NetSuite

NetSuite Inc.
Company typeSubsidiary of Oracle Corporation
IndustryComputer software
Enterprise software
Accounting software
Business software
Cloud computing
Enterprise resource planning
Founded1998 (1998)
California, United States
FounderEvan Goldberg
Headquarters,
U.S.[1][2]
Key people
ProductsERP software
Accounting software
Inventory management software
Financial software
Order management system
ServicesCloud-based business management platform
Applications
Software as a Service
Websitewww.netsuite.com

NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including accounting and financial management, customer relationship management (CRM), inventory management, human capital management, payroll, procurement, project management and e-commerce software.[4][5] NetSuite was founded in 1998 with headquarters in Austin, Texas.[6] The company is widely seen as the first cloud computing software company, with its founding pre-dating that of Salesforce by about a month.[7][8]

Oracle Corporation acquired NetSuite for approximately US$9.3 billion in November 2016. The Oracle NetSuite Global Business Unit[9] is managed by Executive Vice President Evan Goldberg as "Oracle’s Cloud ERP for Small and Mid-sized Enterprises with the ability to scale to Fortune 500 firms".[10]

  1. ^ Grant, Nico; Deveau, Scott (December 11, 2020). "Oracle Moves Headquarters to Texas, Joining Valley Exodus". Bloomberg.com. Retrieved September 30, 2021.
  2. ^ Bursztynsky, Jessica (December 11, 2020). "Oracle is moving its headquarters from Silicon Valley to Austin, Texas". CNBC. Retrieved September 30, 2021.
  3. ^ Goldberg, Evan (January 29, 2021). "Amid a pandemic and a historic racial reckoning, a tech leader confronts the limits of empathy". Fast Company. Retrieved September 30, 2021.
  4. ^ Hardy, Quentin (May 13, 2014). "NetSuite: Enterprise Software Still Follows a Manufacturing Model". The New York Times. Retrieved October 30, 2015.
  5. ^ Hardy, Quentin (May 15, 2012). "NetSuite Moves to 'Commerce as a Service'". The New York Times. Retrieved October 30, 2015.
  6. ^ Bursztynsky, Jessica (December 11, 2020). "Oracle is moving its headquarters from Silicon Valley to Austin, Texas". CNBC. Retrieved September 30, 2021.
  7. ^ Evans, Bob (August 27, 2021). "How Evan Goldberg and Larry Ellison Made Magic—Twice—with NetSuite and Oracle". Retrieved September 30, 2021.
  8. ^ Tuchman, Robert (January 26, 2021). "How Success Happened for Evan Goldberg of Oracle NetSuite". Entrepreneur. Retrieved September 30, 2021.
  9. ^ "Evan Goldberg, Executive Vice President of Oracle NetSuite Global Business Unit, Episode 91". The WOW Factor Podcast. Retrieved September 30, 2021.
  10. ^ "The new, new NetSuite – it's all about your growth at SuiteConnect". Diginomica. October 18, 2018.

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