CRM Leaders Expanding in China

Netsuite and Salesforce are expanding their local China presence, as explained by a new IT Market Report for Hong Kong.

"The focus on smaller manufacturing companies has led to the rise of Software as a Service (SaaS) in the Greater China region. NetSuite recently set up an office in Hong Kong to target the Pearl River Delta region, and it launched its Hong Kong service in September 2008. NetSuite planned to introduce its One World service in Hong Kong with subscription including customer relationship management (CRM), enterprise resources planning (ERP) and e-commerce applications at around HKD18,000 a month."

Note: HKD 18k/mo is about USD $2.3k/mo. This works out to be about $27k USD per year, maybe ok for Hong Kong, but probably still too expensive for many mainland China customers.