NetSuite Inc (NYSE: N) revealed it was expanding its business operations into The Netherlands, Luxembourg and Belgium. According to the company, the accelerated expansion included the launching of its Benelux headquarters in Amsterdam and a tactical alliance with Deloitte in Belgium.
NetSuite has introduced NetSuite OneWorld for Benelux-headquartered companies. The company indicated the move was in response to the growing opportunity for its cloud ERP and increasing demand for NetSuite in the Benelux region, especially from innovative, fast-growing and international businesses.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
CEO Zach Nelson said, "Our new Benelux operations are the latest steps in NetSuite's European expansion and our commitment to providing businesses in the region with software and services that meet both their regional and global needs."
According to NetSuite, Gartner estimated the ERP applications market reached $724.1 million in The Netherlands and Belgium last year. That is predicted to grow to $849.8 million in 2018.
On Tuesday, shares of the company traded down by 1.66 percent.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.