
Infor Velocity Summit 2024: AI, Process Mining, Data, and Ecosystem
Description
Infor Velocity Summit 2024: AI, Process Mining, Data, and Ecosystem
This IDC Market Note analyzes information gathered at the recent Infor Velocity Innovation Summit, held on October 21 to 23, 2024, in Amsterdam. Infor invited customers, partners, press, and analysts to the summit and flew in its senior executive leadership. This document presents IDC's key takeaways as well as recommendations to Infor."Infor has made an impressive transition to become a SaaS applications company and is steadily progressing toward an 'eclipse' — the point at which over half of product revenues stem from SaaS subscriptions. IDC recommends that the company do more in brand building and public relations and more importantly, accelerate its ecosystem buildout," said Bo Lykkegaard, associate VP of European software research at IDC.
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