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Piriou Expects to Double Revenues Following Digital Overhaul

Infor recently announced that French shipbuilder Piriou has chosen Infor LN software to assist in transforming its global production, repair, and maintenance operations. The french company builds mid-sized boats for private and public use military and commercial fishing. They have decided to implement a modern enterprise resource planning (ERP) software system in a quest to double its revenues over the next five years. Their previous ERP system limited the company from keeping up with growing production numbers and expansion into shipyards in Africa and Vietnam. By choosing Infor LN, Piriou can better maintain their growing company and will plan a steady roll-out over the coming years, wishing to avoid a “big-bang” deployment approach. Using Infor LN, Piriou expects to increase its production volume by better optimizing its production and giving users direct visibility to component parts ordering.

 

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Infor Completes Acquisition of Intelligent InSites

Infor has successfully completed the acquisition of Intelligent InSites, Inc., a leading provider of healthcare software and services leveraging location-based intelligence from real-time location systems (RTLS). Headquartered in Fargo, North Dakota, Intelligent InSites has customers in the US and Australia. With this acquisition, Infor will be able to offer an expanded suite of technology for organizations in the healthcare industry. Per the news announcement, Intelligent InSites solution will complement the Infor CloudSuite Healthcare footprint, enabling support across the continuum of care including clinics, urgent care, emergency departments, inpatient care, procedural care, and behavioral health.

 

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Koch Industries Agrees to Acquire All of Infor

An affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, Inc., has entered into a definitive agreement to acquire the remaining equity stake in Infor held by Golden Gate Capital. Infor will become a standalone subsidary of Koch Industries at the close of the transaction and will continue to operate from its headquarter in New York City with the current management team. Koch has been an investor of Infor since 2017 and is considered a key enterprise partner. With this equity acquirement, Koch intends to quickly position Infor as one of the most well-capitalized companies in technology. Kevin Samuelson, CEO of Infor, says of the purchase, “Koch’s decision to acquire Infor is a strong endorsement of our product strategy and focus on creating innovative solutions for our customers. As a subsidiary of a $110 billion+ revenue company that re-invests 90% of earnings back into its businesses, we will be in the unique position to drive digital transformation in the markets we serve. We are rapidly expanding our industry-specific CloudSuites and offering customer experiences and outcomes that are well beyond what is standard in enterprise software.” Per the press release, “the transaction is subject to customary conditions and regulatory approvals and is expected to close in the first half of 2020. Financial terms of the transaction were not disclosed.”

 

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Corrective Services NSW Selects Infor to Achieve Critical Workforce Utilisation Efficiencies

Infor recently announced that Corrective Services NSW (CSNSW) has chosen Infor CloudSuite Workforce Management to future-proof aspects of its scheduled staff rostering needs. With a competitive market process, Infor’s comprehensive workforce management solution and associated business process changes will provide efficient and effective staff scheduling procedures and ongoing workforce utilization efficiencies. Per the press release, the industry-leading workforce scheduling system will deliver a host of benefits to Corrective Services NSW, including providing live scheduling monitors in key locations that enhance staff safety and security, continually adapting its workforce scheduling approach to new business models, and mitigating the risk of potential compliance errors by ensuring team members are rostered and paid in compliance with their respective Public Sector Awards.

 

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Pechanga Resort Casino Drives Automation and Visibility with Infor CloudSuite

Recently Pechanga Resort Casino entered into an agreement with Infinium Software Inc., an Infor company, expanding their long-term partnership with the tech giant. Pechanga, the largest resort/casino on the West Coast, chose Infor CloudSuite solutions to further integrate core business processes into a centralized location connected to the reservation department. The integration will allow the resort/casino to make more informed business decisions from anywhere, anytime, on any device. Per the press release, Pechanga will implement Infor CloudSuite solutions created specifically for the hospitality industry to better support financials, supply management, human capital management, analytics, and workforce management. These flexible applications can provide business leaders with new insights and real-time data to make decisions quickly that may improve bottom-line results. With Infor solutions, teams at Pechanga will benefit from a simple and predictable path to upgrade from on-premise applications to the cloud.

