Software company Infor today announced it will hire approximately 400 software developers group-wide.
Soma Somasundaram, senior vice president, global product development, said: “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. All of our existing and newly hired engineers will focus on one thing – building great applications.”
The investment comes after the first quarter closed under the leadership of the new management team. Stephan Scholl, executive vice president of global field operations, said: “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. Our license growth of 17% and increased cash operating margins of 24% demonstrate the strength of the momentum we are seeing.”
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.
Duncan Angove, president of products, support and marketing, added: “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. ”