Jim Schaper, Infor CEO, Issues Statement on SAP Strategy for Mid-Market



    Today SAP issued a press release announcing its strategy to pursue
    the mid-market. Jim Schaper, CEO of Infor, a leading global provider
    of enterprise software solutions, issued the following statement in
    response.

    "One has to wonder if SAP truly understands the mid-market or
    whether this strategy is solely an effort to detract attention from
    the slowing growth of their Fortune 500 base. Medium-sized customers
    do not want all-in-one products that need massive customization
    efforts to address their line of business. That approach is a relic of
    the past, when ERP implementations were akin to corporate open heart
    surgery. Infor has built a strong growing company on delivering
    solutions with industry experience already built in. The bottom line
    is that customers want more functionality, less complexity and the
    lowest total cost of ownership. That is not the plan we see from SAP."

    Infor Facts:

    -- Created in 2002; $2.1 billion USD revenue; 8,100 employees

    -- Infor has more enterprise software customers than SAP --
    70,000

    -- Infor's business model fills a void in the market by providing
    customers, through acquisition and innovation, with proven,
    business-specific solutions.

    -- Business specific functionality and best practices are already
    built-in to Infor's solutions which speeds implementation and
    lowers total cost of ownership.

    -- Industry experts recognize Infor for its lowest total cost of
    ownership and business-specific experience