Infor and C3 AI Form Strategic Partnership to Deliver Scalable Enterprise AI Industry Applications
March 08 2021 - 9:00AM
Business Wire
Broad Alliance Designed to Deliver Rapid
Development of AI Applications Across All Industries
C3 AI (NYSE: AI), a leading enterprise AI software provider, and
Infor, an ERP technology cloud leader, today announced a
wide-ranging strategic alliance designed to jointly expand
enterprise-class artificial intelligence (AI) solutions across
applicable industries to extend Infor’s native machine learning
capabilities. This will allow Infor to explore expansion of its
industry offerings into edge scenarios and analyze ways to provide
deeper capabilities beyond standard Infor offerings.
Infor plans to market, license, and deploy C3 AI prebuilt
solutions to Infor customers under the Infor brand and to explore
new solutions using the C3 AI® Suite. Infor and C3 AI expect to
leverage both companies’ existing digital portfolios to collaborate
on new integrated enterprise AI applications that can support
specific industry needs. The initial focus will be on predictive
maintenance surrounding Internet of Things (IoT) systems with the
goal of providing a more proactive and accurate maintenance
strategy within Infor’s EAM (Enterprise Asset Management) solution.
The partnership is structured to allow exploration into other
verticals and is designed to supplement Infor’s existing platform
technologies in advanced analytics and embedded intelligence.
“C3 AI offers an incredible array of domain knowledge and AI
expertise to help expand our boundaries,” said Infor CEO Kevin
Samuelson. “By augmenting our existing Infor product portfolio with
prebuilt AI applications from C3 AI that run natively in the cloud,
we can expand the Infor portfolio of use cases and further position
Infor to capitalize upon the cognitive era. This alliance will
combine the industry expertise of Infor and stable of platform
technologies with the significant AI capabilities of C3 AI to
enable our customers to benefit from state-of-the-art enterprise AI
solutions.”
“Infor provides the enterprise resource planning, supply chain
expertise, and data platform, while C3 AI brings the open,
model-driven architecture of the C3 AI Suite that can reduce the
time, complexity, and cost of developing and deploying
enterprise-scale AI applications,” said C3 AI CEO Thomas M. Siebel.
“This alliance is perfectly positioned to fast-track the delivery
of scalable, industry-specific enterprise AI solutions. We believe
the Infor and C3 AI alliance will provide a useful and robust
complement for thousands of customers and prospects.”
“Infor continues to play a key role in Koch’s transformation,
with its enabling technology, across nearly every business unit and
industry in which we operate,” said Jim Hannan, EVP and CEO of
enterprises for Koch Industries, Inc. “Incorporating C3 AI
expertise allows Infor to better provide real-time predictive
insights, increased revenue and end-user satisfaction, and improved
critical compliance and operational processes. The alliance will
allow Infor customers, including Koch, to leverage their existing
investment in Infor applications while accelerating their move to
the cloud and adopting enterprise AI.”
For more information, please contact sales@c3.ai.
About C3.ai, Inc.
C3.ai, Inc. (NYSE:AI) is a leading provider of enterprise AI
software for accelerating digital transformation. C3 AI delivers a
family of fully integrated products: C3 AI® Suite, an end-to-end
platform for developing, deploying, and operating large-scale AI
applications; C3 AI Applications, a portfolio of industry-specific
SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM
applications designed for AI and machine learning; and C3 AI Ex
Machina, a no-code AI solution to apply data science to everyday
business problems. The core of the C3 AI offering is an open,
model-driven AI architecture that dramatically simplifies data
science and application development. Learn more at: www.c3.ai
About Infor
Infor is a global leader in business cloud software specialized
by industry. Providing mission-critical enterprise applications to
67,000 customers in more than 175 countries, Infor software is
designed to deliver more value and less risk, with more sustainable
operational advantages. We empower our 17,000 employees to leverage
their deep industry expertise and use data-driven insights to
create, learn and adapt quickly to solve emerging business and
industry challenges. Infor is committed to providing our customers
with modern tools to transform their business and accelerate their
own path to innovation. To learn more, please visit
www.infor.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210308005270/en/
C3.ai Public Relations Edelman Lisa Kennedy 415-914-8336
pr@c3.ai
Investor Relations IR@C3.ai
Infor Media contact: Steve Bauer Infor (650) 670-7135
steven.bauer@infor.com
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