Infor has been positioned as a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises for the fourth consecutive year.
Gartner's evaluation has indicated Infor's strengths in both their ability to execute and the completeness of their vision as key factors in their leadership status.
"We're honoured to be recognised by Gartner as a Leader in the Magic Quadrant for the fourth consecutive year," said Soma Somasundaram, Infor President and CTO.
"We feel that this placement reaffirms our role as a leading provider in the enterprise software market, driven by our commitment to a platform-first approach layered with industry-specific cloud applications."
"Infor's consistent positioning reflects our dedication not only to future-focused innovation but also to delivering tangible, industry-specific advancements that empower our customers to operate more efficiently and achieve their goals faster," Somasundaram added.
Gartner's 2024 Magic Quadrant for Cloud ERP for Product-Centric Enterprises highlights the advancements in artificial intelligence (AI) and generative AI (GenAI) as pivotal to evolving enterprise resource planning (ERP) solutions. Gartner states, "AI and GenAI are at the forefront of the more significant innovation in ERP. These capabilities are changing the way organisations will consume applications. The embedded intelligence found in packaged ERPs are evolving to the point where the solutions can act with autonomy. The embedded intelligence will become more pervasive to augment or automate work and create more intuitive user experiences."
Looking forward to the industry's trajectory, Gartner predicts, "By 2027, 60% of customers replacing ERP applications will select software for the platform and business process orchestration capabilities as critical requirements, along with transactional capabilities, in order to deliver more-tailored outcomes."
This projection underscores the importance of platform and business process orchestration within ERP systems in future purchasing decisions.
Infor's CloudSuite solutions, which are built for specific industries, are delivered as cloud services on Amazon Web Services' secure and scalable infrastructure. These solutions utilise Infor's technology platform, Infor OS, designed to enhance user experiences, improve integration and workflows, and boost productivity and collaboration.
The report by Gartner was authored by Dixie John, Denis Torii, Johan Jartelius, and Tomas Kienast and dated 11 November 2024.
Gartner maintains that their research publications represent the opinions of their research organisation and does not serve as an endorsement of any vendor or product, nor does it advise users to select vendors with the highest ratings only.
