NEW YORK, US - Media OutReach - 5 August 2020 - Infor, a global
leader in business cloud software specialized by industry, today announced that
Gartner Inc. has positioned Infor CloudSuite
in the Visionaries quadrant of the 2020 Gartner Magic Quadrant for Cloud ERP
for Product-Centric Enterprises. Infor was positioned highest for ability to
execute in the Visionaries quadrant.
Download
a complimentary copy of the 2020 Gartner Magic Quadrant for
Cloud ERP for Product-Centric Enterprises, published June 22.
"We believe Infor's placement as a Visionary
in this Gartner Magic Quadrant recognizes our ability to provide CloudSuites
that are designed to serve certain specific needs of a variety of industries,
including manufacturing,
healthcare, distribution, public sector,
retail and hospitality,"
said Soma Somasundaram, Infor chief technology officer and president of
products. "Infor's CloudSuites utilize our leading technology platform, Infor
OS to power next-generation user experiences, integrations and workflows, which
are designed to help increase productivity and collaboration."
"Infor CloudSuites deliver back-office
operations, key industry analytics and reporting -- along with mobile access and
implementation accelerators -- in an effort to help lower companies' risks and
help keep them current with the latest innovations," he added. "This can
provide enterprises with agility and flexibility to help drive performance and
scalability and assist in reducing time-to-value."
In its Magic Quadrant for Cloud ERP for
Product-Centric Enterprises, Gartner notes that, "By 2022, 30% of large
enterprises will have moved to a platform- and product-centric approach with
standardized ERP capabilities at the platform core."
In addition, the report stated, "By 2025, the
top four ERP vendors will rebrand themselves as business platform providers."
According to the Magic Quadrant report, "Gartner defines a product-centric
cloud ERP suite as a
set of loosely coupled products comprising:
- Operational
ERP -- supply chain and manufacturing-related functionality such as demand
management, order management, material requirements planning (MRP),
inventory management, supply chain/direct procurement, manufacturing
control capabilities, and distribution/logistics.
- Financial
management functionality (those vendors that provide only financial
management as a suite are rated in a separate Magic Quadrant).
- Purchasing
focused on indirect goods, services and capital equipment.
- HCM --
for cost management as well as staffing for operational resources.
- Specialized,
industry-specific modules or applications including, but not limited to,
modules such as configure-to-order (CTO) or make-to-order (MTO), and field
service management (FSM), or broader application solutions like enterprise
asset management (EAM) and product life cycle management (PLM)."
Tweet this:
@Infor CloudSuite positioned in Visionaries
quadrant of the @Gartner_inc June 2020 Magic Quadrant for #Cloud #ERP for
Product-Centric Enterprises http://ow.ly/BRhs30qTnWy
Gartner, Magic Quadrant for Cloud ERP for
Product-Centric Enterprises Tim Faith, Duy Nguyen, Denis Torii, Paul Schenck,
Christian Hestermann, 22 June 2020.
Gartner does not
endorse any vendor, product or service depicted in its research publications,
and does not advise technology users to select only those vendors with the
highest ratings or other designation. Gartner research publications consist of
the opinions of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.
Media contact:
Phyllis
Tan
Infor
Asia Pacific
+65
9799 9133
[email protected]
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