IDC rewards cloud excellence

NetSuite became the only Software-as–a-Service (SaaS) business vendor to receive IDC’s SMB Excellence Award yesterday.IDC made its selections based on suitability to the needs of SMB companies, milestone accomplishment, and competitive disruption caused by the company’s innovative on-demand technology for on-premise, legacy vendors such as Microsoft and SAP.Michael Fauscette, IDC Group Vice President, Software Business Solutions, says the award is based on work that has made NetSuite a household name.“NetSuite continues to be a tremendous ally of the SMB market, providing top-shelf functionality to business owners with a modern business model, which avoids the upfront costs that made it difficult for SMBs to implement traditional on-premise ERP systems.”Fauscette says that NetSuite’s innovative cloud computing-based ERP has paved the way for thousands of small and medium sized companies to transform their operations while minimising infrastructure investments.