Charles Phillips: Infor at full year of growth

After a full year under the strategies put in place by the new management under CEO Charles Phillips, Infor has grown considerably. The company reports a 17% annual organic license growth in the past year, with the most recent quarter receiving 16% organic license growth on November 2011. It also reports improved EBITDA margins at 27%, with new customer additions and support subscriptions acceleration.

From Charles Phillips

At the second fiscal quarter, Infor reports growth in its enterprise resource planning business—representing the core of the company’s services—by up to 25% compared with last year. This strong financial performance is the acme of the major internal transformation the company has undergone within the past year, driven as it was by major investments in industry-specific business applications. The company now has 2,500 new customers and expanded its relations with 12,000 of its current customers.

From Charles Phillips

These and other changes were spearheaded by Charles Phillips; Infor has, in the first few months of his management, been turned upside down with its resources shifted toward engineering, hiring 500 new engineers in the process. The company has also moved to New York City’s “Silicon Alley.” Other improvements include a new product line—Infor10—and a strategic partnership with Salesforce.com, a leader in enterprise cloud computing software.

From Charles Phillips

For Charles Phillips, Infor is up for an exciting new year as 2012 offers more opportunities for growth. More information can be accessed on Twitter.

Business as usual for Charles Phillips and Infor: The Lawson acquisition

From Charles Phillips

Acquisitions are an important aspect in the enterprise software industry. No one knows this better than Charles Phillips, Infor’s new CEO. Having been instrumental in the string of high-profile acquisitions that brought Oracle to the top, Phillips has changed his overall goals and kept out of the limelight, but his strategy remains the same.

While the acquisitions he has planned for Infor would focus mainly on compatibility, they are by no means small. His recent low-profile in the industry (a far cry from his days as Oracle president) is not without purpose or fruit: he and his team have been planning a new direction for the company, leaving the first indelible mark through the acquisition of Lawson Software in 2011.

From Charles Phillips

Costing over 2 billion, the Lawson acquisition cemented Infor as the third largest ERP company in the industry, next to Oracle and SAP. A large achievement for Charles Phillips and Infor, the acquisition of the company, which focuses on software applications for healthcare, came uncontested from the bigger players.

The company was chosen because its products are complementary with those of Infor and would be easily integrated to the company’s new middleware layer, which reflects one of Charles Phillips’ many aims for the company in the future. Many of Infor’s future acquisitions are planned with this in mind.

More information on Charles Phillips and Infor can be accessed via Twitter.

From Charles Phillips