NEW YORK - Feb 11, 2016
Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced that investment in cloud solutions will be top-of-mind for distributors over the next year, according to results from a recent survey conducted by Infor and third-party research organization TechValidate. The results show that 40 percent of survey respondents are very likely to consider investing in a cloud solution during the next twelve months, while 32 percent of companies polled are currently hosting technology in a cloud environment. An additional 14 percent confirmed plans to transition away from on-premise applications.
As distributors seek to improve differentiation and reduce costs in an increasingly competitive market, using a cloud-enabled technology environment becomes a viable option to help mitigate IT-related expenses. Hosting applications in the cloud can also deliver the flexibility and connectivity, which can help to promote greater efficiency and agility in day-to-day operations across multiple locations.
"The cloud is important for distributors because the industry's shifting business model has brought about new opportunities for growth, but also a unique set of challenges," said Kelly Squizzero, industry and solution strategy director, Infor Distribution. "Migrating to the cloud can help distributors deliver maximum value for customers, because critical information, such as inventory levels, can be accessed in real-time from various locations. This can give decision-makers more visibility to help them make the best choices for their global or nationwide organization."
In addition to cloud computing, the survey found that 57 percent of distributors plan to invest in e-commerce solutions within the next twelve months, and 44 percent citied online sales as an important driver for business growth. Mobility was also a key issue, with 43 percent of respondents planning to invest in mobile applications.
Equipping users with mobile access can help promote greater workforce productivity by providing visibility into data at any time, from a WIFI/internet-enabled location or device. This can be particularly influential for employees who are frequently on-the-move, such as account executives or warehouse managers, as they can make and receive updates in real-time while away from their desks.
"Infor has improved our business because it allows us to integrate the entire process of inventory management, sales data and customer service, giving users the information they need right at their fingertips" said Jeff Bolton, IT manager, Sturgis Materials, Inc. "We are considering investment in cloud technology over the next twelve months because it will help us to further increase profitability by eliminating the cost of on-site hardware and prepare our company for future growth or expansion."
According to the survey, distributors continue to invest in Infor because the company is viewed as a trusted business partner whose applications can help to increase productivity and enhance customer satisfaction. For more information on Infor Distribution, please visit www.infor.com/industries/distribution.
TechValidate is a third-party research organization that directly interfaces with business and technology end users to collect and validate information about their deployments. More information is available at www.techvalidate.com.
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Infor builds beautiful business applications with last mile functionality and scientific insights for select industries delivered as a cloud service. With 13,000 employees and customers in more than 200 countries and territories, Infor automates critical processes for industries including healthcare, manufacturing, fashion, wholesale distribution, hospitality, retail, and public sector. Infor software helps eliminate the need for costly customization through embedded deep industry domain expertise. Headquartered in New York City, Infor is also home to one of the largest creative agencies in Manhattan, Hook & Loop, focused on delivering a user experience that is fun and engaging. Infor deploys its cloud applications primarily on the Amazon Web Services cloud and open source platforms. To learn more about Infor, please visit www.infor.com.
Infor customers include:
- 18 of the top 20 aerospace companies
- 10 of the top 10 high tech companies
- 10 of the top 10 pharmaceutical companies
- 21 of the 25 largest U.S. healthcare delivery networks
- 18 of the 20 largest U.S. cities
- 20 of the top 20 automotive suppliers
- 17 of the top 20 industrial distributors
- 15 of the top 20 global retailers
- 4 of the top 5 brewers
- 21 of the top 30 global banks
- 6 of the 10 largest global hotel brands
- 6 of the top 10 global luxury brands