Two on-demand business software firms reported accelerating adoption of their suites today.
NetSuite reported second-quarter 2008 revenue of $36.6 million, up 43 percent from the same period in 2007. Net loss per GAAP was down to $3.1 million in the quarter, compared with $9.6 million in Q2 2007.
The company also announced new midmarket and enterprise customers for its ERP and CRM suites, which are delivered as Web applications. Surgical robotics company Intuitive Surgical adopted NetSuite CRM; Nestle UK used services from NetSuite to launch an online store; and sports market firm Wasserman Media Group adopted NetSuite … Read more