NetSuite Tops the IDC ERP List
IDC Marks NetSuite as the Best of the Mid-Market ERP Systems
If you aren’t familiar, the IDC is the International Data Corporation and they are a “provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets”. So it is a big deal when this organization ranks you at the top of one of their lists. Recently NetSuite was named as one of the best ERP systems of our day by the IDC and that’s a big deal. Here are a couple of key quotes you won’t want to miss from the report.
“Digitally transformed businesses have a repeatable set of practices and disciplines used to leverage new business.”
“Before making purchasing decisions on SaaS and cloud-enabled midmarket ERP software, businesses should consider:
- With levels of experience successfully implementing midmarket ERP solutions, does the vendor have experience with my type of product, service, and company size?
- With levels of experience successfully implementing midmarket ERP solutions, does the vendor have experience with my type of product, service, and company size?
- Is the vendor knowledgeable about midmarket ERP requirements as they affect my company?
- Does the vendor understand the regulations that will impact my business? How are these regulations reflected in my current product, and how will it change in the future?
- What levels of support are available, and are they geographically available for my business?
- What are my internal support resources and capabilities?
- Should I hire a third party to plan and assist with the implementation of the solution?
- Is the vendor financially able to provide needed support? Can it support needed investment in the development of future midmarket ERP software requirements?
- Is the vendor committed to this market in the long term?
- Is the ROI achievable? Does the vendor have a track record of meeting the ROI requirements?
- Can the vendor or partners support my foreign operations?
- Can the vendor integrate with my company’s other IT systems and those of my partners?
- Is the product available anywhere and anytime?
- Is the product updated frequently enough for my business needs?
- What new innovations is the vendor considering? How and when will it impact my business?
- What is the vendor’s strategic investment outlook for the next three to five years? Why?
- Will the vendor be a partner, helping my business grow now and in the long term?”
“NetSuite holds an edge over its competitors as all ERP modules run on a single database and single code base. This is an attribute that few other vendors in the ERP market are currently providing in the cloud. This attribute provides quicker access to data relative to other solutions and easier and relatively seamless updates.”
Meridian can help you get ahead of the game, contact us if you have any questions about how we can help you.
