Rivals Demandware (DWRE -6.1%) and NetSuite (N +2.6%) head in opposite directions following NetSuite's Q4 report. NetSuite mentioned on its earnings call its SuiteCommerce platform saw a 50% ASP increase and now runs over 3K sites. CFO Ronald Gill also dismissed offerings such as Demandware's as "low-functionality point products," and argued Demandware lacks the integrated back-end capabilities of SuiteCommerce. Demandware also sold off following NetSuite's Q3 report.
Rivals Demandware (DWRE -6.1%) and NetSuite (N +2.6%) head in opposite directions following...
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