Infor announced investment plans for India and Middle East, aimed at strengthening its presence in Asia.
“With more than 5,000 existing customers, Infor already has a solid footprint across the region, but the growth opportunities are virtually limitless,” said Tarik Taman, General Manager, IMEA for Infor.
It has not disclosed financial details with regard to investments.
The company said double digit economic growth and Middle East’s investments in the cloud were the compelling factors for Infor to invest in these nations.
Apart from Asia, Infor also intends to invest in Africa. Taman will lead the IMEA business unit from Infor’s office in Dubai, United Arab Emirates.
Under Taman’s leadership, Infor has a plan to quintuple its market share in the region by 2020.
To support its IMEA business, Infor has made many new hires in the region, both at its hub in Dubai’s Internet City and in its newly opened office in the iconic Kingdom Tower in Riyadh, Saudi Arabia.
Across the region Infor now has more than 2,100 employees. Infor’s expanded direct presence will complement its existing network of partners across the region and provide sales, services, value engineering, marketing, and other functions.