Infor, which makes large-scale cloud ERP software, has been around since 2002 and counts Koch as both a customer and an investor, so the deal makes sense on that level. Koch was lead investor last year in a $1.5 billion investment, wherein the company indicated that it was a step before going public.
To design, manufacture, and service a new product, multiple systems must work together effectively. With the right integration layers, critical data elements (for example, engineering data, manufacturing data, and bill of materials) can seamlessly move between the core systems of record—which include enterprise resource planning, product life-cycle management, and manufacturing execution systems—to create a “digital thread” from engineering to servicing. Furthermore, the divide between information technology and operational technology can be bridged to enable data exchanges across both areas. An effective integration architecture prevents manual rework, allows products to be brought to market faster, and supports data-driven decision making.