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IFS vs Infor
May 28, 2023 | Author: Michael Stromann
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Sweden-based enterprise software solution provider, IFS develops and delivers ERP, EAM, FSM and ESM to businesses worldwide. From cloud technology to easy-to-use interfaces, our solutions are for customers who maintain assets, manage service operations, or manufacture and distribute goods.
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Cloud SMB and Enterprise ERP software for industries including Manufacturing, Healthcare, Retail, ... Our cloud-first strategy provides our customers with deep industry insights, faster time to value, and scalable innovation
IFS and Infor are both leading providers of enterprise resource planning (ERP) software solutions, but they have some key differences in terms of target industries and functionality.
IFS specializes in providing industry-specific ERP solutions, particularly for sectors like manufacturing, construction, service management, and field service. Their software offers robust features to support complex manufacturing processes, project management, supply chain management, and service operations. IFS also emphasizes mobility and IoT capabilities, enabling real-time data capture and integration with other systems. They focus on delivering a comprehensive end-to-end solution tailored to specific industry needs.
Infor, on the other hand, offers a broad range of ERP solutions for various industries, including manufacturing, distribution, healthcare, and hospitality. Their software provides features for financial management, supply chain management, human capital management, and customer relationship management. Infor also incorporates industry-specific functionality and analytics to support informed decision-making. They offer both on-premises and cloud-based deployment options, allowing organizations to choose the most suitable approach.
See also: Top 10 Online ERP software
IFS specializes in providing industry-specific ERP solutions, particularly for sectors like manufacturing, construction, service management, and field service. Their software offers robust features to support complex manufacturing processes, project management, supply chain management, and service operations. IFS also emphasizes mobility and IoT capabilities, enabling real-time data capture and integration with other systems. They focus on delivering a comprehensive end-to-end solution tailored to specific industry needs.
Infor, on the other hand, offers a broad range of ERP solutions for various industries, including manufacturing, distribution, healthcare, and hospitality. Their software provides features for financial management, supply chain management, human capital management, and customer relationship management. Infor also incorporates industry-specific functionality and analytics to support informed decision-making. They offer both on-premises and cloud-based deployment options, allowing organizations to choose the most suitable approach.
See also: Top 10 Online ERP software
IFS vs Infor in our news:
2021. IFS Launches IFS Cloud
IFS has introduced IFS Cloud, a unified platform that seamlessly integrates all of its products to provide comprehensive capabilities for managing customers, personnel, and assets. This platform enables customers to choose between deploying best-of-breed solutions or harnessing the power of interconnected value chains across various functionalities, including enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM), asset management (EAM), and field service (FSM). With IFS Cloud, the company delivers a distinctive technology platform that offers a unified user experience, a standardized data model, and consistent support services. IFS Cloud brings simplicity, flexibility, and innovation to organizations seeking to adapt to new business models, optimize costs, expand rapidly, and enhance customer service. By adopting IFS Cloud, companies can easily scale their operations and seamlessly activate new functionalities, such as additional modules or innovative capabilities, when the timing aligns with their business requirements.
2020. Koch Industries acquires Infor ERP for $13B
Infor, a leading provider of large-scale cloud ERP software, has recently announced its acquisition by Koch Industries for a staggering $13 billion. Koch Industries, which already served as a significant customer and lead investor in Infor, made the strategic decision to retain the ERP vendor as a private entity. With its extensive global presence, spanning diverse industries across 60 countries, Koch brings valuable resources, expertise, and industry relationships to support Infor's continued growth and innovation. Despite being relatively under the radar, Infor is a major player in the industry, boasting a workforce of over 17,000 employees and serving 68,000 customers across more than 100 countries. In 2018 alone, Infor's expansive customer base generated an impressive $3 billion in revenue.
