Anaplan Joins NetSuite SuiteCloud Development Network Program

SAN JOSE, Calif., May 19, 2016 /PRNewswire/ -- NETSUITE SUITEWORLD -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Anaplan, the Smart Business Platform™, has joined the NetSuite SuiteCloud Development Network Program. Anaplan plans to build integrations from its cloud-based modeling software to NetSuite's cloud ERP, providing enterprise customers with comprehensive performance management and planning capabilities.

Under the partnership, enterprise customers can utilize Anaplan's Hyberblock™ in-memory technology to model data across finance, sales, supply chain, HR, marketing and IT. Joint partners who have built applications on Anaplan's platform and the SuiteCloud development platform also will be able to integrate those applications for better analysis and planning performance.

"Bringing Anaplan's sophisticated data modeling and planning environment together in the cloud with NetSuite's unified business management suite can provide our enterprise customers with a comprehensive business planning solution," said Guido Haarmans, SVP of Business Development for Technology Partners. "We expect companies to be able to better plan business operations with the combined strength of two cloud leaders."

"NetSuite's base of diverse, innovative, global customers with complex planning needs is a perfect fit for the Anaplan Smart Business Platform™," said Paul Melchiorre, Chief Revenue Officer at Anaplan. "Ultimately, we are enabling advanced decision-making capabilities across an entire business."

This announcement gives joint customers the potential to realize substantial increases in business operational efficiency and adapt to market changes. The integration of Anaplan's business modeling and planning platform with NetSuite's comprehensive business management platform can offer significant benefits including:

• Powerful planning and modeling capabilities across multiple departments, including finance, HR, sales and service.
• The combined strengths of NetSuite's SuiteCloud Developer Network and Anaplan's App Hub, enabling partners to build out industry- and business-specific planning applications.
• Cloud-based integration that eliminates the expense, time and disruption associated with on-premise upgrades.

"Customers seek the ability to bring their operational systems together with their planning systems in order to apply performance data that drives better decision-making," said Doug Henschen, technology analyst at Constellation Research. "By connecting the data, companies gain the ability to develop deeper insights into critical business metrics."

James Budge, CFO of Anaplan joined NetSuite's Evan Goldberg, Co-Founder, CTO and Chairman of the Board, to announce the partnership today at SuiteWorld 2016, the #1 Cloud ERP conference, being held May 16-18 in San Jose, Calif.

About Anaplan
Anaplan is the Smart Business Platform™ that democratizes advanced decision-making power across an entire business. Anaplan delivers an unrivaled planning and modeling engine, collaboration in the cloud, and a simple interface for business users. Acknowledged globally as an innovator and technology leader, Anaplan is a privately held company headquartered in San Francisco, CA, with offices in 15 countries. To learn more, visit anaplan.com. Follow us on Twitter:@anaplan

About SuiteCloud
NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit www.netsuite.com/developers.

Today, more than 30,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of cloud-based financials/enterprise resource planning (ERP) and omnichannel commerce software applications for businesses of all sizes. Many FORTUNE 100 companies rely on NetSuite to accelerate innovation and business transformation. NetSuite continues its success in delivering the best cloud business management software to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.

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

NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc. Third-party trademarks mentioned are the property of their respective owners.

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SOURCE NetSuite Inc.

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