The Cloud Industry Forum (CIF), the industry body whose aim is to raise standards and improve transparency in the cloud sector, has announced that NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials /ERP and omnichannel commerce software suites, has become its latest member. In joining the CIF, NetSuite plans to help educate and inform end-users on cloud best practices and industry trends in the UK and the EMEA region.
Pete Daffern, President of EMEA and EVP of Verticals at NetSuite, commented: “We’re pleased to announce that NetSuite has become a member of The Cloud Industry Forum. As one of the premier voices of the cloud computing industry in the UK, CIF works hard to improve end-user understanding of the cloud and raise standards in the industry. As such, it’s an organisation that we are very pleased to be associated with. At NetSuite we look forward to working closely with CIF and its members, towards a shared goal of building a trusted, transparent and fully sustainable industry.”
Alex Hilton, CEO of CIF, commented: “The UK cloud market grows year-on-year, with the overall cloud adoption rate currently standing at 69 per cent. But concerns about cloud services remain, namely relating to data privacy and security, and it’s important that the industry works together to inspire trust in cloud services and address these concerns. NetSuite’s obvious commitment to its customers, professionalism and services make them a prime candidate for CIF membership, and we would like to take this opportunity to welcome them on board.”
Today, more than 20,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.
