NetSuite Company Information

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Year founded:
 1998 (originally incorporated as company name NetLedger)
Ownership:
 Public, NYSE: N
Number of employees:
 ~675 (2007)
Annual revenues:
 ~$108M USD (2007)
Target market:
 Small businesses
In September 2007, Reuters reported NetSuite retained 5,300 customers. In a February 2007 Accounting Technology magazine interview article, CEO Zach Nelson identified NetSuite's customer
acquisitions based on the systems new clients converted from.
His breakdown was:
• More than half of new customers
are companies previously using QuickBooks
• About 30% of new customers come from Sage products (primarily the MAS family) and Microsoft's Great Plains
• 20% come from new startups
Vertical markets:
 Wholesale/distribution
Services companies
Software companies
Company locations:
 San Mateo, California, USA (headquarters)
Ontario, Canada
Sydney, Australia
UK/Middle East/Africa
Singapore
Hong Kong
Awards:
 The CPA Technology Advisor - 5 Star Rating (2007)
Real Time CRM Award (2007)
CRM Excellence Award (2005, 2007)
Top 15 CRM Award (2005, 2006, 2007)
CNET Enterprise Software, United Kingdom (2006)
CRM Magazine Market Leader Award (2004, 2005, 2006)
Inc. 500 (2006)
Certifications:
 SAS70
Partners:
 Apple Computer
FedEx
Merchant e-Solutions
NEBS
NetReturn
PayPal
UPS
VeriSign
Partner programs:
 Yes, channel partner program.
Web site:
 www.netsuite.com

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