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Our partner NetSuite has been named a Leader in Gartner Magic Quadrant for Cloud Core FMS for Midsize, Large and Global Enterprises report 2018, with the following highlights:
- NetSuite is one of only three solutions listed in the Leaders quadrant.
- NetSuite is the only Leader that serves businesses of all sizes across all major regions.
- NetSuite has more customers using cloud financials than any other solution in the quadrant.
Born in cloud in 1998, NetSuite thrives in the market as a pioneer and a cloud leader. It is now used by more than 40,000 organisations and subsidiaries in 199 countries. To ensure its customers always stay ahead, NetSuite introduced more than 20 major enhancements to its core application recently.
Introv has been partnering with NetSuite for years, helping companies of different sizes and industries transform and grow their businesses with agility and scalability. With our help customising and implementing the NetSuite Cloud ERP solution, customers are able to optimise financial management and operational efficiency, synchronising ordering, purchasing, invoicing, and reporting in real time and providing accurate and one single source of data for all divisions. Read more on our customers’ success stories: Blue Box, Forever Couple, Hong Kong Express and more.
Looking at the future, Gartner predicts that the demand for cloud FMS solutions will continue to grow: “By 2020, nearly 60 percent of large enterprises with systems up for replacement will switch from traditional on-premises licenses to SaaS or subscription licenses” and “by 2025, demand for financial management application deployments delivered as cloud services will equate to over 65 percent of total spending in the financials market.”
Read the full Gartner Magic Quadrant for Cloud Core FMS for Midsize, Large and Global Enterprises report.
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Image source: Gartner Magic Quadrant for Cloud Core FMS for Midsize, Large and Global Enterprises report, Anderson, Robert, Guay, Mike, and Van Decker, John, 5/29/18.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
