Infor, a leading provider of enterprise applications specialized by industry, announced this week the release of Networked CloudSuites, an evolutionary step that extends mission-critical business applications beyond the four walls of the enterprise across the value chain.
By delivering core functionality from the GT Nexus commerce network into Infor CloudSuite industry suites, the vendor is able to connect the core applications of an enterprise with its logistics, supplier, and finance networks. This, in turn, increases network-wide visibility, collaboration, efficiency, and responsiveness – making an enterprise more agile and competitive.
“The days when a single company was responsible for all aspects of its products, from sourcing to manufacturing and shipping to point-of-sale, are long gone; commerce today requires an extended network of suppliers, production, 3PLS, and financiers, yet the software that companies rely on has not adapted to this business model,” said Charles Phillips, CEO of Infor.
Networked CloudSuites are the next step for Infor CloudSuite, which was the first set of industry-specific application suites in 2014 delivered on the Amazon Web Services (AWS) cloud.
These suites combine multiple applications into a single suite for specific industries such as healthcare, distribution, and various manufacturing industries.
“Leveraging the power of the GT Nexus commerce network, Infor is able to offer true multi-tenant, multi-organization public cloud solutions that provide a single instance of the truth, making an enterprise more agile, responsive, and competitive,” Phillips added.
With built-in functionality from Infor’s 2015 acquisition of GT Nexus, Networked CloudSuites expand Infor CloudSuite beyond the four walls of the enterprise with functionality for:
Logistics network – live shipment tracking, ocean booking, 3PL services, and ocean container tracking
Supplier network – order issue and acknowledge, advanced shipping notices (ASN), and invoicing
Finance network – receivables financing, payables financing
Network platform – community benchmarks and collaborative issue management
According to the press release, Infor expects to begin delivering Networked CloudSuites during the second half of 2017.
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