Netsuite's $26 Million Acquisition of OpenAir gives it a company with a formula for what works in a software-as-a-services environment. OpenAir offers services-based companies a system to manage billable time and projects. It's those types of generic, automated business functions that companies seem most willing to try out in a SaaS model. Dubbed professional services automation and project portfolio management, OpenAir's offering includes functions that marketing firms, law firms, consulting companies, IT services firms, and IT departments can use to manage projects and employees' time. Its offerings have been well received; last month, it won the 2008 Software and Information Industry Association's Codie Award for best business software solution. NetSuite plans to integrate OpenAir with its SaaS ERP suite using Web services by the end of this year.
展开▼
