Infor Positioned as a Leader in the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises

SEOUL,South Korea,Sept. 8,2021 --Infor,the industry cloud company,today announced that Gartner® Inc. has positioned Infor as a Leader in the 2021 Gartner Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises.

This was based on Gartner's evaluation of Infor's industry-specific CloudSuite solutions,which are powered by its LN,M3,and SyteLine ERP platforms.

To download a complimentary copy of the report,published Aug. 24,clickhere.

"Infor is proud to be recognized as a Leader in this Gartner Magic Quadrant," said Soma Somasundaram,Infor Chief Technology Officer and President of Products. "We believe Infor differentiates itself in the market with our industry-specific,multi-tenant cloud ERP solutions (CloudSuites),which are built with a high degree of API-centricity and data-centricity."

"These solutions are smart,preconfigured and modern,so we can help customers grow and digitally transform their businesses,recognize faster time-to-value,and continue to innovate," he noted. "Customers can take advantage of the fact that our platform is flexible and extensible,includes built-in industry standard practices,and is designed to be easy to use."

In its 2021 Magic Quadrant for Cloud ERP for Product-Centric Enterprises,Gartner notes that,"The ERP for product-centric enterprises market is accelerating its transition to cloud deployment models. ERP application leaders should use this Magic Quadrant to evaluate cloud ERP application suites as part of a composable ERP strategy."

According to the Gartner report,"By 2023,organizations that have successfully renovated their ERP platforms will achieve at least a 40% improvement in IT agility to deliver business outcomes."

Also,itstated,60% of product-centric enterprises will utilize standardized ERP capabilities on a composable ERP platform."

Gartner also wrote that,"By 2024,60% of enterprise SaaS applications will be composed from packaged business capabilities that provide data,analytical insight and operational application services."

Infor CloudSuite solutions are industry-specific and are delivered as cloud services on Amazon Web Services' (AWS') secured and scalable infrastructure. Infor CloudSuites utilize Infor's leading technology platform,Infor OS,to power next-generation user experiences,integration and workflows – which can help increase productivity and collaboration. Visit https://www.infor.com/solutions/erp/industry-erpto learn more.

Gartner,Magic Quadrant for Cloud ERP for Product-Centric Enterprises,Tim Faith,Denis Torii,Paul Schenck,Dixie John,Abhishek Singh,24 August 2021.

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About Infor

Infor is a global leader in business cloud software specialized by industry. Providing mission-critical enterprise applications to 65,000 customers in more than 175 countries,Infor software is designed to deliver more value and less risk,with more sustainable operational advantages. We empower our 17,000 employees to leverage their deep industry expertise and use data-driven insights to create,learn and adapt quickly to solve emerging business and industry challenges. Infor is committed to providing our customers with modern tools to transform their business and accelerate their own path to innovation. To learn more,please visit www.infor.com.