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Industry Landscape
The enterprise software industry is currently experiencing significant growth, driven by digital transformation initiatives, cloud adoption, and the integration of AI/ML. Companies are increasingly seeking industry-specific, intelligent solutions to optimize operations, enhance efficiency, and improve decision-making. Cloud-based SaaS models are dominant, with a strong focus on data integration and analytics to provide actionable insights.
Total Assets Under Management (AUM)
Enterprise Software Market Size in United States
~Approximately $250 billion USD
(12-15% CAGR)
- Growth is driven by increased demand for cloud-based solutions.
- Expansion of AI and ML integration across platforms.
- Rising investment in digital transformation by large enterprises.
Total Addressable Market
Approximately $250 billion
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI (GenAI)
GenAI will revolutionize enterprise software by automating complex tasks, enhancing decision-making with predictive insights, and enabling highly personalized user experiences within ERP, SCM, and HCM systems.
Composable Enterprise Applications
This paradigm shifts from monolithic systems to modular, interoperable components, allowing businesses to rapidly assemble and adapt software solutions to evolving needs and integrate seamlessly with existing infrastructure.
Hyperautomation
Hyperautomation integrates AI, ML, Robotic Process Automation (RPA), and other advanced technologies to automate processes end-to-end, leading to significant efficiency gains and reduced operational costs across the enterprise.
Impactful Policy Frameworks
NIST AI Risk Management Framework (AI RMF) 1.0 (2023)
The National Institute of Standards and Technology (NIST) published its voluntary AI Risk Management Framework (AI RMF) 1.0 in 2023, providing guidance for organizations to manage risks associated with designing, developing, deploying, and using AI systems responsibly.
This framework will guide enterprise software providers like Infor in developing trustworthy and responsible AI solutions, impacting their product development and compliance strategies.
SEC Climate Disclosure Rule (2024)
The U.S. Securities and Exchange Commission (SEC) adopted rules in March 2024 requiring public companies to disclose certain climate-related information, including greenhouse gas emissions, financial impacts of climate risks, and climate-related targets.
This rule significantly increases the demand for enterprise software solutions that can track, manage, and report ESG and sustainability data, directly benefiting Infor's sustainability offerings.
Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (2023)
Issued by President Biden in October 2023, this executive order directs federal agencies to establish new standards for AI safety and security, protect privacy, advance equity and civil rights, and promote competition in the AI sector.
This order will influence the ethical development and deployment of AI features within Infor's enterprise software, potentially increasing development costs and necessitating new compliance measures.
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