Infor Shows Strong Growth in China
20 June 2008 | News | Source: Infor
Infor today announced its strong growth in China continues, with a 30 percent increase in new customers over the past 12 months compared to the previous fiscal year. Infor made the announcement in conjunction with Infor CEO Jim Schaper’s visit to the country, highlighting China’s importance as one of the company’s fastest growing markets.
Infor’s strength in China mirrors its rapidly industrializing economy, with robust customer growth in industrial equipment & machinery (IE&M), high tech & electronics (HT&E), automotive, financial services, textiles, third-party logistics (3PLs), and across many other vertical areas of manufacturing, distribution and services. Infor’s ability to offer complete, localized industry solutions, such as the recent launch of Infor Automotive Essentials in China, is a key selling proposition for Chinese companies seeking business software to help them succeed in domestic and international markets.
Infor helps fast growing China-based companies improve their core business software in areas such as Enterprise Resource Planning (ERP) and Supply Chain Management (SCM). As the needs of China’s midsized enterprises continue to evolve, and the requirements of larger mature enterprises grows, Infor solutions provide support for continued growth through a complete set of extended business solutions like Product Lifecycle Management (PLM), Enterprise Asset Management (EAM), Financial Management (FM) and Performance Management (PM).
Within the past 12 months, key representative wins for Infor in China include:
• Kunshan Feili Storage Service Co., Ltd. – a leading 3PL based in Jiangsu province chose Infor SCM Warehouse Management to replace its custom warehouse software
• Smart Shirts Ltd. – a subsidiary of The Youngor Group, a $2 billion leading Chinese fashion and apparel enterprise, Smart Shirts is a top 10 Hong Kong-based contract apparel manufacturer that is an existing customer of Infor ERP System21 and Infor PLM Runtime. Smart Shirts significantly expanded its relationship with Infor, adding additional modules, users, and sites, in addition to their Hong Kong headquarters software implementation
• Zhongxing Auto – a leading domestic automotive manufacturer, including the Zhongxing SUV and Pickup Truck series, selected Infor EAM Enterprise Edition, extending its original investment in Infor ERP LN, which it selected in early 2007
• Geoby Paragon – part of GOODBABY Group, China’s largest manufacturer of infant and children’s products, this company selected Infor ERP LN as its enterprise resource planning system to support its manufacturing operations that include bicycles, electric bikes, wheelchairs, and baby beds
“Infor has become one of the largest and most influential software companies in the world and this is reflected by our growth in China, one of the world’s most important emerging markets,” said Lawrence Chan, president, Infor Asia Pacific. “Chinese companies require software solutions that support efficient business processes, which can be rapidly deployed for a fast time to value, and provide a stable technology foundation for future growth. Our ability to deliver this, and the leading services and support delivered by our local team and partners, is the key to our strength in China.”
Infor has offices in Beijing, Shanghai, Hong Kong, and Guangzhou, and more than 350 direct employees. In Shanghai, Infor also operates a R&D Center which plays a key role in the development of Infor’s Financial Management solutions, among others, leveraging China’s highly skilled pool of software development talent. In addition, Infor has strong partners in China, such as Quantum Asia, an original partner of Lilly Software, which Infor acquired in 2004.
“Since Infor’s acquisition of Lilly Software, we have seen continued investment and improvement in the Infor ERP VISUAL product it acquired from Lilly Software and we are now also able to offer our customers Infor’s other leading ERP and Supply Chain Management solutions,” said Ben Liu, general manager, Quantum Asia Solutions. “Infor’s focus on making software better has had a positive impact on our business and, most importantly, that of our customers. As a strategic Infor partner, we can offer a complete range of solutions, localized for Chinese companies, and that capability makes Infor different from other business software vendors in the market.”
Read about Infor in the PLM directory