NetSuite, the world’s leading provider of “real” cloud-based ERP solutions and the fastest growing vendor of Financial Management Systems in the past 3 years according to Gartner, announced on Tuesday during its Annual Media Presscon in Makati City the key developments of the company’s operation here in the Philippines.
First up is the new educational program called SuiteAcademy that is “designed to bring cloud-based business management solutions” to universities worldwide. With SuiteAcademy, professors would develop new curriculum integrated with NetSuite so students can learn NetSuite cloud solutions right in college classrooms, and finally prepping them as next generation of business leaders and professionals equipped “with stronger understanding of business operations and a clear understanding of the power of cloud computing”.
Currently, NetSuite has already partnered 16 universities worldwide to adopt NetSuite as key component to accounting degree curricula, 3 of which are from the Philippines namely: Mapua Institute of Technology, De La Salle University, and the University of San Carlos. The University of San Carlos is the first Cebu-based university to leverage and integrate NetSuite cloud computing to its curriculum; however, in an interview with Bernie Cadaing, Country Channel Manager of NetSuite, she said the company plans to engage additional schools for SuiteAcademy program in the future. To learn more about SuiteAcademy, head on to netsuite.com/suiteacademy.
NetSuite Newest Solution Providers in the Philippines
Also announced at the press briefing are the new solution providers who have joined NetSuite Solution Provider Program just recently. GlobalOne Solutions, a cloud solution provider, and Pan Pacific Computer Center, an IT solutions and services provider – will both bring NetSuite Cloud ERP to large enterprises in the country. GlobalOne Solutions aims to bring NetSuite to telecommunication and utilities industries while PPCC will focus in Wholesale and Distribution, Manufacturing, Retail, and Real Estate industries.
“GlobalOne’s deep cloud computing roots, and PPCC’s decades of IT experience make them ideally suited to become NetSuite business partners, and the current global business environment makes this a strategic time to combine our expertise in transforming the face of enterprise computing,” said James Dantow, Vice President of WorldWide Support Operations and General Manager of the Philippines for NetSuite.
To date, NetSuite has a total of 6 premier partners and solution providers in the Philippines.
Yuchengco, Guevent, and Island Rose Select NetSuite OneWorld PH
Back in 2010, NetSuite announced a fully localized version of NetSuite OneWorld called NetSuite OneWorld PH, a complete ERP system designed specifically for Philippine companies. NetSuite customers since then include ABS-CBN, Institute of Culinary Arts and Food Services, Antech Inc., Jollibee, and several others.
At the presscon, NetSuite announced that Yuchengco Group of Companies (YGC) has also adopted NetSuite OneWorld PH to manage 11 of its subsidiaries, replacing online software Microsoft Dynamics GP and hundreds of spreadsheets. These 11 subs include Pan Pacific Computer Center, a company under YGC’s House of Investments, Inc. that manages the implementation of NetSuite for YGC.
“Since House of Investments operations are growing, NetSuite OneWorld PH has tremendous benefits in terms of scalability and flexibility,” said Prudence Joy Laman, YGC – PPCC Project Manager. “We currently expect to be fully compliant with all financial reporting requirements by January 2012 thanks to NetSuite OneWorld PH.”
Other new customers of NetSuite OneWorld PH include Guevent Group of Companies and flower delivery service Island Rose. Prior switching to NetSuite, Guevent was running a costumed ERP to manage reporting while Island Rose was previously using QuickBooks, ShipWorks, Spreadsheets, and other systems.
NetSuite Philippines Gears to Become Biggest Software Firm in 2012
In 2007, NetSuite opened its first office in the Philippines and scaled up its operation growing its Makati City office to nearly 300 employees in 2009. Today, NetSuite Philippines employs over 400 employees, making it the largest location outside the US. It’s also recognized this year as the number 1 cloud software employer and ranked 3rd in overall software employer in the country. The company is on track to become the biggest software firm in the Philippines, targeting 700 employees comes 2012.