{"id":4995,"date":"2012-12-07T00:31:07","date_gmt":"2012-12-07T00:31:07","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/news\/2012\/dec\/07\/cloud-erp-next-big-thing-cloud\/"},"modified":"2012-12-07T00:31:07","modified_gmt":"2012-12-07T00:31:07","slug":"cloud-erp-is-the-next-big-thing-in-the-cloud","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/cloud-erp-is-the-next-big-thing-in-the-cloud\/","title":{"rendered":"Cloud ERP is the next big thing in the cloud"},"content":{"rendered":"<p><em>By Sharon Florentine<\/em><\/p>\n<p>The Cloud ERP (enterprise resource planning) landscape is expanding, and competition is heating up. Back in July 2012, Web-based business software provider NetSuite&rsquo;s Q2 revenue and earnings numbers were the first indicators of a growing trend in the Cloud ERP space.<\/p>\n<p>As Ben Kepes&nbsp;reported in the Cloud Ave blog,&nbsp;NetSuite&rsquo;s subscription and support revenues were $61 million, a 27 percent increase of Q2 2011. And NetSuite&rsquo;s cash flow from operations was up 80 percent year-over-year to $15.2 million.<\/p>\n<p>Don&rsquo;t yawn &ndash; yes, earnings reports in and of themselves aren&rsquo;t exactly riveting. But as Kepes said, the trend that these numbers indicate signals a very important shift in the ERP space.&nbsp;<\/p>\n<p>Enterprise software isn&rsquo;t &#8220;sexy,&#8221; but it continues to be a growth sector year-over-year, he said, because it&rsquo;s directly monetisable &ndash; enterprise software companies deliver a service customers are very willing &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Sharon Florentine<br \/>\nThe Cloud ERP (enterprise resource planning) landscape is expanding, and competition is heating up. Back in July 2012, Web-based business software provider NetSuite&rsquo;s Q2 revenue and earnings numbers were the first indicators &#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4995","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/4995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=4995"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/4995\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=4995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=4995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=4995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}