SVP, Corporate Communications

NetSuite announces NetSuite SuiteAcademy program milestone, reaching 25,000 students worldwide

New Features and Benefits Added to Program to Fuel Global Growth

SAN MATEO, Calif.—October 27, 2014—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced the NetSuite SuiteAcademy Program, designed to train the business and IT leaders of tomorrow on NetSuite's cloud business management platform via educational partnerships with leading universities and colleges worldwide, has reached more than 25,000 students across the U.S., Canada, the Philippines, Spain and Germany since the program's inception in 2011. In addition, NetSuite today also unveiled a host of new program offerings to better enrich curriculum content making the program more attractive than ever to institutions, faculty and students. Since 2011, SuiteAcademy has partnered with the world's leading educational institutions including Purdue University, UCLA, University of Texas at Austin, Arizona State University, University of North Carolina at Chapel Hill, University of Waterloo in Canada, Far Eastern University in the Philippines and University of Lleida in Spain. These universities have adopted NetSuite as a key component of their accounting degree curricula.

"After 6 years as a professor of information systems, I am proud to bring an industry leading cloud ERP system to our classrooms. I have been absolutely thrilled with our involvement with NetSuite SuiteAcademy and think it works out marvelously well for our students," said Gregory Dawson, Professor of Accounting Information Systems at Arizona State University. "Students get valuable hands-on experience with a great product that should help them in their future careers. It allows them to better understand what ERP is, how it works and what they need to pay attention to."

These new features have been launched to respond to a growing demand for SuiteAcademy, and to help grow the global ecosystem of skilled NetSuite professionals available to both customer organisations and NetSuite Solution Provider Partners as adoption of NetSuite's cloud business management suite continues to accelerate around the world. Supported by professor-developed curricula, SuiteAcademy gives students hands-on instruction in the use of NetSuite in classrooms, at home, over mobile devices or anywhere with an Internet connection. Through the program, students gain practical NetSuite skills and knowledge to jumpstart their careers and speed time to value for hiring organisations. For more information, please visit the SuiteAcademy web page.

New SuiteAcademy program features and focus areas introduced today include:

No-cost access to all NetSuite training. SuiteAcademy now offers both professors and students full access to the entire catalog of online and in-person training courses at no cost. This provides increased opportunities for students to learn across the full range of beginner, intermediate and advanced course offerings.

Base-level SuiteFoundation validation. Students are now able and encouraged to take the base-level SuiteFoundation exam, a proctored, in-depth test that validates foundational knowledge of the NetSuite system and functionality. Students are able to highlight successful completion of the SuiteFoundation exam on their resumes and LinkedIn profiles, while hiring organisations have a means of identifying qualified job prospects.

Collaboration with Solution Provider Partners. NetSuite is actively working with Solution Providers to deepen their involvement in the SuiteAcademy program and position them to hire the best and brightest students upon graduation. Solution Providers are now able to post job openings and other announcements on the SuiteAcademy Student Resource Center, which is accessible to participating schools.

"The expanded scope and features of SuiteAcademy builds on the strong uptake and momentum the program has enjoyed since its inception," said Mark Bidwell, NetSuite Associate Director of Education Programs. "We're fully committed to continuing to build out the SuiteAcademy program to grow the global ecosystem of NetSuite-trained resources that our customers and partners need to make the most of NetSuite solutions."

Today, more than 20,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.


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