NetSuite IPO: Worth Watching
Managed service providers should keep a close eye on NetSuite this month. The hosted accounting software provider is launching its initial public offering on our about December 20. NetSuite’s performance on Wall Street could provide some clues about the evolving software-as-a-service landscape.
For MSPs, NetSuite provides the opportunity to diversify beyond network- and administration-level managed services. Several dozen VARs are successfully developing micro vertical market applications that extend NetSuite’s online applications.
We’ll be sure to share more perspective as soon as the IPO is official.