It seems that cloud computing, which uses the Net to deliver applications, is a new trend. But some of the leaders have been in business for more than a decade. One is NetSuite (N). The company develops enterprise resource planning (ERP) software, which helps companies manage inventory, payroll and other key financial functions.

And NetSuite continues to see traction. In its latest earnings report, revenues increased 21% to $52.1 million. For the year, revenues came to $193.1 million. Operating income was $3.5 million for fourth quarter.

No doubt, the dominant player in cloud-computing is Salesforce.com (CRM). And investors have certainly benefited nicely. But what are some other plays in the sector? If cloud-computing is a growing industry, other operators should benefit as well, right?

Definitely. And it looks like one is NetSuite (N), which develops an enterprise resource planning platform (this manages payroll, inventory, HR and so on). In fact, it is the only type of its kind that has massive scale. And, as seen by its latest earnings report, NetSuite is certainly gaining momentum.