According to NetSuite CEO Zach Nelson, sales of the products are showing an upward trend.
Nelson said that a few years ago, almost 80% customers were moving towards NetSuite from QuickBooks, which is a well liked accounting product for the smaller organisations.
He said that now the same percentage of customers is shifting from Microsoft's Great Plains, a product that caters to larger organisations. Nelson describes this moving trend as `stone age hair ball'.
Nelson says, "NetSuite was moving up the chain. In most cases, we're replacing something. The profile of customer is changing rapidly in terms of what we're replacing".
Nelson said that the customer size has increased across the world, including Australia and Asia-Pacific.
Yesterday, NetSuite announced that its total customers in Australia and New Zealand have reached 600. The Company also announced that Mark Troselj will be the new Head of its Asia-Pacific branch.
Troselj has earlier worked in big Companies like Dell, Sun Microsystems, SAP, and Telstra.
Nelson indicated that for Asia-Pacific region, there will certainly be a datacenter, but didn't disclose the place.
The latest version of OneWorld has also been revealed by NetSuite. Through OneWorld, it will be possible to run a global Company, said Nelson.
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