Infor Agrees to Acquire GT Nexus to Redefine the Global Commerce Cloud
FREMONT, CA: Infor, a provider of ERP software, announces that it has signed an agreement for acquiring GT Nexus, a provider of cloud-based business network and commerce platform.
GT Nexus provides an order management system that coordinates commerce across partners. It allows retail, fashion, and manufacturing companies to collaborate with suppliers in managing and optimizing shipments to customers, distribution centers, and retail outlets hence meeting demand.
Infor’s CloudSuite technology will be added to the GT Nexus network enabling businesses to take a step further in combining merchandising, marketing, and demand data for improved sales, operations, and production planning. CloudSuite industry suite and CloudSuite Fashion are multitenant applications that are delivered on Amazon Web Services (AWS). It has fashion and retail customers that utilize GT Nexus.
The consolidation of the CloudSuite applications and GT Nexus is said to represent the future of multi-enterprise manufacturing and commerce. Increasing specialization creates more complex supply chains that require a unifying cloud service, the company claims.
“Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest. In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud,” says Charles Phillips, CEO, Infor.
GT Nexus and Infor CloudSuite have similar architectures; both have a single canonical map for orders, are event driven, and make use of open source components. GT Nexus is a service with one code base for all customers providing a single view of the order across the value chain. The canonical map allows suppliers to join the network once and talk to all buyers, as opposed to implementing custom maps and portals for each buyer, which is required in legacy networks.
Infor and GT Nexus aim to create the first global commerce cloud with end-to-end control and visibility for the production of direct goods.