Press Release

For Immediate Release

Contact: Mei Li
NetSuite Inc.
(650) 627-1063
meili@netsuite.com

Kelly Paszamant
OpenAir, Inc.
617-351-0232
kpaszamant@openair.com

OPENAIR LAUNCHES OPENAIR CONNECT FOR SAP, ORACLE, AND SALESFORCE.COM

Pre-Built Integrations with Leading CRM and ERP Solutions Advances OpenAir's SRP Leadership

OpenAir CEO Morris Panner Unveils Offering at Annual User Summit

BOSTON, Mass. — October 28, 2009 — OpenAir, Inc., a NetSuite Inc. (NYSE: N) company and a leading provider of cloud computing professional services automation (PSA) and services resource planning (SRP) software, today announced the launch of OpenAir Connect, a set of pre-built integrations available for some of the industry's leading customer relationship management (CRM) and Enterprise Resource Planning (ERP) solutions.

OpenAir Connect enables enterprise organizations to realize the benefits of cloud computing PSA while protecting their investment in existing business solutions. As a result, OpenAir SRP customers experience an accelerated quote-to-cash cycle by linking disparate systems into a single, streamlined flow of information. Fueled by both SOAP and XML API's, OpenAir Connect eliminates manual reentry of data while improving operational efficiencies through integrated workflows. Building on OpenAir's existing integration with NetSuite, OpenAir Connect supports integration with many of the industry's leading CRM and ERP solutions including:

  • OpenAir Connect for Oracle
  • OpenAir Connect for SAP
  • OpenAir Connect for Salesforce.com
For more information on OpenAir Connect, visit www.openair.com/connect.

In a recent independent study by SPI Research, organizations that integrated their PSA solution with existing CRM or ERP solutions to create an end-to-end SRP solution experienced significant improvements in project management, resource management, and operational efficiency, including:
  • 35% increase in profit margins
  • 80% increase in real-time visibility
  • A project cancellation rate of only 1.5%
  • An average of 5.2 concurrent projects managed compared to 4.5 with non-integrated PSA
"There is no better PSA solution on the market today or one that is more open to different platforms and systems," said Eric Berridge, Founder of Bluewolf Group. "Whether you are running Salesforce.com and Oracle or Salesforce.com and SAP, you can't find a better PSA solution than OpenAir which will readily integrate into your infrastructure."

"SRP will drive the future of the services economy," said Morris Panner, CEO at OpenAir. "Services companies have unique business needs, and therefore require unique systems to support them. As services executives seek the answers to very difficult questions regarding profitability, project margins, and resource utilization, the visibility provided by an end-to-end integrated SRP system is becoming a business necessity."

About OpenAir
OpenAir, Inc., a NetSuite Inc. company, is a leading provider of Software as a Service (SaaS) services automation software. With offices in Boston, MA, Toronto, ON, London and Sydney, Australia, OpenAir offers both professional services automation (PSA) and services resource planning (SRP) solutions, providing project-based organizations and firms the tools they need to grow their businesses quickly and profitably. Providing enterprise-level functionality for businesses of all sizes, OpenAir helps world-class firms to better capture billable time, manage projects and resources and bill customers. Coupled with a team of highly experienced consultants from some of the world's leading services firms, OpenAir's services automation solutions drive higher profits through improved utilization, visibility and data collection. To learn more, please visit www.openair.com.

NOTE: OpenAir, NetSuite and the OpenAir and NetSuite logos are registered service marks of NetSuite Inc.

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