Business Wire IndiaInfor, 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.
To download a complimentary copy of the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises, published Aug. 24, click here.
“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 stated, “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. Visit https://www.infor.com/solutions/erp/industry-erp to learn more.
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 is 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.
The content is by Business Wire India. DKODING Media is not responsible for the content provided or any links related to this content. DKODING Media is not responsible for the correctness, topicality or the quality of the content.