NetSuite Launches Commerce as a Service

NetSuite, a provider of cloud-based business management software suites, introduced its "Commerce as a Service" (CaaS) platform during its SuiteWorld 2012 conference in San Francisco on Tuesday.

At the heart of the CaaS initiative is SuiteCommerce, a central system that manages all transactions and interactions with consumers and businesses regardless of touchpoint (e.g., website, smartphone, social media site, in-store, etc.).