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on-demand enterprise applications

NetSuite floats out SuiteCloud

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 … Read more

Ellison's NetSuite raises IPO price range again

NetSuite's IPO auction has apparently attracted strong interest from investors, as the company prepares to set the final IPO price after market close Wednesday.

The on-demand enterprise applications company, backed by Oracle's Larry Ellison, has raised its pricing range by 46 percent from its initial pricing range of $13 to $16 a share that was announced on December 5.

The range was raised Tuesday to $16 to $19 per share. And it was raised a second time Wednesday to $19 to $22 a share, according to a Securities and Exchange Commission filing.

NetSuite could begin trading as early … Read more