NEW YORK - Nov 19, 2014
Infor, a leading provider of business application software serving more than 73,000 customers, today announced a new feature Infor CloudSuiteTM Aerospace & Defense (A&D) to aid compliance with International Traffic in Arms Regulations (ITAR). The ITAR function will serve as a complementary function for new or existing Infor CloudSuite A&D customers, to facilitate compliance for Infor customers that are creating a US defense article or performing a US defense service and wish to benefit from cloud-services.
The ITAR regulation serves to manage handling and access requirements for data and physical equipment, which involves the design, manufacture and delivery of weapons systems. This law creates a vital compliance factor for any organization that is responsible for the creation, distribution and trade of weapons. However, it also creates a potential layer of difficulty for such organizations that seek to deploy cloud services, as the law may impact third-party organizations that handle ITAR-related data. For this reason, Infor has invested in the controls required to help customers demonstrate ITAR compliance for CloudSuite Aerospace & Defense as required by the Directorate of Defense Trade Controls (DDTC).
"Keeping current with compliance issues within the Aerospace and Defense industry can be a major challenge, especially for customers that seek to modernize their operations with cloud-based services, This new component is specially designed to help customers manage government requirements while obtaining access to cloud computing technology," said Edward Talerico, industry director, Aerospace & Defense, Infor. "The development of this feature, further demonstrates Infor's dedication to forward-thinking investments in the defense industry."
Infor's ITAR compatibility option provides additional controls for managing and monitoring the implemented cloud infrastructure, as well as the customer data within a dedicated Amazon Web Services (AWS) GovCloud environment. Infor has invested in US personnel to provide services for the Infor CloudSuite environment
Helping customers obtain DDTC requirements called upon a significant investment from Infor. Not all Infor CloudSuite A&D customers are required to register with the DDTC or ensure ITAR compliance. Only customers that do business within the US defense sector are required to comply with ITAR, which is why the compatibility is not included as a base feature within the Infor CloudSuite A&D product offering. Customers that opt for the ITAR compatibility option may purchase this premium service as an add-on for their Infor CloudSuite A&D investment.
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Infor is fundamentally changing the way information is published and consumed in the enterprise, helping 73,000 customers in more than 200 countries and territories improve operations, drive growth, and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant. Infor provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. To learn more about Infor, please visit www.infor.com.
Infor customers include:
- 19 of the top 20 aerospace companies
- 10 of the top 10 high tech companies
- 10 of the top 10 pharmaceutical companies
- 22 of the 25 largest US healthcare delivery networks
- 16 of the 20 largest US cities
- 20 of the top 20 automotive suppliers
- 17 of the top 20 industrial distributors
- 16 of the top 20 global retailers
- 4 of the top 5 brewers
- 21 of the top 30 global banks
- 6 of the top 10 global luxury brands
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.