Menu
Cloud key as Infor reports triple-digit growth

Cloud key as Infor reports triple-digit growth

Infor has announced strong results for its fiscal 2015, built on the back of accelerated cloud growth.

Infor has announced strong results for its fiscal 2015, built on the back of accelerated cloud growth.

According to the industry cloud company, software license fees and subscriptions revenue increased 12 per cent, with SaaS revenue up more than 60 per cent in fiscal 2015, compared to the same period last year.

Furthermore, SaaS bookings increased more than 300 per cent as more than 45 million users now access Infor applications in the cloud in 96 different countries.

“The growth Infor is experiencing marks an inflection point for the company, where the heavy investments we’ve made in cloud software that meets unique industry needs with an elegant user experience are paying dividends,” says Charles Phillips, CEO, Infor.

“Infor is well-positioned to accelerate growth as more companies eschew the monolithic era of legacy software vendors in favour of flexible, secure cloud applications with the last-mile functionality they need without the costly customisation they don’t.”

During fiscal 2015, Infor added approximately 2,900 new customers, including approximately 500 competitive wins against legacy vendors SAP and Oracle.

New customers and go-lives in the year include Wyndham Hotels, Ferrari, San Francisco Municipal Transport Agency, Hershey Entertainment and Resorts, Boskalis, EBSCO, Legacy Health, Best Western International, Kaman Industrial Technologies, and Wagner equipment (CAT).

Infor also added 97 new channel partners to the Infor Partner Network, and saw channel revenue increase 18 per cent.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags CloudInfor

Featured

Slideshows

Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.​

Tech industry comes together as Lexel celebrates turning 30
HP re-imagines education through Auckland event launch

HP re-imagines education through Auckland event launch

HP New Zealand held an inaugural Evolve Education event at Aotea Centre in Auckland, welcoming over 70 principals, teachers and education experts to explore ways of shaping and enhancing learning using technology.

HP re-imagines education through Auckland event launch
Reseller News ICT Industry Awards 2017 - Meet the winners...

Reseller News ICT Industry Awards 2017 - Meet the winners...

Reseller News honoured the industry’s finest on a standout evening for the New Zealand channel, recognising the achievements of established and emerging partners on a memorable night in Auckland.

Reseller News ICT Industry Awards 2017 - Meet the winners...
Show Comments