NetSuite offers rebate to new adopters

Stephen Withers
Thursday, 20 August 2009 06:05

IT Industry - Market

NetSuite's 'cash for clunkers' offer can trim $500 from every $5000 spent by new customers on the company's cloud enterprise applications.

The NetSuite offer is modelled on schemes to encourage owners of old vehicles to trade them in for new, fuel efficient and less polluting models.

To obtain the discount, new customers must shut down existing in-house servers or trade-in their current enterprise software licences.

The offer lasts until October 31.

NetSuite officials claim a recent impact study by Greenspace demonstrated that the average NetSuite customer reduces its electricity bill by $US10,000 per year after switching from an on premise system. In all,  NetSuite customers saved more than $US61 million in energy bills in 2008 and reduced carbon dioxide emissions by nearly 423,000 tonnes. That emissions reduction was the equivalent of not burning some 180 million litres of petrol.

David Stover, chief financial officer of Asahi Kasei Fibers' Dorlastan division, said "We were spending three percent of our revenue on SAP. By switching to NetSuite, we reduced that cost to 0.1 percent of revenue."