The end of 2007, at least in the space that I cover, has certainly been "the most wonderful time of the year" for one vendor - NetSuite. True, prior to that, Deltek had a decent initial public offering (IPO) , and possibly even more important, a stellar Q3 2007 quarterly report thereafter.
However, on December 20, 2007 NetSuite Inc., a vendor of on-demand, integrated business management
rang the day''s opening bell, joined by NetSuite Founder and Chief Technology Officer (CTO) and Chairman of the Board, Evan Goldberg, and NetSuite chief financial officer (CFO) Jim McGeever. The IPO, which turned out to have garnered $50 million more than that of Salesforce.com of a few years ago, is certainly another indicator of how mainstream the software as a service (SaaS) model has become and what might be in the store for 2008 . Still, it remains to be seen how much this future visibility will help