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NetSuite's Zach Nelson breaks out the quarterly vitriol
Our sister site BusinessCloud9.com's report on NetSuite's Q2 results includes the now-traditional swipe from CEO Zach Nelson at SAP's efforts to launch its Cloud ERP suite.
Nelson quipped that Business ByDesign had “perhaps the most stealth launch” in SAP's history. “They've made some weak announcements around Business ByDesign in so far as how to position a Cloud-based offering against the pre-Web offering that makes up the lion's share of the firm's business,” he said.
“They have been very vocal in scaling back expectations around BBD. One of their co-CEOs said that it will be some time before BBD will contribute significantly to revenues which is very different to what was said before. They're also cutting back on investment. Industry reports suggest a halving of development staff on the project, which is hardly the actions of a company that's supposed to be all into the Cloud.
“You know, if you're serious about a product launch, you don't do it in the dead of summer, in August. This is really BBD version 0.75. Even if they eventually do release a product that they think is sellable, it will still be a version one product in a market that we have been addressing for more than a decade. Beyond the product features, there's the question of the business model features. Maybe one day they'll figure out the product feature details, but then the biggeer issue is the business model which is very different.”