NEW YORK, Aug. 27, 2021 /PRNewswire/ -- Infor, the industry cloud company, today announced that Gartner® Inc. has positioned Infor as a Leader in the 2021 Gartner Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises.  

Infor'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, which are powered by its LN, M3 and SyteLine ERP platforms.

Download a complimentary copy of the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises, published Aug. 24: https://www.infor.com/resources/gartner-names-cloudsuite-solutions-as-leader 

"Infor is proud to be recognized as a Leader in this Gartner Magic Quadrant," said Soma Somasundaram, Infor Chief Technology Officer and President of Products. "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-centricity and data-centricity.

"These solutions are smart, preconfigured and modern, so we can help customers grow and digitally transform their businesses, recognize faster time-to-value, and continue to  innovate," he noted. "Customers can take advantage of the fact that our platform is flexible and extensible, includes built-in industry standard practices, and is designed to be easy to use."

In its 2021 Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Gartner notes that, "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 Gartner report, "By 2023, organizations that have successfully renovated their ERP platforms will achieve at least a 40% improvement in IT agility to deliver business outcomes."

In addition, the report states, "By 2023, 60% of product-centric enterprises will utilize standardized ERP capabilities on a composable ERP platform."

Gartner also wrote in the report that, "By 2024, 60% of enterprise SaaS applications will be composed from 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 utilize Infor's leading technology platform, Infor OS, to power next-generation user experiences, integration and workflows – which can help increase productivity and collaboration.

Learn more about Infor industry ERP solutions: https://www.infor.com/solutions/erp/industry-erp 

Gartner, Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Tim Faith, Denis Torii, Paul Schenck, Dixie John, Abhishek Singh, 24 August 2021.

Gartner and Magic Quadrant are registered trademarks of Gartner Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

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.

About Infor
Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 65,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create, learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more, please visit www.infor.com.

Copyright ©2021 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com

This announcement reflects the direction Infor may take with regard to the specific product(s) described herein, all of which is subject to change by Infor in its sole discretion, with or without notice to you.  This announcement is not a commitment to you in any way and you should not rely on this document or any of its content in making any decision.  Infor is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this announcement and even if such description is accompanied by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "predict," "should," "will," and/or similar expressions.  Many factors can affect Infor's product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of Infor.  This announcement, in whole or in part, may not be incorporated into any contractual agreement with Infor or its subsidiaries or affiliates.  Infor expressly disclaims any liability with respect to this announcement.

Media contact:
Steve Bauer
Infor
(650) 670-7135
[email protected]

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