Infor a leader in Gartner Magic Quadrant for Cloud ERP
Cloud software company Infor has announced it's been positioned by Gartner as a Leader in the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises.
The company's position as one of the Leaders in this Gartner Magic Quadrant was based on Gartner's evaluation of Infor's industry-specific CloudSuite solutions, powered by its LN, M3, and SyteLine ERP (enterprise resource planning) platforms.
"Infor is proud to be recognised as a leader in this Gartner Magic Quadrant," says Infor, chief technology officer and president of products, Soma Somasundaram.
"We believe Infor differentiates itself in the market with our industry-specific, multi-tenant cloud ERP solutions (CloudSuites), which are built with a high degree of API and data-centricity.
"These solutions are smart, preconfigured and modern, so we can help customers grow and digitally transform their businesses, recognise faster time-to-value, and continue to innovate," he says.
"Customers can take advantage of the fact our platform is flexible and extensible, includes built-in industry-standard practices, and is designed to be easy to use."
In the 2021 Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Gartner notes, "The ERP for product-centric enterprises market is accelerating its transition to cloud deployment models. ERP application leaders should use this Magic Quadrant to evaluate cloud ERP application suites as part of a composable ERP strategy."
According to the report, by 2023, organisations that have successfully renovated their ERP platforms will achieve at least a 40% improvement in IT agility to deliver business outcomes.
The report also stated that by 2023, 60% of product-centric enterprises would utilise standardised ERP capabilities on a composable ERP platform. And by 2024, 60% of enterprise SaaS applications will be composed of packaged business capabilities that provide data, analytical insight and operational application services.
Infor CloudSuite solutions are industry-specific and are delivered as cloud services on Amazon Web Services (AWS) secured and scalable infrastructure. Infor CloudSuites utilise Infor's technology platform and Infor OS to power next-generation user experiences, integration and work flows.
Infor is a multinational enterprise software company based in New York City, United States. Infor focuses on business applications for organisations delivered via cloud computing as a service.
Infor was initially focused on software from financial systems and ERP to supply chain and customer relationship management. In 2010, the company began focusing on software for industry niches and user-friendly software design. Infor deploys its cloud applications through AWS and various open-source software platforms.