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Date Posted: 2/8/2012
Winner Of CES "Last Gadget Standing" Lytro, Inc. Chooses NetSuite TonSupport Business Growth
NetSuite PartnerDemand Solutions Group Helps Lytro Move Business Operations to NetSuite Cloud
SAN MATEO, Calif. — February 7, 2012 — NetSuite Inc. (NYSE: N), theindustry’s leading provider of cloud-based financials / ERP software suites, today announced that Lytro,Inc.,maker of the world’s first consumer light field camera, has adopted NetSuitefor its ERP needs. Experiencing exponential growth, Lytro realized that itoutgrew its existing on-premise system. NetSuite’s superior ERP capabilitiesprovide Lytro the ability to manage financials, accounting, orders, and inventory, as well as track production costs inthe cloud, giving them greater access to real-time data across theiroperations. With NetSuite, Lytro is able to gain flexibility and agility tosupport its fast-growing business.
Basedin Mountain View, Calif., Lytro (www.lytro.com) has developed an innovative,groundbreaking camera that captures light field pictures with the press of asingle button. By capturing the color, intensity and direction of light,pictures can be refocused at any time after the fact. Scheduled to ship in Q12012, the Lytro camera has already won top prize in the annual Last Gadget Standing competition at CES. After evaluatingseveral on-premise products, Lytro chose the NetSuite cloud solution that canmeet the needs of a fast-growing company.
ChoosingNetSuite gives Lytro instant access to the leading cloud computing businessmanagement solution. NetSuite’s offering support Lytro's complex supply chainbecause the platform allows Lytro to scale and grow from start-up toenterprise. With the help of Demand Solutions Group (DSG), a NetSuite SolutionProvider and SDN partner, Lytro was able to integrate NetSuite with othercustom software systems leveraging NetSuite’s SuiteCloud development platform.NetSuite gives Lytro real-time insight into each stage of the manufacturing,assembly and fulfillment process along with comprehensive details into everyorder processed through the powerful NetSuite solution.
"ChoosingNetSuite helps to ensure that we are prepared for the initial response that weanticipate as the Lytro light field camera enters the market, and the continuedgrowth as the company gains traction," said Kim Jabal, VP of Finance atLytro. "As an emerging business, NetSuite provides the tools and resourceswe need today, and can scale with our future growth."
“Lytrois the classic emerging growth business, ideally suited for NetSuite’scloud-based business solutions,” said Todd Fitzwater, DSG co-founder. “Lytroneeds a software system that can support rapid expansion. NetSuite is exactlythe right system to take them to the next level and beyond.” DSG has receivednumerous awards and accolades that include being named to CRN magazine’s CloudVARs That Get It; Accounting Today’s Top 100 VARs 2011; IDC’s Cloud AllstarAward 2011; and NetSuite 3 Star Award 2011.
FollowNetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates.
Formore information about NetSuite, please visit www.netsuite.com.
NOTE:NetSuite and the NetSuite logo are service marks of NetSuite Inc. Third-partytrademarks mentioned are the property of their respective owners. The use ofthe word partner does not imply a partnership relationship between NetSuite andany other company.
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