Infor, a leader in industry-specific cloud solutions, has announced the general availability of the Infor Velocity Suite. This powerful suite of tools and services is designed to simplify process innovation and enable organizations to be more agile, adaptable, and innovative.Built on the Infor Industry Cloud Platform, the Velocity Suite offers advanced technologies and services that help businesses accelerate their transformation, enabling them to quickly diagnose, automate, and optimize processes.
Features of Infor Velocity Suite
- Diagnose with Infor Process Mining:
- Purpose: Infor Process Mining empowers businesses to gain deep insights into their operational processes. By analyzing these processes, organizations can identify inefficiencies, bottlenecks, and areas that diverge from the standard process model.
- Benefit: This diagnostic phase provides actionable insights, helping businesses pinpoint the critical issues affecting their operations and enabling targeted improvements.
- Automate with Infor Value+:
- Purpose: Once businesses have identified areas for improvement, Infor Value+ steps in to automate these processes using generative AI and robotic process automation (RPA).
- Benefit: Automation removes manual tasks, streamlines workflows, and ensures that improvements are implemented quickly and effectively, driving operational efficiency and cost savings.
- Optimize with Infor Value+ Catalog:
- Purpose: The Infor Value+ Catalog contains pre-built industry-specific solutions that combine generative AI and process automation to deliver value quickly.
- Benefit: These solutions can be implemented in just days or weeks, delivering immediate value and helping businesses enhance efficiency and productivity.
Customer Success Stories and Outcomes
- Efficiency Gains: Many customers have already experienced significant improvements through the use of Infor Velocity Suite. Notable outcomes include:
- Saving Thousands of Hours: Automation of manual, repetitive tasks has saved customers thousands of hours.
- Faster Issue Resolution: Customer support teams have achieved 90%+ faster issue resolution times.
- Profit Margins: Customers have reported millions of dollars in additional profit margins due to the operational improvements enabled by Velocity Suite.
- Customer Example – Xpress Boats:
- Business Impact: Xpress Boats, a manufacturer, has leveraged Infor Process Mining to improve its business processes. The company reduced expedited shipping costs by 50% and improved on-time delivery, allowing customers to enjoy their products sooner.
- Quote from Jennifer Terry, Information Systems Manager at Xpress Boats: “Infor Process Mining provides us with the speed and precision necessary to optimize our business processes, enabling us to consistently meet our goals and improve our bottom line.”
Infor Value+ Catalog of Solutions
Infor Value+ is an integral part of the Velocity Suite, offering a wide range of industry-specific solutions designed to drive efficiency across key business functions:
- Enterprise Automation: Automates manual tasks, improving operational efficiency.
- Insights: Generates analytics and reporting that support better decision-making.
- Advanced Workspaces: Consolidates relevant information and actions for users, improving task completion efficiency.
These solutions are designed to be implemented rapidly, providing businesses with significant operational benefits in just a short period.
Industry Recognition
- IDC’s Perspective: Mickey North Rizza, IDC Group Vice-President, Enterprise Software, highlighted that AI-embedded enterprise applications like those in Infor Velocity Suite are helping businesses improve productivity, streamline operations, and enhance key metrics.
- AI’s Role in Business Success: According to Rizza, the integration of advanced technologies such as AI and RPA is essential for businesses to maintain a competitive edge in today’s fast-paced, digital world.
Infor Velocity Suite is set to transform how businesses approach process innovation. By providing tools that diagnose, automate, and optimize key operations, it empowers companies to drive agile innovation, improve efficiency, and achieve long-term success. With a focus on generative AI, RPA, and industry-specific solutions, the suite is an invaluable asset for organizations aiming to remain competitive in a rapidly evolving business landscape.
