It was great to see so many of you at SuiteWorld, thanks for taking the time to come by and say hello! For those that don’t know, SuiteWorld is NetSuite’s annual user and partner conference –held last week in San Francisco. All of us at Bi101 enjoyed meeting with the NetSuite management team, our clients and numerous prospects over the 4-day conference, it was a genuinely rewarding experience. It also confirmed two important drivers of Bi101’s continued success: the first is that cloud-based solutions have gone mainstream, this superior delivery model is here to stay; second, we made a great decision when we chose to embrace NetSuite as our platform partner – as a result, we are a preferred partner to the leading cloud platform company in the market.

Our support of NetSuite is based in part on the fact that they have committed to investing over $50 million in research and development (R&D) this year to ensure that the NetSuite applications remain the most feature-rich and flexible solutions in the market. Further, under pinning these market-leading applications is a core technology layer that is second to none. What many customers don’t even realize is that Oracle provides most of the core technology (i.e. database, application servers, etc) upon which NetSuite runs – this offers the Small-to-Medium sized business market (SMB) the IT performance on par with the largest corporations in the world, yet with the flexibility demanded by SMB managers and their need to be more agile to capitalize on changing market requirements.

A compelling example, Groupon – the social coupon company – was highlighted as a perfect example of how NetSuite’s applications, coupled with a solution partner for training and support, has allowed them to expand into five international markets in just six weeks. Billed as one of the fasted growing companies, Groupon plans to be in 26 international markets within the next three months using NetSuite OneWorld. OneWorld addresses the complex multi-national needs of global enterprises and can readily enable businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and roll-up. Now you might not have the international aspirations of Groupon, but it’s good to know that the infrastructure that is enabling their rapid growth and expansion can also be deployed to help your business reach its next level. Need help with NetSuite? We’d be happy to discuss how our deployment and training can accelerate the adoption of NetSuite and ensure that your solution is rolled out and supported properly.

We learned a lot this year at SuiteWorld 2011 and look forward to helping you implement your NetSuite needs in the coming months. If you don’t have plans to attend next year already, we’d encourage you to do so – we’ve found that it’s a great place to learn best practices and network with companies that have similar experiences. We’d love to see you all at next year’s event – mark your calendar for SuiteWorld 2012 in San Francisco on May 13 – 17th.

Scott