The Most Powerful People In Enterprise Tech
NetSuite was founded in 1998, the brainchild (at least in part) of Oracle CEO Larry Ellison, before people understood cloud computing or software as a service. Nelson has been its CEO for most that time (since 2002). He s walking a fine line now between Ellison s other company, Oracle, which has recently launched into the cloud, and Oracle s biggest competitor, SAP. Nelson is helping mid sized companies use the cloud.
He s making progress, too. NetSuite logged a record $308.8 million in revenue for 2012.