NetSuite Strengthens its Footprint in the Asian Market with New Partnerships

SINGAPORE, Feb. 18, 2014 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Lava Protocols (Malaysia), CloudMate (Thailand) and Introv (Hong Kong), have joined the NetSuite Solution Provider Program to meet increasing demand for cloud solutions across Asia. They join a growing number of technology leaders in the region that are adding NetSuite's cloud business management solutions to their product offerings to enable Asian businesses to run their core business processes in the cloud, including ERP, CRM, ecommerce, professional services automation (PSA) and more. These partners provide NetSuite's expanding customer base with local specialist support, advice and implementation services to optimise its leading solutions throughout the region.

"As the market for cloud solutions continues to grow rapidly across Asia, we are constantly looking for new partners that offer extensive industry and vertical expertise," said Mark Troselj, NetSuite's managing director for APAC and Japan. "Our new partnerships can enrich and extend our suite of cloud-based business management software solutions in the region. This enables businesses of all sizes to reap the benefits that the cloud delivers, such as advanced functionality, reduced operational IT costs and risks, rapid deployment, speed and the agility to launch new business operations and subsidiaries quickly. It also means that time to market is significantly faster than on-premise software solutions."

Launched in 2002, the NetSuite Solution Provider Program is the industry's first cloud channel partner program and brings industry leading margins and incentives to hundreds of channel partners. Designed to help solution providers transform their business model to fully capitalise on the revenue growth opportunity of the NetSuite cloud, the NetSuite Solution Provider Program delivers unprecedented services that begin during recruitment and range from business planning, sales, marketing and PS enablement, to training and education. For more information about the program, visit www.netsuite.com/AsiaPartners.

The new partners that have joined the NetSuite Solution Provider Program include:

Introv Limited (http://www.introv.com/)
Introv is a leading cloud consulting agency founded in Hong Kong in 2008, aiming to provide its customers with rapid time-to-value. With offices in Hong Kong, Beijing, Guangzhou and Shanghai, Introv is a Salesforce.com provider and has strong expertise in ecommerce, providing integration services for companies like the Chinese online shopping website, TaoBao Marketplace. Introv has partnered with NetSuite to deliver its full suite of business management solutions to organisations in Hong Kong and China, focusing mainly on ecommerce and ERP. Introv has won 10 key customer deals since partnering with NetSuite in June, including NOVA Business Services in Hong Kong, which migrated from MYOB and Microsoft Dynamics CRM to NetSuite for ERP and finance.

"Interest in cloud computing is rapidly growing throughout both Hong Kong and China, so it made sense for us to partner with NetSuite to increase our market leadership here," said Jackie Wong, director of Introv Limited. "NetSuite has a unique software offering designed specifically for the cloud, with all of the features and benefits optimised to operate in a real-time, web-based environment. Combined with our local expertise and cloud experience, we can now help our customers attain a higher level of efficiency and effectiveness through implementing NetSuite's comprehensive core platform for business management."

CloudMate (www.cloudmate.co.th)
CloudMate is an IT consulting firm based in Bangkok that specialises in cloud computing and has more than 10 years' experience in ERP. CloudMate can deliver NetSuite's full suite of cloud-based business management software solutions to businesses in Thailand, with a focus on the mid-market. With Thailand set to join the ASEAN Economic Community (AEC) in 2015, CloudMate partnered with NetSuite to provide much needed support for fast growing enterprises in Thailand to strengthen their competitive advantages before ASEAN becomes an integrated economic region.

"Our mission is to help Thai businesses grow sustainably by implementing world-class IT solutions in a cost-effective manner to enhance their competitive advantage," said Cholapatr Bhuripanyo, managing partner of CloudMate. "By combining our market knowledge with NetSuite's leading cloud-based business management software suite, we now have a compelling business solution for customers seeking purpose-built cloud-based ERP solutions."

Lava Protocols (http://lavaprotocols.com/)
Founded in 2007, Lava Protocols provides integrated consulting solutions and services that support businesses in Malaysia to reduce costs and achieve a competitive edge using cloud technology and applications. It has a proven track record of implementing, extending and connecting cloud applications and platforms for a broad range of industries, such as telecommunications, healthcare, utilities, aeronautical, education and government. It is the largest Salesforce.com partner in Malaysia and is also a partner of Google Apps. Lava Protocols can deliver NetSuite's full suite of cloud-based business management software solutions, particularly to the wholesale distribution and services sectors.

"As cloud computing continues to skyrocket throughout Malaysia, it is important that businesses have the right tools to take advantage of this rapid growth," said Gopi Ganesalingam, group managing director at Lava Protocols Sdn Bhd. "NetSuite's leading business management solutions, coupled with our strong cloud expertise, can really help businesses to find new levels of efficiency and growth in Malaysia, as well as beyond our borders."

Today, more than 20,000 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 enterprise-class cloud ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations, as demonstrated by a recent Gartner study naming NetSuite as the fastest growing top 10 financial management systems vendor in the world. NetSuite continues its success in delivering the best cloud ERP/financial suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.

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

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SOURCE NetSuite Inc.