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Infor positioned as a Leader in the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises

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Mumbai (Maharashtra) [India], September 29 (ANI/BusinessWire India):(https://www.infor.com) Infor, the industry cloud company, today announced that Gartner® Inc. has positioned Infor as a Leader in the 2021 Gartner Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises.

Infor’s position as one of the Leaders in this Gartner Magic Quadrant was based on Gartner’s evaluation of Infor’s industry-specific CloudSuite solutions, which are powered by its LN, M3, and SyteLine ERP platforms.

To download a complimentary copy of the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises, published Aug. 24, click (https://www.infor.com/resources/gartner-names-cloudsuite-solutions-as-leader) here.

“Infor is proud to be recognized as a Leader in this Gartner Magic Quadrant,” said Soma Somasundaram, Infor Chief Technology Officer and President of Products. “We believe Infor differentiates itself in the market with our industry-specific, multi-tenant cloud ERP solutions (CloudSuites), which are built with a high degree of API-centricity and data-centricity.”

“These solutions are smart, preconfigured and modern, so we can help customers grow and digitally transform their businesses, recognize faster time-to-value, and continue to innovate,” he noted. “Customers can take advantage of the fact that our platform is flexible and extensible, includes built-in industry standard practices, and is designed to be easy to use.”

In its 2021 Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Gartner notes that, “The ERP for product-centric enterprises market is accelerating its transition to cloud deployment models. ERP application leaders should use this Magic Quadrant to evaluate cloud ERP application suites as part of a composable ERP strategy.”

According to the Gartner report, “By 2023, organizations that have successfully renovated their ERP platforms will achieve at least a 40% improvement in IT agility to deliver business outcomes.”

In addition, the report stated, “By 2023, 60% of product-centric enterprises will utilize standardized ERP capabilities on a composable ERP platform.”

Gartner also wrote in the report that, “By 2024, 60% of enterprise SaaS applications will be composed from packaged business capabilities that provide data, analytical insight and operational application services.”

Infor CloudSuite solutions are industry-specific and are delivered as cloud services on Amazon Web Services’ (AWS’) secured and scalable infrastructure. Infor CloudSuites utilize Infor’s leading technology platform, Infor OS, to power next-generation user experiences, integration and workflows – which can help increase productivity and collaboration. Visit (https://www.infor.com/solutions/erp/industry-erp) to learn more.

Gartner, Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Tim Faith, Denis Torii, Paul Schenck, Dixie John, Abhishek Singh, 24 August 2021.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact.

Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

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(This story has not been edited by PRESS24 NEWS staff and is auto-generated from a syndicated feed.)

 

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Flipkart to deploy over 2,000 EVs in delivery fleet ahead of festive season

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Walmart-owned Flipkart on Wednesday said it will deploy over 2,000 electric vehicles in its delivery fleet prior to the festive season and the Big Billion Days.


“These 2,000 electric two-wheelers and three-wheelers have been deployed across 90 cities in India and will help deliver smiles this festive season sustainably,” a statement said.





Earlier this year, Flipkart had committed to deploying 25,000 EVs in its supply chain by 2030 towards its transition to 100 per cent fleet electrification as part of its collaboration with The Climate Group’s EV100 campaign.


Flipkart Head – Sustainability and Social Responsibility Mahesh Pratap Singh said the festive season is about creating progressive value for all stakeholders.


“…we are proud to uphold our promise to our customers to bring them a sustainable festive season with each order. The Flipkart teams have come together to ensure our delivery executives are delivering to thousands of pincodes across 90 cities in more than 2,000 electric vehicles,” he added.


Some of these cities include Bengaluru, Delhi/NCR, Mumbai, Chennai, Waidhan, Hyderabad, Vidisha, Shajapur, Jhabua, Pune, Sonai, Mysore and Rampur.


The homegrown e-commerce company also highlighted that it is going plastic-free for millions of packages.


“After successfully eliminating single-use plastic in its own supply chain in July this year, more than 75 per cent of Flipkart’s seller fulfilled shipments are now being processed in sustainable packaging, marking a 20x increase over July 2020 covering more than 70 facilities across India,” the statement said.


