While Infor is widely considered to be the third largest ERP vendor, with a 5 percent to 6 percent share of the ERP market (according to Gartner and IDC, respectively), the company is not a serious challenger to ERP heavyweights Oracle and SAP, which reported fiscal 2019 revenues of $39.5 billion and €27.5 billion (about $30.1 billion), respectively. Infor reported $3.2 billion in revenue for fiscal 2019, which was just 3.0 percent higher than the prior year, according to Infor’s fiscal 2019 results (the company was not required to disclose financials, but did so anyway, ostensibly to build goodwill among prospective investors who value clarity in corporate governance). Over a decade ago, the company touted in excess of 70,000 customers. Today, that number is 68,000, despite continued acquisitions.
Koch Industries has invested more than $26 billion in technology-related investments over the past six years
Original source: Why Koch Is Buying the Rest of Infor