No matter what industry your company operates in, it is facing competitive pressures like never before. Organizations no longer have the luxury of being able to spend years developing an effective business strategy, nor do they have the time and resources to waste on ineffective on-premise business systems that then fail to support it.This is why companies such as NetSuite, which provides a single version of the truth for businesses operating in the cloud, see their revenues grow, while the legacy players with their siloed on-premise applications are in decline.