INTELLIGENT
INTELLIGENT CLOUD
Infor announces US$1.5 billion
investment ahead of potential IPO
nfor, a global leader in business
cloud software specialised
by industry, has announced
an agreement to receive a US$1.5 billion
investment from shareholders Koch Equity
Development, LLC (KED) and Golden Gate
Capital. This investment builds on KED’s
investment of more than US$2 billion in
early 2017, and it represents an important
milestone as Infor considers a potential IPO in
2019 or 2020, subject to market conditions.
“Koch and Golden Gate Capital have been
phenomenal partners for Infor and all of
our 17,300 employees are excited about this
milestone as we prepare for the next stage
of growth,” said Charles Phillips, CEO of Infor.
Under Phillips’ leadership, and over the
course of Infor’s partnership with KED and
Golden Gate Capital, Infor has invested
around US$2.5 billion in product design and
development over the last five years and
delivered more than 475 new products, 1,870
integrations and 20,700 industry features in
its CloudSuite product line.
“Koch was a customer of Infor before
we became an investor in the company and
Koch Industries’ companies continue to
move their most mission critical applications
to Infor CloudSuites,” added Jim Hannan,
Koch Executive Vice President and CEO of
Enterprises for Koch Industries, Inc.
“Infor’s innovative products have
helped lead our Digital Transformation as
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we continue to deploy them globally for
120,000 employees.”
Meanwhile, David Dominik, Managing
Director of Golden Gate Capital, said: “Infor
has undergone a remarkable evolution over
the years. We remain strong supporters
of the company’s strategy and leadership
team as they pursue their next phase
of growth and continue to enhance the
operations of businesses across a range of
sizes and industries.”
With over US$3 billion of revenue in fiscal
year 2018, Infor became the first company to
move mission critical ERP application suites
to public clouds for entire industries.
“Infor’s CloudSuites are the foundation
for Digital Transformation for more than
9,500 customers in 110 countries,” said
Jane Thomson, Managing Director of EOH
Infor Services.
“Infor applications span financials,
manufacturing, supply chain, human
resources and customer relationships. Over
the last five years, Infor has consistently
gained market share in cloud applications,
and 70% of its software license revenue is
now derived from cloud applications.”
Fundamental to Infor’s strategy is its
ability to engineer each CloudSuite for a
specific industry. Infor eliminates the need
for expensive customisations and runaway
consulting engagement and customers
routinely lower costs by 25% or more.
Jane Thomson,
Managing Director of
EOH Infor Services
“Companies see the value in shifting their
enterprise applications to the cloud but can’t
make that transition until critical industry
features are replicated there,” said Phillips.
“Infor built these previously bespoke
features as standard cloud services and
now has access to valuable data across
business functions to build predictive
analytics and insightful correlations on our
Coleman AI platform.”
Infor CloudSuite is also future proofed
for innovation.
“Infor applications run on public scale
clouds and open source infrastructure not
tied to a single data store and scale out at
lower costs using commodity compute and
storage on demand,” said Thomson.
“Vertical integration is a legacy of on-
premise computing, and modern applications
leverage global, commodity infrastructure.”
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