The sustainable packaging alternatives were co-created with seller partners to customise designs catering to durability, size constraints and cost efficiency for different product categories.


In a separate statement, Flipkart said it is working actively with its Flipkart Samarth artisans, weavers and handicraft makers to enable their livelihoods and business growth, ahead of the eighth edition of its flagship festive event, The Big Billion Days (TBBD).


“This TBBD, the artisans and weavers who are part of the program, have curated a special line of products under the theme ‘Artforms of India’ as they tap into the pan-India consumer base who shop online during the festive season,” the statement said.


Flipkart Samarth programme has grown 7x in sales since last year and now impacts 9.5 lakh livelihoods by providing artisans, weavers and handicrafts makers with greater market opportunities and hand-holding them to make them comfortable with digital commerce.


Last year, the artisans who were a part of Flipkart’s annual festive event saw a 2.5x increase in their revenue compared to the non-festive period, the statement said.


“With a larger number of beneficiaries associated with us this festive season, we are looking forward to giving them an inclusive platform where they can showcase their diverse products, through a dedicated storefront and collection. Our aim is to ensure that Indian consumers while making a purchase, are able to envision their contribution in impacting the livelihoods of these communities, Jagjeet Harode, Senior Director and Head – Marketplace at Flipkart, said.


E-commerce platforms Amazon and Flipkart have also announced sale events (starting October 3) and are lining up new launches and offers to woo shoppers. Players hold multiple sale events around Dussehra and Diwali.


E-commerce companies see a large chunk of their business coming in during the festive sales and they make significant investments ahead of time to ramp up their capacity and add features to be able to handle the spike in orders while ensuring a smooth experience for shoppers and sellers.


According to consulting firm RedSeer, e-commerce platforms are expected to potentially clock over USD 9 billion gross GMV (gross merchandise value) during the festive season this year as against USD 7.4 billion last year, a growth of 23 per cent.

(Only the headline and picture of this report may have been reworked by the PRESS24 NEWS staff; the rest of the content is auto-generated from a syndicated feed.)


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Invesco moves NCLT against Zee, petition to be heard on Thursday

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Invesco Fund, the 18 per cent shareholder in Zee Entertainment Enterprises (ZEEL), has moved the National Company Law Tribunal – asking the company to call an extraordinary general meeting of shareholders to induct its nominees on the company’s board. Invesco has moved NCLT under Section 98 (1) & 100 and has sought NCLT’s intervention to direct Zee Entertainment to call for EGM.


Earlier this month, Invesco, an Oppenheimer Holdings-backed fund, had asked ZEEL board to appoint six of its nominees on ZEEL board and had asked the company to call an EGM. Invesco also wanted ZEEL’s current CEO and MD, Punit Goenka to be removed. Goenka is son of Essel group patriarch, Subhash Chandra, and the family currently owns only 4 per cent stake in the company.





NCLT will hear the petition tomorrow.


When contacted, a ZEEL spokesperson said: “The Board of the company remains committed to act within the framework of law and is focused towards enhancing the company’s growth and shareholder value. It is in the process of taking the required steps within the statutory period. The company does not wish to comment on any impulsive or premature steps taken by Invesco Developing Markets Funds and OFI Global China Fund, LLC.”


ZEEL shares closed flat at Rs 310 on Wednesday.


In a letter dated September 23, Invesco and Oppenheimer Funds asked ZEEL to adhere to its fiduciary duties and not violate its statutory obligations to convene the EGM as requisitioned by Invesco on September 11. “We urge the board to reflect on this communication and act in the best interest of the company, its public shareholders and uphold the highest standards of corporate and board governance,” Invesco said.


Soon after Invesco’s first letter, ZEEL announced a merger deal with its rival Sony Pictures, creating a $2-billion revenue company with a 25 per cent market share.

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PRESS24 NEWS has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

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Ex-diplomat Fumio Kishida wins Japan party vote, to become new PM

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