Duction, Inc. * Current
New York University Associate Professor Current
PNC Bank Vice President Former
Chemical Banking Corporation Former
The Penn Mutual Life Insurance Company Former
Janney Montgomery Scott LLC Former
Georgetown University M.A. Former
University of Connecticut B.A. Former

Kevin Thompson brings nearly 20 years of corporate finance, strategic planning and management experience to the NetSuite board. Mr. Thompson currently serves as chief financial officer at SolarWinds, a leading provider of Windows-based network management, network monitoring and network discovery software applications. Prior to SolarWinds, Mr. Thompson was senior vice president and chief financial officer at SAS, the largest privately held software company in the world. Before that, he was chief financial officer, treasurer, and an executive vice president of Red Hat, Inc. (NASDAQ: RHT), the world's leading provider of Linux and open source solutions to the enterprise. Earlier in his career, Mr. Thompson served as a partner in the Global Technology Industry Group of PricewaterhouseCoopers LLP, where he managed operations, debt and equity offerings, and mergers and acquisitions for public and private technology companies.

Organization Position Status
SolarWinds Chief Financial Officer Current
Solarwinds.Net, Inc Chief Financial Officer Current
NetSuite, Inc. Board of Directors Current
Red Hat, Inc. Executive Vice President Former
SAS Institute Inc. Senior Vice President and Chief Financial Officer Former

Executive News

  • Sun, Fujitsu Launch Enhanced UltraSPARC Systems into Roiling Unix Market

    eWeek - 7/23/09 - View Story

  • Alinghi promise super showdown

    South China Morning Post - 7/23/09 - View Story

  • NetSuite To Buy QuickArrow

    SYS-CON Media - 7/23/09 - View Story

  • The Sun Also Sets

    Byte and Switch - 7/22/09 - View Story

  • How consolidation is killing innovation

    CNN Money - 7/22/09 - View Story

  • Sun Shareholders Vote to Sell to Oracle

    IT Jungle - 7/20/09 - View Story

  • HP Sets Its Sights on a Setting Sun

    Motley Fool - 7/20/09 - View Story

  • Can Google Release a Perfectly Secure OS? Nope.

    PC World - 7/18/09 - View Story

  • Oracle reins in new hands

    IT World Canada - 7/17/09 - View Story

  • Sun Shareholders Approve Merger With Oracle

    Information Week - 7/17/09 - View Story

  • GE Revenues Rise in China, India

    Forbes.com - 7/17/09 - View Story

  • World Stocks Trade Higher

    Forbes.com - 7/17/09 - View Story

  • Google, IBM Surprise

    Forbes.com - 7/16/09 - View Story

  • Investors Brace For GE, Citi

    Forbes.com - 7/16/09 - View Story

  • Throw This Stock Away

    Motley Fool - 7/16/09 - View Story

  • HP's Blue Light Special: 85% off HP-UX with Solaris trade-in

    Computerworld - 7/16/09 - View Story

  • Sun Shareholders Vote to Accept Oracle Acquisition

    eWeek - 7/16/09 - View Story

  • Sun Holders Approve Oracle Deal

    The Wall Street Journal Interactive Edition - 7/16/09 - View Story

  • Sun Microsystems Says Shareholders OK Oracle Buy

    CNN Money - 7/16/09 - View Story

  • Rozwat's departure puts Oracle's software development reins in new hands

    Computerworld - 7/16/09 - View Story

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     N $15.63 +0.06 (0.39% )
Average Volume 189,770
Shares Outstanding 62.37M
Market Cap 974.8M
Year High 17.485
Year Low 6.65
Earnings Per Share -0.34
P/E Ratio -45.97
Dividend N/A
Yield N/A
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