Infor

Infor
Company typeSubsidiary[1]
IndustryEnterprise software[1]
FoundedJune 2002 (2002-06)[2]
Headquarters
New York City, United States[1]
Area served
Worldwide[1]
Key people
Kevin Samuelson (CEO)[3]
RevenueUS$3.2billion (2019)[4][5]
Number of employees
17,000 (2022)[6]
ParentKoch Industries[1]
Websitewww.infor.com

Infor is a multinational company headquartered in New York City[7] 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,[8] and 90,000 corporate customers in 200 countries. Those customers include Bausch & Lomb, Heineken, Flextronics,[9] Wyndham Hotels, Benetton Group, Boskalis, EBSCO, Legacy Health and Best Western International.[5]

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.[2] It grew through acquisitions[9] backed by Golden Gate Capital and Summit Partners.[10]

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.[11]

Micro-verticals and cloud

From 2010,[12] Infor marketed "micro-verticals," which were versions of its software adapted for specific industries.[13] It claimed these products were easier to implement than those of its competitors.[12]

Infor introduced an Amazon Web Services based product called CloudSuite in 2014.[14]

Koch Industries

In February 2017, Koch Equity Development LLC invested $2.68 billion in Infor, for a two-thirds ownership.[15]

Subsequently, in February 2020, Koch bought out Golden Gate Capital's remaining minority shareholding.[1][16] The transaction valued Infor's assets at $11 billion.[17] By then Infor was the world's third-largest enterprise software vendor after Oracle Corporation and SAP, with 6% of the market.[1]

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.[18] Through Habitat for Humanity, Infor employees also participate in a Volunteer Build Program, Employee Giving Campaign, and Annual Global Village Build.[18]

The company sponsors the Leukemia & Lymphoma Society's “Light the Night Walks” events,[19] held in years such as 2012.[20]

Infor has supported the United Negro College Fund's A Mind Is a Terrible Thing to Waste event.[19]

Awards

  • 2014 – CODie Awards, Best Healthcare IT Solution[21]
  • 2014 – CODie Awards, Best Social Business Solution[21]
  • 2015 – Confirmit Achievement in Customer Excellence Award (for seventh year)[22]
  • 2015 – Stevie Awards, People's Choice for Favorite New Products[23]
  • 2016 – Plant Engineering, Energy Performance Management and Maintenance Software Products of the Year[24]

See also

References

  1. ^ a b c d e f g McBride, Sarah (February 4, 2020). "Koch Buys Rest of Infor in Deal Valuing Software Maker at $11 Billion". Bloomberg News. Archived from the original on February 4, 2020. Retrieved February 4, 2020.
  2. ^ a b Prickett Morgan, Timothy (August 7, 2006). "Infor Closes SSA Buy and Acquires Remaining GEAC Bits". IT Jungle. Archived from the original on January 18, 2017. Retrieved October 5, 2016.
  3. ^ "Leadership". Infor. Archived from the original on March 13, 2022. Retrieved October 8, 2022.
  4. ^ "Infor". Forbes. Archived from the original on December 3, 2020. Retrieved March 27, 2021.
  5. ^ a b "Corporate Overview". Infor's. October 2016. Archived from the original on November 20, 2016. Retrieved October 5, 2016.
  6. ^ "About". Infor. Archived from the original on October 10, 2022. Retrieved October 11, 2022.
  7. ^ Breux, Kristina (May 23, 2013). "Infor Headquarters by VOA". Architect Magazine. Zonda Media. Archived from the original on October 2, 2022. Retrieved October 2, 2022.
  8. ^ "Infor Acquires Predictix". Nogalis. July 7, 2016. Archived from the original on October 10, 2016. Retrieved September 6, 2016.
  9. ^ a b Lev-Ram, Michal (August 15, 2013). "The redemption of Charles Phillips". Fortune. Archived from the original on August 8, 2020. Retrieved October 5, 2016.
  10. ^ Woodie, Alex (April 9, 2012). "Infor Raises More Money, Finally Completes Lawson Transaction". IT Jungle. Archived from the original on August 5, 2016. Retrieved October 5, 2016.
  11. ^ Woodie, Alex (November 29, 2011). "Infor to Move HQ to NYC". itjungle.com. Archived from the original on April 14, 2016. Retrieved October 5, 2016.
  12. ^ a b Kanaracus, Chris (January 10, 2012). "Infor CEO Charles Phillips Discusses Software Vendor's Remaking". PC World. Archived from the original on October 10, 2016. Retrieved October 5, 2016.
  13. ^ Kanaracus, Chris (February 29, 2012). "Infor Refreshes Its Lineup for 'Micro-Vertical' Industries". CIO. Archived from the original on June 4, 2016. Retrieved October 5, 2016.
  14. ^ Greene, Jay (March 26, 2014). "Facing new rivals, Amazon expands its cloud-computing offerings". The Seattle Times. Archived from the original on October 11, 2016. Retrieved October 5, 2016.
  15. ^ Darrow, Barb (November 16, 2016). "Koch Industries Pours $2.5 Billion into Business Software Maker Infor". Fortune. Archived from the original on June 16, 2020. Retrieved April 27, 2020.
  16. ^ Brown, Michael (February 12, 2020). "Golden Gate Exits Infor Following 18-Year Hold". The Deal. Retrieved January 20, 2026.
  17. ^ "Koch Industries Buys the Rest of Software Maker Infor". Bloomberg Law. February 4, 2020.
  18. ^ a b "The Computerworld Honors Program" (PDF). Computerworld. May 21, 2013. Archived from the original (PDF) on February 15, 2017. Retrieved October 6, 2016.
  19. ^ a b "Corporate citizenship". Infor. Archived from the original on October 13, 2016. Retrieved October 6, 2016.
  20. ^ "Infor Raises $72,000 for the Leukemia & Lymphoma Society". Infor. November 15, 2012. Archived from the original on October 9, 2016. Retrieved October 6, 2016.
  21. ^ a b "2014 Winners". SIIA. Archived from the original on October 9, 2016. Retrieved October 6, 2016.
  22. ^ "Confirmit Announces 2015 ACE Award Winners". Confirmit. May 13, 2015. Archived from the original on January 24, 2022. Retrieved October 10, 2022.
  23. ^ Gallagher, Maggie (August 11, 2015). "Winners Announced in People's Choice Stevie Awards for Favorite New Products". Stevie Awards. Archived from the original on October 9, 2016. Retrieved October 6, 2016.
  24. ^ "2 Infor Solutions Win "Product of the Year" Awards". Infor. January 21, 2016. Archived from the original on October 10, 2016. Retrieved October 6, 2016.