A Review of Infor Velocity

Like other vendors in the space, Infor understands how the market is evolving and is driving to help customers thrive in the new era. As Infor continues to grow, currently in over 157 countries with 15,000+ customers in the cloud, and more to come from the CloudSuite.

What is Coming from Infor

Across the software market, around $30 to $40 billion has been invested into adopting and developing Generative AI, but a vast majority of organizations have yet to realize return on their investments. This is partially because success factors for AI initiatives have not been clearly defined. Conversely, Infor has clearly defined their perspective on success criteria:

• Have a trusted vendor with scalable options.
• Hold a deep understanding of unique industry workflows.
• Transforms with minimal disruption to current tools.
• Provides clear boundaries for data usage and security.
• Prioritizes the ability to continuously improve over time.

Additionally, the Infor strategy for success begins with industry specificity across the ERP and all other enterprise applications. The developers at Infor are offering micro-vertical functionality alongside specific data models, all within a suite of applications achieving continuous innovation, keeping the product current, always. Innovation and industry specificity is achieved through industry councils that document and share industry needs that are ultimately built into a leaner code base. Each of these components work together to deliver value to discrete manufacturers, process manufacturers, healthcare organizations, distributors, and more.

This has been further supported through smart standardization by leveraging Infor’s industry processes catalog. Infor has packaged best practices into this catalog for helping businesses succeed by applying technology built for their industries and micro-verticals’ unique processes. Programs like this guide businesses in achieving ROI that is often difficult due to misunderstandings regard their unique needs. By utilizing technology, businesses can improve predictability and stay ahead.

Innovation starts in Infor’s Industry Cloud Platform, an open-source platform for all of your data, enabling companies to access innovative tools, including:

• Machine Learning
• Robotic Process Automation
• Process Mining
• Industry AI
• Generative AI
• And more

Infor Velocity Suite

Within the Velocity Suite, Infor introduced Industry AI Agents with micro-vertical specificity building off the evolution of AI. Infor offers solutions to meet the needs of evolving businesses, including Infor Augmented Intelligence Service, Infor Value+ Solutions, and Infor Process Mining through the Infor Velocity Suite. In the world of generative AI, Infor has been at the forefront of developing LLMs, Infor GenAI Assistant, and the next level of Infor Industry AI Agents.

Infor’s AI Agents are the focus of Infor’s next evolution in automation. By developing rules-based Robotic Process Automation, functionality can be achieved without a foundational model, allowing customers to more quickly deploy and utilize solutions. With new tools available to customers, they can benefit from AI with context, driving smarter automation with better outcomes.

With Infor Value+ Solutions, customers are benefiting from pre-configured industry use cases that meet the needs of unique business models and agentic process automations. All of this is within the Infor Velocity Suite.

Infor Process Mapping

Infor is taking steps to diagnose areas of inefficiency and waste plaguing businesses through its process mining solutions. Customers can identify areas for improvement utilizing generative AI for instant results. Through that process, customers compare their processes with their standards against industry best practices to identify opportunities for improvement.

Within the process mining tool, customers can converse with an embedded assistant who will make suggestions for improvements and streamline opportunities when able.

Infor Leap

The journey from on-premises to the cloud is paved with risk. Infor aims to “derisk” the transformation journey with policies to keep projects on time, on budget, and on value. This is accomplished through three crucial steps across readiness, deployment & adoption, and value realization. They want clients to get to the cloud and continuously achieve greater value.

With Infor Leap, this process has become a bit easier. Infor is offering no-additional software fees to customers for the first year, along with a two-year satisfaction guarantee and a year of access to the Infor Velocity Suite for free. This offering also included readiness preparation through complimentary cloud readiness workshops, all working together to deliver real value to customers within the Infor platform.

Conclusion

Infor’s approach to agentic AI is practical and will meet the needs of many businesses across manufacturing, distribution, and healthcare. The continuous innovation model ensures companies are getting the most from their software solutions, and Infor Leap is a way for them to get there. If you need help navigating an Infor upgrade or evaluation, schedule a free consultation with the experts at ERP Advisors Group today!