Infor, a leading provider of business application software serving over 70,000 customers, has announced that it will expand its engineering organisation by hiring approximately 400 additional software developers.

“We will ship significantly more new features and new releases this year than ever before. This investment in core research and development is a milestone in Infor’s commitment to innovation,” says Soma Somasundaram, senior VP, global product development.
“All of our existing and newly hired engineers will focus on one thing – building great applications.”
This accelerated investment comes after the first quarter closed under the leadership of the new management team.
“Our third quarter results have put us in a strong position for our second half, and we saw great performance on both the top and bottom lines for the quarter,” says Stephan Scholl, executive VP of global field operations.
“Our license growth of 17% and increased cash operating margins of 24% demonstrates the strength of the momentum we are seeing. Strong revenue performance and improved operational efficiency has increased our operating margins and generated cash flow beyond our targets for the quarter.
"The improved margins, along with further improvements in operating efficiencies, will fund the additional investment in product development.”
“Customers are responding well to the new releases, standards based integration through our ION platform, and our planned consumer-grade user experience. We added 400 net new customers in the quarter. For existing customers, our plan is to increase the value of support by delighting them with deep industry features they asked for and others they didn’t expect,” says Duncan Angove, president of products, support and marketing.
Infor will immediately begin to recruit development staff, with plans to complete the expansion before the end of 2011.
The focus of innovation will be on both Infor’s core industry-specific applications in manufacturing, distribution, public sector and hospitality, and also on Infor’s best in class cross-industry applications, including financial management, asset management, workforce management, customer relationship management, supply chain management and product lifecycle management.