Infor Named a Leader in Gartner 2019 Magic Quadrant for Enterprise Asset Management Software

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Infor CloudSuite EAM continues to help organizations transform asset performance and maintenance productivity

 

NEW YORK, US – Media
OutReach
 – 11
December 2019 – Infor, a global leader in business cloud software specialized by industry, today
announced that the company was recognized as a Leader in the Gartner 2019 Magic Quadrant for Enterprise Asset Management
Software
for Infor EAM.1 Per Gartner, key
characteristics of Leaders include: broad and deep EAM offerings, proven
success in moderate- to high-complexity environments, participation in a high
percentage of new deals, a strong and consistent track record, high customer satisfaction ratings in multiple categories, consistent
performance and vigorous client growth and retention, enduring visibility in
the marketplace from both sales and marketing perspectives, a proven ecosystem
of partners, and a global scale.2


Infor Named a Leader in Gartner 2019 Magic Quadrant for Enterprise Asset Management Software - Brand Spur

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The report also notes that, “Leaders combine the
characteristics of vision and thought leadership with a strong ability to
execute. Leaders in the EAM market are present in a high percentage of EAM
evaluations, and they win a significant number of them. They have robust core
functionality and offer reasonable –although not necessarily leading-edge —
capabilities in all EAM areas. Their offerings must meet all mainstream
maintenance requirements in complex industries without significant
modifications, and references must be available to validate this. Leaders must
anticipate where customer demands, markets and technology are moving, and must
have strategies to support these emerging requirements ahead of actual customer
demand. Leading vendors should have coherent strategies to support IoT and OT integration and APM, and must
invest in, and have processes to exploit, innovation. Leaders also have market
momentum and strong client satisfaction — both in the vendor’s local markets,
as well as internationally. Because Leaders are often well established in
leading-edge and complex user environments, they benefit from a user community
that helps them remain in the forefront of emerging needs.” 3

 

Infor CloudSuite EAM is robust asset management software that can
help leading organizations digitize and optimize maintenance operations. The
solution supports specialized requirements for asset and work management,
materials and procurement management, budget and inspection management, and
project and safety management.

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“Infor
is helping its customers reach new levels of efficiency and is helping them
identify problems before they even start, with its highly scalable and modern
EAM solutions,” said Kevin Price, Infor CloudSuite EAM technical product
evangelist. “Our team is committed to our customers’ success, and we believe
being recognized as a Leader again for Infor CloudSuite EAM is a testament to
our innovation and modern thinking throughout the years, which has been focused
on helping to keep our customers operating and performing at optimum levels.”

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For
more information please visit: Infor named a Leader in
the 2019 Gartner Magic Quadrant for EAM Software
 

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1Gartner, Magic Quadrant for Enterprise
Asset Management Software,
Kristian Steenstrup and Nicole Foust, October 14, 2019

2 Gartner, Magic Quadrant for Enterprise
Asset Management Software,
page 30, Kristian Steenstrup and Nicole Foust October 14, 2019

3 Gartner, Magic Quadrant for Enterprise
Asset Management Software,
page 29-30, Kristian Steenstrup and Nicole Foust, October 14, 2019

 

Gartner
disclaimer

Gartner
does not endorse any vendor, product or service depicted in its research
publications, and does not advise technology users to select only those vendors
with the highest ratings or other designation. Gartner research publications
consist of the opinions of Gartner’s research organization and should not be
construed as statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose. 


About Infor

Infor
is a global leader in business cloud software specialized by industry. With
17,300 employees and over 68,000 customers in more than 170 countries, Infor
software is designed for progress. To learn more, please visit www.infor.com.

 

Infor
customers include:

  • The
    top 20 aerospace companies
  • 9 of
    the top 10 high tech companies
  • 14 of
    the 25 largest U.S. healthcare delivery networks
  • 19 of
    the 20 largest U.S. cities
  • 18 of
    the top 20 automotive suppliers
  • 14 of
    the top 20 industrial distributors
  • 13 of
    the top 20 global retailers
  • 4 of
    the top 5 brewers
  • 17 of
    the top 20 global banks
  • 9 of
    the 10 largest global hotel brands
  • 7 of
    the top 10 global luxury brands

Infor Named a Leader in Gartner 2019 Magic Quadrant for Enterprise Asset Management Software - Brand Spur

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Latest News

Singapore Employees Lack Retirement Support From Companies While Financial Wellbeing Becomes a Top Priority: Aon Survey

SINGAPORE - Media OutReach - 14 April 2021 - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has released the findings of the 2021 Trends in Retirement & Financial Wellbeing survey for Singapore.


