[NetSuite] NetSuite and Sunway E-Systems Partner to Bring First Cloud Computing


SAN MATEO, Calif. and PETALING JAYA, Malaysia, July 15/PRNewswire-FirstCall/ -- NetSuite Inc. ( NYSE: N),
the industry's leading provider of cloud-based enterprise resource planning (
ERP) / financial suites, today
announced a strategic partnership with Sunway E-Systems (SES), one of Southeast Asia's leading integrators
of technology-enabled business transformation and a subsidiary of the Sunway Group.
The partnership gives
SES the exclusive rights to distribute, resell, implement and support NetSuite's
cloud computing business
management suites in Malaysia.

According to a recent Gartner survey(*), emerging Asia Pacific markets are primed to adopt cloud computing
solutions. In the report Gartner writes, "In Malaysia, CRM and supply chain management (SCM) were the next
most popular applications for SaaS after ERP. In China, 50% of respondents indicated they had been using SaaS
for more than four years, while in Malaysia, this figure exceeded 76%." In addition, a recent research report from
Springboard Research indicates that Asia Pacific organisations will spend close to US $2.3 billion on cloud
computing solutions by 2012, a growth rate of 46%.

-PR Newswire-