NetSuite Named Fastest Growing FMS Vendor by Gartner, Inc.

In a recently published press release, NetSuite announced that it is has been named the fastest growing financial management software vendor globally in 2012, according to the latest research on Financial Management Software (FMS) from Gartner, Inc.  NetSuite has been named the fastest growing financial management software vendor in North America for the last four years and in 2012, became the fastest growing vendor on a global basis, according to the leading industry analyst firm.

Some points about NetSuite included in Gartner’s report:

• NetSuite's 2012 global growth rate of 49 percent was entirely organic, significantly outperforming its closest competitors', some of whom relied on acquisitions to gain customers.
• NetSuite is the only pure cloud company among the Top 15 global FMS vendors.
• NetSuite's growth rate was more than four times the growth rates of legacy competitors combined.
• NetSuite's growth continues to build upon prior successes as its overall share of the global FMS market jumped to number 12.
• In the mature APAC market, which Gartner defines as Australia, Singapore, New Zealand and Japan, NetSuite has been the fastest growing FMS vendor in the top 10 for the last three years and ranks tenth in market share in the region.
• NetSuite was the fastest growing FMS vendor in the UK, ranking ninth in market share where it is the only pure cloud FMS vendor.

Zach Nelson, CEO of NetSuite stated, “The migration to cloud ERP is in full force, not just in North America, but everywhere as NetSuite's growth and market share numbers clearly demonstrate. Thousands of businesses have seen the benefits of moving to NetSuite's agile, scalable comprehensive suite software that is easy to use and deploy. Across the world, companies are realizing they no longer need to be held back by the antiquated on-premise software of another age and NetSuite is leading them forward."

If you are considering a cloud based financial management solution for your organization, The Vested Group is the perfect partner in helping you make the transition.  We are one of the premiere NetSuite consulting and implementation firms in the Dallas, Texas area, serving clients all over the United States.  Our consulting team has expertise and experience in several industries including Manufacturing, Distribution, and Business Services.  Contact us today so we can answer all of your questions about cloud computing and set up a demo of NetSuite so you can see why NetSuite is the fastest growing financial management software in the world.