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.”
In addition, the report states, “By 2023, 60% of product-centric enterprises will utilize standardized ERP capabilities on a composable ERP platform.”
Gartner also wrote in the report 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.