NetSuite

Another Sunny Day for Cloud Company NetSuite

Arik Hesseldahl in News on February 2 at 2:50 pm PT

Cloud software player Netsuite’s earnings beat the Street, and its shares are surging.

After SAP-SuccessFactors Deal, the Cloud Is a Different Place

Arik Hesseldahl in News on December 5, 2011 at 5:29 am PT

Mainstream enterprise software companies like SAP and Oracle have finally acknowledged that the shift to the cloud is real.

SAP to Acquire SuccessFactors for $3.4 Billion

Arik Hesseldahl in Enterprise on December 3, 2011 at 10:38 am PT

Having promised to get serious about cloud-based applications, software giant SAP has just acquired one of the more successful up-and-coming cloud companies out there.

Yammer Now Works With Box.net and Five Other Cloud Services

Arik Hesseldahl in News on November 9, 2011 at 5:48 am PT

The quiet but fast-growing social enterprise software player adds six cloud services to its activity streams, but more importantly turns on a new activity stream feature.

NetSuite Sales Surge, Making for a Good Day in the Cloud

Arik Hesseldahl in News on November 3, 2011 at 2:43 pm PT

After reporting record-setting quarterly results, NetSuite CEO Zach Nelson talks about the the state of the cloud business and what he likes about competing with SAP.

Say, When Did Apple Become an Enterprise Company?

Arik Hesseldahl in News on October 19, 2011 at 6:45 am PT

When Tim Cook rattles off a list of iPhone- and iPad-using companies, it says a lot about how far Apple has come without having a formal enterprise strategy.

What’s Behind the Marc Benioff-Larry Ellison Feud?

Arik Hesseldahl in News on October 5, 2011 at 11:54 am PT

The long-simmering feud between the CEOs of Salesforce.com and Oracle is about fundamentally different views on cloud computing technology. But it’s also more than a little bit personal.

Seven Questions for NetSuite CEO Zach Nelson

Arik Hesseldahl in Enterprise on May 23, 2011 at 5:35 am PT

Having pushed the rock of cloud computing uphill for more than a decade, things are suddenly turning NetSuite’s way, and the moment is sweet. Make that “suite.”

News Byte

NetSuite Shares Fall as Loss Shrinks Only Slightly

Arik Hesseldahl in Enterprise on February 3, 2011 at 2:17 pm PT

NetSuite, the cloud-based enterprise resource planning outfit, reported a quarterly loss of $6.4 million, or 10 cents a share, today, fractionally better than its loss in the same period a year ago, even though sales rose 21 percent to $52 million. Excluding one-time items, the company earned four cents a share, about what analysts expected. Shares fell more than six percent in after-hours trading.

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