Monday 18 January 2016

Infor 'Predictix' growth in retail

LogoOn the surface it looks like a simple investment but Infor’s $25m stake in cloud pure play retail analytics software Predictix, which bought it a minority interest in the company, is another sign of the awakening of this business software giant, which we previously highlighted in Is Infor a serious threat in the Enterprise Software market?

Access to predictive and prescriptive analytics appropriate to the retail market is a significant gain for Infor but there is more to the investment because it is part of its concerted effort to crack the market for cloud applications applied to mission critical back office areas. How is is approaching the challenge is notable too. Infor is not alone in trying to open up the mid market cloud back office sector - suppliers as diverse as SAP, Unit4, NetSuite, Advanced Computer SoftwareAccess Group, K3 Business Technologies and Sage for example, have it in their sights, melding cloud and vertical capabilities in various ways, but Infor is building an increasingly dedicated and credible offering. Subscribers can read our analysis in HotViewExtra here.

Posted by Angela Eager at '19:14' - Tagged: cloud   investment   analytics   retail