Koch Agrees to Invest over $2 billion in Infor - Seite 2

Under Phillips' leadership, Infor invested approximately $2 billion in product design and development over the last five years and delivered more than 400 new products, 1,700 integrations, and 16,000 industry features in its CloudSuite product line. Infor now has 15,000 employees and operates in more than 170 countries. Key milestones include:

• First Industry Cloud Company - By building deep industry features directly into its applications instead of leaving that critical content to third party consultants, Infor became the first company to run mission critical applications in the cloud for healthcare, manufacturing, retail, and public sector organizations. Companies no longer want the expensive consulting engagements that were historically required to add industry enhancements to generic software products. By putting thousands of micro-vertical industry features into the applications, all customers in that specific industry can share those features in a multitenant cloud environment. Applications rich in industry domain lower the cost and time of deployment and make future enhancements and upgrades far easier. By enabling mission critical processes to be managed and integrated with applications for CRM, HCM, Marketing, and more in the cloud, Infor delivers a complete CloudSuite for its target industries, which has led to significant growth and larger deal sizes.

• Dynamic Science Labs - Just off the campus of M.I.T. in Kendall Square, Infor built a data science team with more than 70 PhDs and former professors to deliver predictive analytics, machine learning, and optimization for use-cases specific to select industries. Recent innovations around retail assortments, inventory optimization, and pricing segmentation were made possible because of Infor Dynamic Science Labs and access to data on a hyper-scale cloud with unlimited compute power.

• Creative Agency - Infor was the first enterprise applications company to build a captive creative agency in New York. The agency, dubbed Hook & Loop, focuses on user experience and design, a historical weakness for enterprise applications. By leveraging the vast pool of design talent in Manhattan, Hook & Loop has re-defined user experience in the business application category. Infor recently launched H&L Digital, customer-facing consultancy for digital transformation projects.

• Global Commerce Network - Infor ION, a next generation middleware platform that is far simpler and more open than traditional middleware, leverages the open source Apache ESB and a simple XML-based publish-and-subscribe model using OAGIS standards. The ability to quickly integrate Infor and non-Infor applications led to ION becoming one of Infor's fastest growing products ever. Infor is the only business applications provider with a direct commerce network. The company's GT Nexus network connects over 28,000 businesses, banks, logistics providers, brokers, and carriers to process transactions and enable collaboration and visibility among these trading partners.

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