SAN MATEO, Calif., April 26, 2016 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that CRN®, a brand of The Channel Company, has given NetSuite, the #1 cloud ERP, a 5-Star rating in its 2016 Partner Program Guide for the sixth consecutive year. This annual guide is the definitive listing of technology vendors that service solution providers or provide products through the IT channel. The 5-Star Partner Program Guide rating recognizes an elite subset of companies that offer solution providers the best partnering elements in their channel programs.
Launched in 2002, the NetSuite Solution Provider Program is the industry's leading cloud channel partner program, providing hundreds of channel partners with a cloud solution to offer prospective customers and grow their businesses as well as industry-leading margins and incentive programs. With cloud computing at the forefront of the hottest trends and cloud ERP leading the way, channel partners representing on-premise products are continuing to build new practices based on NetSuite's superior cloud business management suite. Designed to help solution providers transform their business model to fully capitalize on the revenue growth opportunity of the NetSuite cloud, the NetSuite Solution Provider Program delivers unprecedented benefits that begin during recruitment and range from business planning, sales, marketing and professional services enablement, to training and education. For more information about the NetSuite Solution Provider Program, please visit www.netsuite.com/portal/partners/solution-program.shtml.
To determine the 2016 5-Star ratings, The Channel Company's research team assessed each vendor's application based on investments in program offerings, partner profitability, partner training, education and support, marketing programs and resources, sales support and communication.
"Solution providers have more choices than ever before when it comes to selecting vendor partners. Identifying the right vendor with the right technologies and the right channel approach can mean the difference between successful adoption of a new technology or business model and an awkward, unnecessarily difficult integration," said Robert Faletra, CEO, The Channel Company. "Our annual Partner Program Guide and 5-Star ratings recognize the best channel programs available in the market today and serve as a valuable resource for solution providers looking for the right fit."
"NetSuite is committed to fully enabling the channel, and receiving a 5-star rating from CRN for the sixth consecutive year solidifies that we are offering the programs and support our partners need to be successful," said Craig West, Senior Vice President of Channel Sales at NetSuite. "More and more solution providers have chosen to partner with NetSuite, the #1 cloud ERP, leaving behind legacy systems and immature cloud solutions that cannot offer the breadth and depth of functionality fast growing companies need."
The 2016 Partner Program Guide will be featured in the April issue of CRN and online at www.CRN.com/ppg2016.
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.
About the Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com.
For more information about NetSuite please visit www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc.
CRN is a registered trademark of The Channel Company, LLC. The Channel Company logo is a trademark of The Channel Company, LLC (registration pending). All rights reserved.
SOURCE NetSuite Inc.