"Infor is having a coming-out party for its cloud strategy that revolves around building apps that appeal to various industries. By owning industry specific cloud categories, Infor can build a moat around its business and better compete with the likes of Oracle and SAP."
That's one of the takeaways ZDNet editor Larry Digman shares in an article, "Infor Ramps Cloud Strategy, Eyes Next-Gen Experience, Apps," recapping last week's Infor Innovation Summit for industry analysts in New York City.
Here are excerpts:
"Infor execs touted customer wins with the likes of Ferrari, which is billed as a lab for the company's software, Williams Sonoma, Flextronics, and Wyndham Hotels. These large customers form a cloud council for Infor and provide product input from the perspective of a CIO, CTO and CEO."
"Infor's strategy is relatively simple: Run in the cloud (Amazon Web Services infrastructure), focus on user experience and have specialized micro-vertical suites. On that latter point, Infor is looking to tailor its wares to specific industry use cases in the cloud that can be used to replace older custom suites."
"Infor has seen a surge in customers with SaaS growth rates north of 600 percent in the last quarter. Over the last nine months, SaaS growth was 400 percent. 'When we get a chance to compete, we can win,' said [Infor President Duncan] Angove."
"The real path forward for Infor is to move its existing customer base forward. Enter UpgradeX. UpgradeX is a program to convert maintenance revenue to SaaS, create returns for customers and fixed bid implementations."
"Infor's decision to bet on AWS for its infrastructure is a well-known tale. What's less known is how Infor is making sure that its stack is validated for open source."