UTS Takes Higher Education To The Cloud With NetSuite

            UTS Takes Higher Education To The Cloud With NetSuite

UTS is The First University in Australia to Include NetSuite Cloud ERP in MBA
Curriculum

PR Newswire

SYDNEY, Feb. 6, 2013

SYDNEY, Feb.6,2013 /PRNewswire/ --NetSuite Inc. (NYSE: N), the industry's
leading provider of cloud-based financials / ERP software suites, today
announced the University of Technology, Sydney (UTS), is the first Australian
university to join the NetSuite SuiteAcademy program, an educational program
designed to bring cloud-based business management solutions to university
classrooms worldwide. The UTS Business School plans to incorporate NetSuite
cloud ERP, including supply chain and accounting functionality, into the
postgraduate degree curricula in 2013 for students pursuing MBA and Master of
Business in Operations and Supply Chain Management degrees.

"UTS is in the process of reinventing business education," said Professor Roy
Green, Dean of UTS Business School. "We're shifting away from the traditional
approach of pushing students down specialist career paths, to creating
graduates capable of boundary-crossing beyond specialisations – which is
what's required of today's business leaders."

Driven by the growing global demand for teaching NetSuite cloud solutions in
tertiary education programs, "SuiteAcademy" puts NetSuite software and
academic-developed curriculum in the hands of students, giving the next
generation of business leaders a competitive advantage by having worked with
one of the world's fastest growing financial management solutions and the
recent winner of Frost & Sullivan's Asia Pacific's Cloud ERP Vendor of the
Year for 2012 award for cloud leadership excellence, exemplary performance and
growth.

Building the NetSuite cloud into UTS Business School's MBA Program curriculum
is part of this transformation. It provides postgraduate students and teaching
staff with practical IT skills aligned to the global shift towards cloud
computing. It can also offer experience across core disciplines built into
NetSuite's single business management suite, including ERP, accounting and
supply chain management.

"Our partnership with NetSuite is about producing work-ready graduates for a
market rapidly embracing cloud computing. Given cloud software automates many
traditional professional functions, our graduates need to be lateral thinkers
capable of adding value to organisations in new ways," added Professor Green.

During the next four months, NetSuite plans to work closely with the UTS
Business School to prepare curricula for next year's MBA intake. This will
focus on providing students with practical, hands-on experience with
NetSuite's modules, as well as a better understanding of how it supports
process flows and revenue cycles throughout an entire organisation.

While planning to open the SuiteAcademy program to other Australian and New
Zealand universities in 2013, NetSuite selected UTS Business School as the
first in this region on the strength of its application of theoretical
concepts to real-world cases and situations. The business school ranked in the
top 100 in the 2011 QS World University Rankings for economics, accounting and
finance. It was also awarded five stars in the QS Stars system, which
recognises excellence in higher education. The school also maintains close
ties with business leaders to ensure graduates are ready to meet the needs of
businesses today and into the future.

"As the demand for cloud-based business management solutions has rapidly
accelerated, business students must be ready to hit the ground running with a
practical understanding of cloud computing and how it is increasingly becoming
an integral component of everyday business practices," said Mark Troselj,
managing director for APAC for NetSuite. "UTS is listening to the market as it
shifts towards graduating students with the practical cloud computing
experience the workforce requires."

NetSuite has been working with universities to introduce cloud computing into
the curricula since 2009. Since officially launching SuiteAcademy in 2011, the
program has grown 83 percent, with more than 100 tertiary institutions around
the world now teaching NetSuite. The NetSuite cloud business solution is
predominantly introduced in the third and fourth year of degree, and MBA
programs, meaning that the next generation of managers, entrepreneurs, and
business professionals can come to the job market with a stronger
understanding of business operations and a clear understanding of the power of
cloud computing. For more information about SuiteAcademy, please visit
http://www.netsuite.com/suiteacademy.

Today, more than 16,000 companies and subsidiaries depend on NetSuite to run
complex, mission-critical business processes globally in the cloud. Since its
inception in 1998, NetSuite has established itself as the leading provider of
enterprise-class cloud ERP suites for divisions of large enterprises and
mid-sized organisations seeking to upgrade outdated client/server ERP systems.
NetSuite excels at streamlining business operations, as demonstrated in a
recent Gartner study naming NetSuite as the fastest growing top ten financial
management systems vendor in the world. NetSuite has continued its success in
delivering the best cloud financials/ERP suites to businesses around the
world, enabling them to lower IT costs significantly while increasing
productivity, as the global adoption of cloud is accelerating.

For more information about NetSuite please visit www.netsuite.com.au.

Follow @NetSuiteAPAC on Twitter for NetSuite news and real-time updates.

NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc.

(Logo: http://photos.prnewswire.com/prnh/20090924/SF81218LOGO-b)

SOURCE NetSuite Inc.

Website: http://www.netsuite.com
Contact: Mei Li, Senior VP, Corporate Communications, NetSuite Inc.,
+1-650-627-1063, meili@netsuite.com; or Emma Keen, Einsteinz Communications,
+61 2 8905 0995, emma@einsteinz.com.au