 

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Israel’s Largest Furniture Group Turns to Infor to Integrate its Supply Chain

Aminach, Israel’s largest furniture company, is embarking on an enterprise resource planning (ERP) project with Infor M3. The project is being managed by Infor partner Intentia Israel and will serve 280 users across 46 stores nationwide and the manufacturing site in Israel. The furniture company chose Infor M3 due to the depth of its functionality; that it can support both Aminach’s manufacturing and commercial operations and due to the level of integration between the different modules. Aminach’s business processes were then mapped to meet the synergy requirements between all technological systems and establishing a standard of organizational work processes and supply chain management. Infor M3 will provide Aminach with a range of capabilities required by a multi-branch distributed manufacturer and marketer. These include retail chain store management, item and product infrastructure management, supply chain management, production planning and management, costing and finance management, as well as technician service system management.

 

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Infor Introduces New Solutions for Omni-Channel Retailers and Fashion Brands

Infor’s Fashion sector introduces new solutions designed to help omni-channel retailers and fashion brands improve and optimize areas such as inventories, demand and supply planning and factory to market efficiency. Per the press release, the new, machine learning (ML)-driven solutions are generally available (GA) and include Infor Retail Allocation, Infor Omni-Channel Planning for Brands, the latest version of Infor CloudSuite PLM for Fashion, and the Infor Nexus RFID Scan & Pack solution. Infor’s general manager and head of Americas Rod Johnson states, “Infor’s ongoing investments in machine learning and advanced planning will give retailers and fashion and lifestyle brands very powerful new capabilities. First, they will have an incredibly precise view of their component and finished goods demand and, second, they will have an execution platform that supports even shorter product lifecycles. This combination will reduce waste, labor and markdowns throughout their supply chains, from zippers to finished goods.”

 

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Infor Broadens Relationship with Accor

Infor has successfully extended their 13-year relationship with Accor, a global leader in augmented hospitality. This extension was made possible by Accor signing a global agreement to continue their collaboration with Infor EzRMS revenue management software. The application is currently used at more than 1,100 properties worldwide. Accor will have mobile access, function space revenue management, extended stay optimization and a variety of pricing methodologies. Per the press release, as part of the agreement, Infor will offer three new packages for different properties throughout the Accor portfolio. This will enable Infor to continue to help support the global network dedicated revenue managers in Accor. Additionally, this new agreement allows new brands in the Accor portfolio to benefit from Infor EzRMS, including newly integrated brands.

 

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TPG Hotels & Resorts Selects Infor Hospitality to Standardize Processes

To start off the new year, Infor recently announced that TPG Hotels & Resorts has selected the tech giant to standardize property management systems and provide a single source of data across its independent hotel portfolio. With Infor, the organization will have consistency across its property technology platform. This will make managing daily processes easier. TPG Hotels & Resorts will be able to better manage operations throughout reservations, the front desk, housekeeping, concierge, and accounting in a single application. Infor Hospitality Management Solutions (HMS) will provide TPG Hotels & Resorts with a more complete solution for managing multiple hotel functions at seven independent properties. Per the press release, “We partnered with Infor based on their track record in the hospitality industry and understanding of our goals to unify operations to make day-to-day business more efficient. Infor will be a key strategic partner for our organization and help us modernize our technology stack across our independent hotels, allowing us to put even more focus on the guest experience with the ease of information exchange,” said Sameer Mehra, executive vice president of revenue strategies, TPG Hotels & Resorts. “Infor has a good library of system interfaces, which gives an edge over other PMS providers when it comes to introducing other technology platforms.”

 

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Coles Selects Infor to Modernise International Supply Chain and Deliver Real-Time Inventory Visibility

Leading Australian retailer Coles has chosen Infor Nexus for its global trade platform for enhanced international supply chain visibility for the organization. This global trade platform, once deployed, will streamline imports, reduce costs and modernize Coles’ international supply chain. They plan to roll out the world-class solution in 2020, the first organisation in Australia to directly do so. Per the press release, Infor Nexus, a Leader in Gartner’s Magic Quadrant for Multienterprise Supply Chain Business Networks, is a scalable platform that will enable Coles to:

  • Reduce working capital through lower stock in transit and distribution centre stock holdings
  • Reduce transport costs, including freight, demurrage and customs clearance
  • Simplify transactions with freight service providers

Coles will run all international transactions through the Infor Nexus B2B information exchange.

 

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