The rapid growth of NetSuite over the last few years has positioned this vendor as an attractive alternative for small and mid-sized companies looking for an ERP, CRM, or e-commerce solution. IT managers in the process of making a software selection decision in these areas should add this Software-as-a-Service (SaaS) vendor to the vendor shortlist.

NetSuite: A Solid SaaS Performer

With more than 7,500 customers and over 70,000 subscribers, NetSuite is the second largest pure-play SaaS vendor (after Salesforce.com) in the enterprise applications market. NetSuite has several years of solid performance and plans to go public in 2007. Its revenues grew from $4 million in 2002 to $45 million in 2005. Internal sources at NetSuite have indicated that the company has passed the breakeven point and has been achieving positive cash flow since February 2004.

NetSuite focuses only in the small and mid-sized enterprise (SME) market...