The relevance of cloud ERPs is growing more and more. Cloud-based, industry-specific ERP solutions allow industrial companies to be flexible, increase productivity while reducing costs, meet industry requirements, stay competitive and use continuously updated functional and technological improvements with no need to upgrade.
According to Gartner’s research, by 2024, 60% of enterprise SaaS applications will be composed from packaged business capabilities that provide data, analytical insight and operational application services. Over 50% of the leading cloud providers will address vertical business use cases by deploying composable industry clouds.
Recent 2022 Gartner® Critical Capabilities for Cloud ERP for Product-Centric Enterprises report discusses product-centric Cloud ERP and how they help companies configure customized combination of capabilities to match their size and vertical industry needs.
The Critical Capabilities report provides six use cases that cover functional areas of cloud ERP.
Infor CloudSuite scored the highest in 3 out of 6 use cases in the report including for Discrete Manufacturing, Process Manufacturing, and ERP for Midsize Enterprises.
Infor also entered the top four in the cloud ERP categories for Large and Global Enterprises, for Project/Asset-Intensive Manufacturing and for Distribution of Goods.
Infor CloudSuite solutions are effective for midsize, large and global enterprises that require both administrative and operational ERP functionality in complex industries, like industrial equipment, automotive, aerospace and defense, consumer goods, food and beverage, fashion, and wholesale distribution sectors. Infor Industry-specific cloud solutions allow companies to combine functional capabilities matching their size and vertical industry needs.
Download full report: https://www.infor.com/resources/gartner-evaluates-composable-cloud-erps