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NetSuite expands its footprint in Asia

Nurdianah Md Nur | Feb. 12, 2015
It does so by expanding its regional executive leadership team, opening a larger Asia headquarters in Singapore, and adding regional channel partners.

NetSuite, a cloud-based financials/ ERP and omnichannel commerce software suites provider, today (12 February 2015) announced its initiatives to strengthen its presence in Asia.

Firstly, the company has expanded its regional executive leadership team by hiring Lee Thompson as its senior vice president and general manager for Asia Pacific and Japan. In this role, he will lead NetSuite's sales operations and be responsible for accelerating growth across the region by building a world-class sales organisation.

Thompson has more than 20 years of sales leadership experience and once worked for TechnologyOne, Oracle and, Borland, Airsoft, and Pilot Software. Before joining NetSuite, he was most recently the operating officer at TechnologyOne.

Secondly, NetSuite recently opened a new, larger Asia headquarters in Singapore. The facility will accommodate sales, professional services, and support employees, as well as host events for existing and prospective customers and partners, said NetSuite.

The new regional headquarters will be headed by Reginald Singh, vice president and general manager of NetSuite Asia. He was previously the global chief financial officer of Knowledge Universe, a worldwide global education company, where he was responsible for all financial, administrative and risk management operations of the organisation. While at Knowledge Universe, Singh oversaw the successful deployment of NetSuite OneWorld, which enabled the organisation to reduce ongoing systems cost by 70 percent.

Finally, NetSuite aims to work in closer collaboration with its channel partners in Asia to combine strong skill sets in cloud computing, end-to-end business processes, local, regional, global and industry knowledge. The company is thus planning to add partners while continuing to invest in existing partners to better meet the growing demanding for its cloud-based solutions across the region. Recently added partners include Bangkok-based TurnOn TechAsia and Singapore-based Consulting Research Services.

"Continuing to build out a robust channel ecosystem across Asia is vital to ensure the success of our customers, our partners and ourselves," said Singh. "When NetSuite and its partners collaborate, we can provide our customers with a wealth of expertise and best practices whatever industry or industries they serve or countries or regions they operate their businesses in."

Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP, CRM and omnichannel suites for mid-sized organisations, large enterprises and divisions of large enterprises seeking to upgrade their antiquated client/server ERP and other systems. Today, approximately 24,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud.


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