Infor
American software company
From Wikipedia, the free encyclopedia
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.
 | |
| Company type | Subsidiary[1] |
|---|---|
| Industry | Enterprise software[1] |
| Founded | June 2002[2] |
| Headquarters | New York City, United States[1] |
Area served | Worldwide[1] |
Key people | Kevin Samuelson (CEO)[3] |
| Revenue |  US$3.2billion (2019)[4][5] |
Number of employees | 17,000 (2022)[6] |
| Parent | Koch Industries[1] |
| Website | www |
As of 2016[update], 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]
