The concept behind cloud computing is simple: it lets you run computer applications over the Internet, without having to buy, install or manage your own servers. You can run your company’s IT operations with nothing more than a browser and an Internet connection. Applications, operating systems, servers and network switches all reside out of sight and within the metaphorical cloud, the Internet and are managed by your cloud computing vendor.

A New Way of Doing Business

Cloud computing turns conventional software delivery on its head in a number of ways:

• Low overhead: Upgrades, maintenance and system administration take place in the cloud and are managed by the vendor, so you don’t have to spend nights or weekends supervising a new version upgrade or a failed server. One industry analyst study found that cloud-based business software cost 50% less than on-premise software over a four-year period for a 100-employee company
• Ease of access at anytime, and from anywhere: Cloud computing is “always on,” making it easy to grow your business and support remote workers and locations, or support a highly mobile sales or service team, because people can access the cloud any time, day or night, from any browser, desktop ormobile device around the globe, 24×7
• High availability: Cloud software architectures are designed from the ground up for maximum network performance, so they frequently deliver better application-level availability than conventional, on-premise solutions. For example, NetSuite commits to 99.5% availability for its customers, and provides data security such as PCI DSS compliance that would be cost prohibitive to achieve with on-premise software
• Security: For many companies, the level of security and availability, disaster recovery and back-up provided by a software-as-a-service provider far exceeds that which they can provide themselves. NetSuite, for example, provides data security such as PCI DSS compliance that would be cost prohibitive to achieve with on-premise software
• Fast deployment: You can be up and running with ERP, CRM or ecommerce applications, on a local or global scale, within a few months, rather than the six to 12 months it would take to install and troubleshoot conventional servers and software
• Optimized performance: The cloud adjusts to your performance needs, dynamically assigning server cycles whenever and wherever you need them, and automatically adjusting to spikes in your business.
• Subscription-based pricing: You pay as you go, often on an annual basis, unlike conventional systems where you have to make a major up-front investment in licenses, hardware and software. You benefit from better cash flow and far greater IT flexibility
• Energy savings: By eliminating the need for on-premise hardware, cloud computing reduces overall server room electric consumption as well, which can save a mid-size businesses more $10,000 or more per year, according toa recent sustainability impact study.

You’re in Control

Best of all, cloud computing lets you focus on your business rather than on your software. You don’t have to use valuable IT resources to keep business systems on life support. Instead, you can re-deploy them to focus on more strategic business initiatives while leaving your cloud computing vendor to worry about scalability, security, uptime, application maintenance and system upgrades.

And you can be confident in taking your business public, or into new regions of the world, without outgrowing your cloud computing resources, thanks to the world-class datacenters typically provided by cloud computing vendors.

 

SAN MATEO, Calif.—July 7, 2011—NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, today announced the details of an upcoming webinar designed to help enterprises learn valuable insights and best practices for adopting and integrating cloud ERP across divisions and subsidiaries. The webinar, “Your Playbook for Integrating Cloud ERP into the Enterprise,” will feature best practices and strategies from leading analyst R. “Ray” Wang, Principal Analyst and CEO of Constellation Research, together with first hand insights from Olympus, a division running NetSuite’s cloud ERP within the broader Olympus enterprise. In addition, Darren Cunningham, Vice President,Informatica Cloud (NASDAQ: INFA), will discuss how to integrate cloud solutions with existing IT investments. The event will be held Wednesday, July 13 at 11:00 a.m. PDT (2:00 p.m. EDT). Register now for the event athttp://bit.ly/webinartwotier.

This new NetSuite webinar is aimed at enterprises seeking to standardize ERP across their divisions and subsidiaries without incurring the onerous time and substantial costs associated with deploying or expanding traditional on-premise systems. The webinar will cover all aspects of two-tier ERP, and explain how enterprises can leverage cloud ERP as a critical part of their operational strategy, including best practices, first-hand experience, tactics, deployment strategies, and more.

“Enterprises are struggling with the result of years of fragmented ERP investments throughout their business structures—but rationalizing them, using traditional ERP approaches is prohibitive. It is vital that enterprises now learn how to leverage strategies such as two-tier and hub-and-spoke models, together with cutting edge technologies such as cloud ERP,” said Ray Wang. “These new solutions and strategies can enable enterprises to grow more efficiently and cost effectively, ensure subsidiary flexibility, while accelerating financial consolidation and improve overall visibility.”

The adoption of cloud computing in the enterprise is rapidly approaching a tipping point as more and more companies seek alternatives to costly and rigid on-premise systems. Research conducted by leading industry analyst firm IDC shows the market for cloud technology and services set to more than double by 2014, with more than 40 percent of this growth the result of cloud adoption by companies with more than 1,000 employees. This growth trajectory is being driven largely by the deficiencies of legacy, on-premise business systems, which many analysts believe have become too costly and complex to support the agile business processes required to compete in a dynamic and turbulent world economy. In contrast, the inherent flexibility and low cost of cloud ERP systems makes them an ideal solution to complement an existing corporate ERP investment while enabling the kind of dynamic business process change that is standard operating procedure for today’s complex and global enterprise.

Mr. Wang will be joined by Michael Lockwood, IT Systems Leader for Olympus, Darren Cunningham, Vice President, Informatica Cloud, and the event will be hosted by Paul Turner, Senior Director of Product Marketing at NetSuite.

During this one-hour webinar, attendees will:

• Learn when cloud ERP is a fit to extend into the corporate enterprise applications strategy.
• Hear proven deployment strategies such as two-tier and hub-and-spoke models.
• Get best practices for integration, roll-out, and successful adoption.
• Hear real-world, best-practices case studies.
• Find out how to integrate cloud solutions with existing systems at headquarters.

“Cloud ERP is the perfect fit for large and growing companies, and makes for an ideal enterprise investment,” said Paul Turner, Senior Director, Product Marketing at NetSuite. “The webinar will clearly demonstrate how organizations can standardize on the cloud and retain the power and value of their existing systems, at a fraction of the implementation time of a wholesale IT overhaul, and with a much higher degree of success.”

Follow NetSuite’s Cloud blog, NetSuite’s Facebook page and @NetSuite Twitter handle for real-time updates.

For more information about NetSuite, please visit www.netsuite.com.

NOTE: NetSuite and the NetSuite logo and where business is going are service marks of NetSuite Inc.

Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements relating to expectations, plans, and prospects including expectations relating to the future growth of the cloud computing market. These forward-looking statements are based upon the current expectations and beliefs of NetSuite’s management as of the date of this release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements including, without limitation, the risk of continued adverse and unpredictable macro-economic conditions or reduced investments in on-demand applications and information technology spending. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and NetSuite disclaims any obligation to update these forward-looking statements.