Wednesday, January 11, 2023

Kevin Samuels

 Two core strategies are required to build successful as a software business. Strategy #1 is the niche player that is focused on developing specific technological functions, services, or products. Strategy 2 is the player who operates on platforms. The business is typically larger and focuses on building an extensive technology solution which can serve as the data infrastructure for customers. It is a broad statement that illustrates how software vendors are able to either stay comparatively concentrated or increase their portfolio by acquisitions or organically. It is not often that you will find is a large-scale software vendor that is focusing on its development to expand while reducing the importance of certain products in order to become better at the things that it is best at.Leaner than average, sharper and more efficient is not the usual marketing spin that IT firms typically would like to promote. This is a good way to understand what's happening in the case of Infor. Infor is known for its cloud-based enterprise resource management (ERP) and supply chain management (SCM) tools.

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