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Infor

Infor is a multinational company headquartered in New York City[4] that provides industry specific, enterprise software licensed for use on premises or as a service.

As of 2016, Infor's software had 58 million users, and 90,000 corporate customers in 200 countries. Those customers include Bausch & Lomb, Heineken, Flextronics, Wyndham Hotels, Benetton Group, Boskalis, EBSCO, Legacy Health and Best Western International.

History

Infor was spun out from Malvern, Pennsylvania based Systems & Computer Technology Corp in June 2002, as Agilisys, when there were 1,300 customers of its process manufacturing ERP software. It grew through acquisitions backed by Golden Gate Capital and Summit Partners.

With the addition of German company Infor Business Solutions AG in 2004, Agilisys changed name to Infor Global Solutions. It relocated headquarters from Alpharetta, Georgia to New York in 2012.

Micro-verticals and cloud

From 2010, Infor marketed "micro-verticals," which were versions of its software adapted for specific industries. It claimed these products were easier to implement than those of its competitors.

Infor introduced an Amazon Web Services based product called CloudSuite in 2014.

Koch Industries

In February 2017, Koch Equity Development LLC invested $2.68 billion in Infor, for a two-thirds ownership.[5]

Subsequently, in February 2020, Koch bought out Golden Gate Capital's remaining minority shareholding.[6] The transaction valued Infor's assets at $11 billion.[7] By then Infor was the world's third-largest enterprise software vendor after Oracle Corporation and SAP, with 6% of the market.[8]

Philanthropy

In 2013, the company was recognized as a Computerworld honors laureate for its work with Habitat for Humanity, partnering with the organization to provide software at free or reduced prices. Through Habitat for Humanity, Infor employees also participate in a Volunteer Build Program, Employee Giving Campaign, and Annual Global Village Build.

The company sponsors the Leukemia & Lymphoma Society's “Light the Night Walks” events, held in years such as 2012.

Infor has supported the United Negro College Fund's A Mind Is a Terrible Thing to Waste event.

Awards

  • 2014 – CODie Awards, Best Healthcare IT Solution
  • 2014 – CODie Awards, Best Social Business Solution
  • 2015 – Confirmit Achievement in Customer Excellence Award (for seventh year)[9]
  • 2015 – Stevie Awards, People's Choice for Favorite New Products
  • 2016 – Plant Engineering, Energy Performance Management and Maintenance Software Products of the Year

See also

  • List of ERP software packages and vendors

External links

References

  1. Leadership Infor, retrieved 2022-10-08^
  2. Infor Forbes, retrieved 2021-03-27^
  3. About Infor, retrieved 2022-10-11^
  4. Kristina Breux. Infor Headquarters by VOA Architect Magazine, Zonda Media, 2013-05-23, retrieved 2022-10-02^
  5. Barb Darrow. Koch Industries Pours $2.5 Billion into Business Software Maker Infor Fortune, 2016-11-16, retrieved 2020-04-27^
  6. Michael Brown. Golden Gate Exits Infor Following 18-Year Hold The Deal, 2020-02-12, retrieved 2026-01-20^
  7. Koch Industries Buys the Rest of Software Maker Infor Bloomberg Law, 4 February 2020^
  8. Sarah McBride. Koch Buys Rest of Infor in Deal Valuing Software Maker at $11 Billion Bloomberg News, 2020-02-04, retrieved 4 February 2020^
  9. Confirmit Announces 2015 ACE Award Winners Confirmit, 2015-05-13, retrieved 2022-10-10^
  10. <ref name="itjunglesgeac"> Timothy Prickett Morgan. Infor Closes SSA Buy and Acquires Remaining GEAC Bits IT Jungle, August 7, 2006, retrieved 2016-10-05^
  11. The Computerworld Honors Program Computerworld, May 21, 2013, retrieved 2016-10-06^
  12. Infor Raises $72,000 for the Leukemia & Lymphoma Society Infor, November 15, 2012, retrieved 2016-10-06^
  13. 2 Infor Solutions Win "Product of the Year" Awards Infor, January 21, 2016, retrieved 2016-10-06^
  14. 2014 Winners SIIA, retrieved 2016-10-06^
  15. Maggie Gallagher. Winners Announced in People's Choice Stevie Awards for Favorite New Products Stevie Awards, August 11, 2015, retrieved 2016-10-06^
  16. Corporate citizenship Infor, retrieved 2016-10-06^
  17. Infor Acquires Predictix Nogalis, July 7, 2016, retrieved 2016-09-06^
  18. Jay Greene. Facing new rivals, Amazon expands its cloud-computing offerings The Seattle Times, March 26, 2014, retrieved 2016-10-05^
  19. Chris Kanaracus. Infor CEO Charles Phillips Discusses Software Vendor's Remaking PC World, January 10, 2012, retrieved 2016-10-05^
  20. Chris Kanaracus. Infor Refreshes Its Lineup for 'Micro-Vertical' Industries CIO, February 29, 2012, retrieved 2016-10-05^
  21. Alex Woodie. Infor to Move HQ to NYC itjungle.com, November 29, 2011, retrieved 2016-10-05^
  22. Alex Woodie. Infor Raises More Money, Finally Completes Lawson Transaction IT Jungle, April 9, 2012, retrieved 2016-10-05^
  23. Michal Lev-Ram. The redemption of Charles Phillips Fortune, August 15, 2013, retrieved 2016-10-05^
  24. Corporate Overview Infor's, October 2016, retrieved 2016-10-05^