CIMdata PLM Industry Summary Online Archive
24 April 2012
Company News
Infor Delivers Record-Level Product Development and Innovation
Infor today announced that more products, features, customer-driven enhancements, and integrations are planned to be delivered in 2012 than in any similar period in the company's history. The increased level of innovation results from a commitment to spend more than $300 million in R&D for the year, the addition of more than 500 software engineers and designers, and the unique capabilities of Infor10 ION technology, which uses open standards to integrate Infor and non-Infor applications.
In 2011, Infor shipped 69 new products, 1904 new features, 2001 customer enhancement requests, and 194 new integrations, an increase of more than 70 percent from 2010. The company plans to ship significantly more of each in 2012, increasing new products by more than 45 percent, new features by more than 60 percent and new integrations by more than 50 percent. The company also expects to deliver a record number of customer requested enhancements.
Under the direction of CEO Charles Philips and Infor's new executive management team, in 2012 Infor expects to deliver at least 240 percent more new products, 175 percent more new features, and an astonishing 800 percent more new integrations compared to 2010 levels.
Among the more than 100 new products planned to be delivered in 2012 are Infor10 Industry Suites; applications specialized by industry featuring Infor10 ION and Infor10 Workspace technology. Designed expressly for the unique demands of a specific industry, Infor10 Industry Suites are preconfigured by industry, minimizing the need for extensive customizations that often lead to long and costly implementations.
"Today's business climate has become one of 'survival of the fastest,' where companies that fall behind cannot expect to be significant, relevant, or even viable for much longer," said Charles Phillips, CEO of Infor. "Infor recognizes that we must partner with our customers, to deliver the level of innovation that supports their long-term growth plans. With our new Infor10 Industry Suites, our goal is zero modifications. Integrations, configurations, and analytics should be less a part of an implementation and more a part of the application. Infor10 products are specialized by industry and designed to help customers go faster."
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