BNET Industries
Market Cap:$971.0M
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 NelsonNumber of Employees 675
Contact Information
2955 Campus Drive
Suite 100
San Mateo, California 94403-2511
(650) 627-1000
Peer Companies
NAICS Code Software Reproducing: 334611
Recent Events
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With New App, NetSuite Bites the Hand that Feeds It
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NetSuite, InsideView Pull Social-Networking Data into Enterprise
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SmartTurn on-demand warehouse management is integrated with NetSuite's SuiteCloud platform
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Supply chain software: Will we soon see an on-demand Tier 1 WMS from RedPrairie?
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NetSuite Unveils OneWorld SRP for Global Management
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NetSuite 3Q Sales Climb 3.2%
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NetSuite plugs into Oracle financial software
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NetSuite Cloud Computing Platform Helps Save Fresh Produce Group Approximately $1 Million Per Year
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NetSuite Announces New Version of NetSuite OneWorld for Oracle Customers
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BRIEF-RESEARCH ALERT-Deutsche Bank raises targets on U.S. software cos
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NetSuite ships ERP software for iPhone
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NetSuite Unveils ERP Suite for iPhone
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CRM Solutions Provider NetSuite to Present Business Cloud Seminar in Sydney, Australia
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NetSuite Targets End-Of-Life SAP R/3 Users With New Crossroads Initiative
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NetSuite Provides ERP Solution for Salary.com
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FBR Capital Initiates Coverage on NetSuite N with a Market Perform; Fairly Valued
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BRIEF-RESEARCH ALERT-Morgan Stanley cuts U.S. software sector to in-line
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NetSuite Turns to Progress DataDirect for Standards-Based Connectivity to Cloud Applications
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NetSuite OneWorld Helps SuccessFactors Succeed With Dramatic...
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NetSuite: Where's the Tipping Point for On-Demand ERP?
News & Analysis
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NetSuite Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator Instructions Your first question comes from [Unidentified Analyst] - Deutsche Bank Securities. Unidentified Analyst - Deutsche Bank Securities What are you seeing in the spending environment? Are you seeing customers spending increasingly more than the last quarter? Do you think there's a...
Salesforce-NetSuite Rivalry Is Personal
Salesforce.com and NetSuite are the unlikeliest of enemies. Just a few years ago, the companies were at the advance guard of software-as-a-service, a burgeoning new industry that promised to eliminate the high licensing fees and onerous maintenance costs associated with buying on-premise software, offering in...
NetSuite Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions We will take our first question from Jeff Keene with William Blair. Jeff Keene – William Blair Yes, could you guys please talk about your business in October and what demand looked like and also what close rates looked like? Zach...
Cloud Computing Also Hit by IT-Spending Cutbacks
It’s a big week for the software as a service industry: Salesforce.com is establishing itself as a leading cloud computing provider, NetSuite is planning to take on SAP head on and Success Factors is upping its outlook. But underneath the surface there are more than a few questions marks lurking....
Sales Forecasting For Your Business Advantage
Inaccurate sales forecasts can cost companies millions-in terms of expenses, earnings and credibility. That's why, in nowadays' competitive environment, there's no room for planning or forecasting errors. To address the needs of small and midsized businesses, NetSuite offers Advanced Forecasting. It provides a reality-based forecasting process, which is triangulated between...
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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
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Sun, Fujitsu Launch Enhanced UltraSPARC Systems into Roiling Unix Market
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Alinghi promise super showdown
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NetSuite To Buy QuickArrow
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The Sun Also Sets
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How consolidation is killing innovation
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Sun Shareholders Vote to Sell to Oracle
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HP Sets Its Sights on a Setting Sun
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Can Google Release a Perfectly Secure OS? Nope.
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Oracle reins in new hands
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Sun Shareholders Approve Merger With Oracle
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GE Revenues Rise in China, India
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World Stocks Trade Higher
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Google, IBM Surprise
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Investors Brace For GE, Citi
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Throw This Stock Away
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HP's Blue Light Special: 85% off HP-UX with Solaris trade-in
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Sun Shareholders Vote to Accept Oracle Acquisition
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Sun Holders Approve Oracle Deal
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Sun Microsystems Says Shareholders OK Oracle Buy
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Rozwat's departure puts Oracle's software development reins in new hands
White Papers, Webcasts, and Resources
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