Elgato CEO Markus Fest had a better view of business in San Francisco than in his own German backyard. NetSuite had powered the US-based operation of the developer of smart lifestyle and entertainment devices since 2002, but the Munich headquarters ran a legacy ERP system. Merging data manually from the two systems in Excel failed to provide a global, real-time view.
Elgato
Munich, Germany
High-Tech
$40 million
60
20 (five additional in the US)
2
2
Legacy ERP
SAP Business ByDesign
NetSuite OneWorld
Mannheim & Berlin, Germany
“It’s nicely extensible. Anything we can foresee that we’d like to do we’re confident it can accomplish, because if NetSuite can’t do it, SuiteApps or a NetSuite partner can.” Elgato