NetSuite was recognized as a Leader in the IDC MarketScape Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications 2023-2024 Vendor Assessment (doc #US51405023, December 2023) for its two-pronged approach to industries and industry specialization.
The IDC MarketScape report analyzed the functional capabilities and go-to-market strategies of finance and accounting application vendors. Vendors were evaluated on criteria such as user experience, scalability, and capabilities to support advanced technologies like artificial intelligence, machine learning, and predictive analytics for financial management. Vendor positions are based on end-user/customer experience, detailed surveys and interviews with vendors, and publicly available information.