For the second year in a row, Stamford, Conn.-based research firm Gartner Inc. has placed NetSuite in the Leaders quadrant of its Magic Quadrant for Cloud Core Financial Management Systems for Midsize, Large and Global Enterprises.

One of only three vendors to be named a Leader among the 10 Gartner evaluated, Oracle NetSuite has improved upon its ability to execute and completeness of vision since the last Magic Quadrant, according to the report.