Working adults in Singapore ranked retirement planning as their top priority but an alarming 80% underestimate how much they really need to retire. While retirement support from employers is also lacking, further challenges remain around transparency in group retirement plans' investment offerings and employees foregoing long-term perspectives to seek short-term gains.


Ashley Palmer, Regional Managing Partner, Retirement & Investments, Asia for Aon, said, ""Employers can have a significant impact on how much their employees save by instilling smart habits and healthy money behaviours. The right long-term savings vehicles, effective communications and financial tools will help Singapore's workforce be more financially resilient in the wake of the COVID-19 pandemic."


The survey identifies three main themes in financial wellbeing and retirement support for Singapore employees.


Financial wellbeing support is the new employee expectation. As a result, close to 40% of employers rank an employee financial wellbeing strategy as their highest priority, followed by emotional and mental wellbeing support. The survey shows that 70% of Singapore employers will formulate or execute financial wellbeing programmes throughout 2021, in line with employee expectations. Companies also view offering a financial wellbeing programme critical in increasing employee engagement and remaining competitive in the talent market.


There is an increasing trend of employer-led supplementary savings plans. Currently, 22% of companies surveyed offer Central Provident Fund (CPF) top-up contributions to citizens and Permanent Residents. But, close to 40% of the working population in Singapore are foreigners who do not have access to CPF and are likely to have foregone their retirement benefits in their home countries. To bridge this gap, and to provide equitable retirement benefits to all employee groups, close to 50% of the organisations surveyed offer supplementary retirement benefits to their foreign staff. Financial services firms are leading in this practice, followed by the technology and the healthcare sectors.


Promisingly, a third of organisations in Singapore are prioritising a thorough review of their supplementary retirement arrangements in 2021.


Alicia Brittain, Senior Consultant & Actuary, Retirement & Investments, Singapore for Aon, said, "Forward-looking companies first need to understand the financial worries of their employees and identify the gaps in their benefits offering. The most effective approaches are aimed at changing individual behaviours towards money and savings and providing accessible programmes and vehicles to deliver sustainable change. For example, when organisations provide retirement benefits as cash-in-lieu, it is most likely immediately spent and so does not form part of an emergency fund or long-term savings for the employees' retirement years. Supplementary retirement plans solve this issue and are more flexible and cost effective - and can also offer contributions above the monthly CPF wage cap to increase employee savings."


Employees in Singapore lack a well-defined default investment strategy. Less than 30% of the surveyed companies in Singapore currently offer their employees an investment choice in their retirement plans, and only 15% of retirement plans have a default investment fund. This leads to employees selecting their own optimal investment funds. They may lack experience in understanding investments, which can lead to misallocating their money and result in inadequate retirement savings or excessive risk taking.


Brittain added, "The key to protecting employees and adding value to savings in any defined contribution retirement plan is a well-defined default investment strategy. This includes frequent performance monitoring, actively managing investment risks and dynamically reducing investment risk as employees move towards retirement."


Notes to Editors

The Aon 2021 Trends in Retirement & Financial Wellbeing for Singapore survey was designed to help organisations understand the unique retirement and financial needs of their Singapore workforce. This tri-annual survey was completed by organisations with employee populations ranging from five to over 4,000 and are based in Singapore. Responding Rewards and Benefits Leaders, HR and Finance Professionals provided feedback and insight on their organisations' financial wellbeing and retirement programmes, interests and concerns. Click here for the full report.

About Aon

Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Follow Aon on Twitter and LinkedIn


Stay up to date by visiting the Aon Newsroom and hear from Aon's expert advisors in The One Brief.


Sign up for News Alerts here

Infor Named a Leader in Gartner 2019 Magic Quadrant for Enterprise Asset Management Software - Brand Spur
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