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Infor announced significant platform technology updates to its industry-specific CloudSuite portfolio on Day One of the company’s 2024 Infor Velocity Summit, including a GenAI Assistant, process mining capabilities, and ESG Strategy Management, that enhance Infor’s suite of industry-specific products. Infor developed its multi-tenant CloudSuite tech stacks with out of the box, hyper-specific capabilities, redesigning the way organizations work and helping to reduce risk. This architecture enables Infor to offer industry specific automations, leveraging AI and machine learning, which are pre-configured solutions that customers can easily deploy without disruption to core systems.
Key Updates of Infor’s October Release
Turning conversations into business clarity with new GenAI Assistant and additional embedded experiences
The Infor GenAI Assistant, available in limited release starting October, enhances the user experience of Infor CloudSuites. This conversational assistance offers a more dynamic, intuitive, and actionable approach to interacting with industry-centric data, addressing time-consuming tasks such as managing manufacturing projects, analyzing requisitions, and tracking products.
Providing enhanced, accelerated visibility into business processes with Infor Process Mining
Users gain streamlined data definition, simplified export-import capabilities, efficient data loading, accelerated insights retrieval, and comprehensive insights analysis—all within a simple, easy-to-use, unified platform that enhances operational agility and decision-making effectiveness.
Helping customers stay on top of new compliance regulations with new modules for ESG Strategy Management and Execution
Infor announced new capabilities that allow organizations to develop a systematic approach to set, meet, and report on their organizational ESG goals. With this release, Infor is embedding ESG data and process improvements into day-to-day workflows for continuous improvement.
Industry-specific supply chain management enhancements help improve supply chain accuracy, reduce manual intervention, and speed time to value
Using AI and embedding purpose-built capabilities within Infor CloudSuites, Infor can unlock and unify data, reducing manual intervention, and accelerating time to value.
ARC's Take on the AI-Infused Renaissance of ERP:
We're seeing industrial-grade AI being infused in most enterprise software, prompting us to attach a new description of AI-infused ERP as the “Enterprise Renaissance Platform”. In our strategy report on Modernizing Industrial Software for the AI (R)Evolution, we highlight the pivotal role that ERP will likely play in driving the adoption of many Industrial AI use cases at scale.
For deeper analysis, check out why Infor is at the forefront of the Industrial AI (R)Evolution.