Infor reports growth of 28 per cent in Q4 2011

Business application software provider, Infor, has reported a 28 per cent growth in licenses in the fourth quarter ending May 31 off the back of strong inroads into the enterprise applications market.

More than 650 new clients adopted Infor products just as Infor ION and Infor Workspace in the fourth quarter of 2011, generating total license revenue of $130.1 million and total revenue of $509.8 million, 28 and 12 per cent higher, respectively, on the same quarter last year.

"Our slate of innovative new product and innovation releases, combined with our industry-focused approach, is actually separating us from our competitors."

Infor recorded the biggest annual growth in the Public Sector of 125 pe rcent, followed by 84 per cent in Business Intelligence and Performance Management, 35 per cent in Enterprise Resource Planning and 33 per cent in Distribution.