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Definition: NetSuite

(NetSuite Inc., San Mateo, CA, www.netsuite.com) A software company that offers an integrated, cloud-based set of ERP, CRM, accounting and e-commerce services to medium and large enterprises. Founded in 1998 as NetLedger by Evan Goldberg, the company uses the Oracle database and was financed in part by Oracle. In the 2000s, NetSuite made several acquisitions in e-commerce, human resources, email and warehouse management. NetSuite OneWorld adds capabilities for multinational corporations.