NetSuite on Thursday unveiled its SuiteCloud Ecosystem, expanding its on-demand enterprise software service to include cloud computing.
The company, which hosts enterprise software on demand, is branching out to allow customers the ability to push their core operations into the clouds.
As part of its SuiteCloud Ecosystem, NetSuite is launching a developer program, SuiteCloud Developer Network, and an online cloud-computing application marketplace, SuiteApp.com.
The SuiteCloud platform will be built on core NetSuite enterprise resource management (ERP) software, as well as its customer relationship management (CRM) and e-commerce offerings.
NetSuite is delving into cloud computing at a time when this relatively new industry is coming to grips with its own definition and purpose.
Business management on-demand software provider NetSuite on Tuesday reported that its fourth-quarter revenue rose 30 percent from a year ago and its net loss shrank.
Excluding stock-related and other expenses, the company would have posted a profit of 1 cent per share for the quarter--its first profitable quarter on that basis, the San Mateo, Calif.-based company said in a statement.
Analysts had estimated that the company would post a loss of 1 cent per share, excluding items, according to Reuters Estimates. Total revenue for the fourth quarter was $41.4 million and the net loss was 7 cents per share, an improvement over the 22 cents per share loss a year earlier.
For the full year 2008, total revenue was $152.5 million, up 40 percent from 2007 and the net loss was 26 cents per share, excluding items, compared to a loss of $2.45 a share the previous year. Including items, the net loss for the full year was 4 cents a share, down from 10 cents a share in 2007.
Google Chrome will work with NetSuite's online accounting and customer-relations software, the company said Friday.
Elements of the company's online tools, including editing text and drag-and-drop operations, benefit from Chrome's fast JavaScript, NetSuite said. However, Google's assertions of compatibility with Apple Safari notwithstanding, NetSuite said it will gradually extend support to its customers, finishing by mid-October.
The company boasted it's the first online business application to support Chrome, just as it was the first with native support for the iPhone's version of Safari and the new Firefox 3.0.
But that sort of support seems more like a reasonably clever attempt to capitalize on the Chrome buzz than anything customers truly are clamoring for.
After all, NetSuite is geared toward businesses that typically are the kinds of conservative and technologically unadventurous customers who aren't first in line to try the latest beta version of a Web browser. One of the reasons Microsoft won't frog-march us all to Internet Explorer 7, much less IE 8, is that many businesses have set up operations using IE 6, even though it was introduced in 2001.
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