According to Gartner, “By 2025, the top four ERP vendors will rebrand themselves as business platform providers.” And, “By 2022, 30% of large enterprises will have moved to a platform- and product-centric approach with standardized ERP capabilities at the platform core.”
The trend is clear. The market for ERP platforms and suites for product-centric enterprises is shifting from on-premises deployments to cloud services. “Public cloud SaaS solutions that support operational ERP capabilities are maturing fast and are now viable for midsize, large and global enterprises.”
Gartner recognizes Infor CloudSuite™ solutions as Visionary in the 2020 Magic Quadrant for Cloud ERP for Product-Centric Enterprises. According to Gartner, “Application leaders responsible for ERP applications should use this Magic Quadrant to evaluate solutions for moving ERP business capabilities to the cloud.”
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Gartner: Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Tim Faith, Duy Nguyen, Denis Torii, Paul Schenck, Christian Hestermann, 22 June 2020.