The Institute of Chartered Accountants in England and Wales (ICAEW) has flubbed its understanding of cloud - big time. In a report entitled: The Business Case for Cloud (restricted distribution), author Chris Tiernan, managing partner of Grosvenor Consultancy Services makes a number of assertions that are perplexing at many levels.
At wireless technology giant Qualcomm, insiders are said to refer to NetSuite's cloud ERP system as 'the rapid platform', in contrast to the 'legacy platform' from Oracle that runs its core systems. Already deployed in peripheral business units, a larger role for NetSuite may now be on the cards.
This morning's keynote was all about demos. That's great for prospective customers but there needs to be more. In this keynote, Evan Goldberg, CTO NetSuite showed us a slew of enhancements including work on the user interface, multi-book accounting and a natty wine distribution application developed by a partner.