On this episode of the Cloud Wars Live podcast, I speak with Infor CEO Kevin Samuelson and Infor CTO Soma Somasundaram about the industry-specific approach their company’s embraced since it was founded in 2002. We chat about the booming demand for industry-specific cloud apps, Infor’s aversion to the whole “ERP” thing and the company’s very impressive annual run rate of about $1 billion for industry clouds.
The Industry Cloud Boom: Infor
The Big Themes:
- $5 billion building and rewriting modern cloud apps: In the last few years we’ve really had all the ingredients, the products, the market, the technology – and so we’ve pushed it hard.
- We’re private and extraordinarily well-funded: That’s actually given us an advantage on that front. We are truly thinking in decades.
- Last mile functionality, last mile content: The solutions have to be architected in a way to address an adjacent set of industries.
- One throat to choke: We’ll have our services teams to partner with Deloitte or Accenture, or a typical SI. We’re clearly a part of this and are answerable to any issues.
The Big Quote: “It does feel like companies want a return on their investment a lot more quickly because they’re facing much more material business issues and disruption.”
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More from Cloud Wars Live:
Every vendor in the Cloud Wars Top 10 is racing to develop industry-specific solutions that will change how businesses operate, accelerate the pace of operations and innovation and enable those business to do things they could never do before.
The Industry Cloud Newsletter will explore the booming demand from business leaders for industry-specific cloud applications that work with but also transcend the traditional ERP, HCM and CRM/CX applications.
This episode is brought to you by BMC Software.
