NetSuite Releases New Version of OneWorld ERP System
Updated · Oct 12, 2010
NetSuite has released a new version of its OneWorld ERP system offering integration with Google Apps and is targeted at multinational
organizations. Also reported on IT Wire is that the company’s cloud-based ERP solution, OneWorld, currently represented 30 percent of new business.
“The company’s sights are set on what Mr Nelson describes as the ‘Fortune 5 million’ – companies traditionally a little too large to run their business on tools such as MYOB, but too small for Oracle (ironically Oracle boss Larry Ellison is NetSuite’s largest single shareholder). According to Mr Nelson; ‘In most cases we are replacing something – but the profile of the customer is changing radically.'”