Hello143

1 Comment

NetSuite: Not as Well Positioned as Larger Players [view article]
I completely agree with your analysis and add that there's a great deal of loose use of the ERP term in the industry, but none more so than by Netsuite. Like halo30k, I have been implementing ERP-type systems for most of my career, but Netsuite is not ERP. It could be described as enterprise accounting modules with sales force automation and website ecommerce, but that's not ERP. Also, having sold and implemented Netsuite for more than 4 years, they have reduced their potential market and removed themselves from the small to medium sized business in their pricing and complexity. Not that small companies are not complex, many are much more complex than larger companies, but they can't serve them either. The problem is getting a small business to justify $30K per year for a 4 user saas solution, when Intuit Quickbooks Online is $600 per year. Granted, there's a huge gap in functionality between these two products, but if I were to invest in a company, I would find one that provides that functionality for these small companies for $6k per year and you have a big winner. There's simply two many skilled and experienced vendors at the large enterprise level, such as SAP, Microsoft, Oracle, JDEdwards, etc., plus the competition from Salesforce, Seibel and others. I think the current stock is grossly overpriced and many will lose as it comes back down to the $12-16 level it should be sold. Dec 28 01:44 PM

Symbols:

Authors:

More Transcripts»

Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »

Employers: See all recruitment options, get applications online or by email Post a job »