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Elbit Systems Standardizes on Infor to Transform Business - Multi-million Dollar Project Underpinned by Infor Suite for Aerospace and Defense Industries - ElbitSystems.com / Infor.com
Elbit Systems Standardizes on Infor to Transform Business

 

NewswireTODAY - /newswire/ - New York, NY, United States, 2017/01/25 - Multi-million Dollar Project Underpinned by Infor Suite for Aerospace and Defense Industries - ElbitSystems.com / Infor.com.

   
 
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Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced that Israeli defense technology giant Elbit Systems has selected Infor's suite of applications for the aerospace and defense industry as the platform for a comprehensive business transformation project. The five-year project is designed to drive aggressive, international growth by creating a standard set of processes and practices within 31 sites across multiple countries.

Driven by Elbit Systems' need to improve operational efficiency and be better positioned for organic and acquisitive growth, the "OneERP" technology platform for this project will deliver simplicity and scalability. It will also enable a set of shared services that will leverage resources across the business units and rapid integration of acquired companies as Elbit continues to grow. The project will encompass Elbit Systems' business units across Unmanned Aerial Systems (UAS), land and naval systems, electro-optics, communications, aerospace, commercial aviation, homeland security and surveillance and reconnaissance.

The suite of Infor applications will replace an existing environment of more than 10 different ERP applications including legacy systems. Infor was chosen on the basis of its substantial investment in last mile functionality, which is keenly aligned to the specific needs of the aerospace and defense industry. Infor also has a history of partnership and co-innovation with Elbit, with Elbit serving as a key contributor to the development of specific cost-pegging and grouping capabilities within the solution.

Bezhalel (Butzi) Machlis, president and CEO, Elbit Systems said: "This is not simply an IT investment. Elbit will modernize its entire way of doing business, with standardized processes and systems that service our customers and 12,000 employees. This will enable us to reduce operating costs, simplify operations, improve business capabilities and pave the way for future growth. As a partner of more than 20 years, Infor presents us with a true 'OneERP' to help us achieve this."

Stephan Scholl, president, Infor said: "This game-changing deal is the result of combining the right solution, the right partnership and understanding the critical role of time to value. It demonstrates that our industry-specific application suite provides one of the most functionally rich, integrated aerospace and defense solutions available today. It shows how a history of successful collaboration and co-innovation can serve as a powerful basis for improved business in the future. Most of all, it shows how a keen understanding of Elbit's goals for rapid business transformation translates into the right choice of technology and partner."

About Elbit Systems

Elbit Systems Ltd (elbitsystems.com) is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

About Infor

Infor (infor.com) builds business software for specific industries in the cloud. With 15,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress.

 
 
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Elbit Systems Standardizes on Infor to Transform Business

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Infor Suite | Elbit Systems Ltd
Contact: Dan Barnhardt - Infor.com 
646-336-1731 dan.barnhardt[.]infor.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Infor securities in any jurisdiction including any other companies listed or named in this release.

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