The systems of record employed to run the enterprise — ERP, CRM, HR, manufacturing, etc. — may not be the most thrilling software, but their successful implementation plays an outsized role in ensuring a smooth-running business. Oracle and SAP loom large as the broadest, deepest vendors in the space. But Charles Phillips, CEO of New York-based Infor, wants to elbow his way into the top tier.
How? In part by launching an IPO in 2019 or 2020, as Phillips explained in a recent interview with CIO. “We’re probably a much larger company than people recognize by our brand,” says Phillips, who served as co-president of Oracle from 2003 through 2010. “The easiest way to brand the company immediately is have a top-ten tech IPO of all time, as this would be, and the biggest one in New York. New York wants a big high-tech IPO. It’s never had one.”
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(Insider Story)
Read More from This Article: Infor CEO: Our IPO will take us to the next level
Source: News