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NETSUITE CHANNEL 35% OF NEW BIZ

Ron Gill, NetSuiteNetSuite's channel will produce about 35 percent of the company's new bookings for 2011. That was the figure given by CEO Ron Gill at this week’s Credit Suisse 2011 Technology Conference, continuing the story of the channel's increasing contribution. Last month, NetSuite CEO Zach Nelson said that channel revenue was up 50 percent over the prior year.

Channel revenue is growing slightly faster than direct sales income so that the channel income is increasing as a percentage of the total. Gill also said that recent relationships with players such Accenture and McGladrey are opening up bigger deals that NetSuite wouldn't have been in previously. When asked to discuss competing software vendors, Gill said that Great Plains (Dynamics GP) is the product that NetSuite sees most often in deals. That's a reversal of Nelson's statements over the last year that GP had disappeared as a competitor. Gill also said NetSuite often faces a combination of GP with Salesforce.com, not GP with its sister package, Dynamics CRM. Gill said that while NetSuite competes with SAP, it's more often with the on-premise SAP ERP or Business One instead of Business ByDesign.

 

 

 

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