Menu
Infor seeks to strengthen cloud footing with $675M GT Nexus buy

Infor seeks to strengthen cloud footing with $675M GT Nexus buy

Its efforts in the retail supply chain could get an especially significant boost

Infor made a $675 million bid to bolster its cloud and supply-chain management capabilities Tuesday with the announcement that it will acquire global order-management platform provider GT Nexus.

The deal, said to be the second largest in Infor's history, is expected to close within 45 days.

Because GT Nexus is a fully cloud-based supply-chain platform, it will help Infor to accelerate its shift from on-premises software to true multitenant cloud, said Paul Hamerman, a Forrester Research analyst. "It also aligns well with Infor's focus on manufacturing industries."

GT Nexus' global trade and logistics software is designed to let companies in industries like retail, fashion and manufacturing to collaborate with global suppliers and optimize shipments to customers, distribution centers and retailers.

Founded in 1998 and based in California, GT Nexus has a network that integrates directly into buyers' and suppliers' order-management systems and allows buyers to transmit order information through GT Nexus to their suppliers, financial institutions, freight carriers and logistics providers.

Some 25,000 businesses use the technology to manage more than $100 billion in goods each year. GT Nexus customers include Adidas, Caterpillar, Columbia Sportswear, DHL, Home Depot, Levi Strauss, Maersk, Pfizer, Procter & Gamble and UPS.

The union of the two companies will let Infor offer customers a global commerce cloud that gives them "end to end" control and visibility for the production of direct goods, according to Infor.

In that sense, it will give Infor stronger footing in its bid to compete in the cloud with the likes of Oracle and SAP.

The acquisition will open up new opportunities for Infor customers, said Ray Wang, founder and principal analyst with Constellation Research.

That's particularly true in the retail industry, which has been a key focus of the company's recent efforts, he noted.

"This focus on the retail supply chain is an important piece of the Infor puzzle," he said. "This is an area that Infor has expressed a strong desire to become a major player in. With this news, it might just achieve that goal."


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags business issuesapplicationsenterprise resource planningInforsoftwarecloud computingindustry verticalsinternetMergers and acquisitionssupply chain managementretailGT Nexus

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments