It also strengthens the strategic relationship between Infor, Hexagon, and Koch Industries, which should benefit LLP Group’s EAM customers with an accelerated schedule of enhancements and improvements to the EAM solution. But with capital more scarce, senior executives. Infor EAM's expected revenue for 2021 is 184 million, Hexagon said, adding that the business had been growing at a compound rate of 35 in the last three years. This transition should be a catalyst for developing sophisticated asset performance management solutions that provide the opportunity for better real-time monitoring. Securing adequate budgets for building, operating, and decommissioning facilities has always been a hard sell. As a Hexagon partner, LLP Group will work closely with the Hexagon EAM management and sales teams to ensure a smooth transition and minimal impact to services for our customers. ![]() Infor states that with this transaction, it is entering a strategic relationship with the Swedish company to serve its shared customers better. LLP Group will continue as an Infor Global Alliance Partner and Infor Gold Channel Partner providing sales and consulting services to other Infor products, including Infor SunSystems, Infor d/EPM, Infor Birst, and Infor OS. On July 6, Infor announced that it is selling its Enterprise Asset Management business to Hexagon AB in Sweden. LLP Group is excited about what this means for our EAM customers.” Today, however, this is a name that has been consigned to history because in October 2021 Infor sold their EAM platform to Swedish company Hexagon. Providing mission-critical enterprise applications to 65,000 customers in more than 175 countries, Infor software is. ![]() ![]() “ This will position EAM within an ecosystem at Hexagon that should provide faster development of the solution as it integrates with technologies that already exist at Hexagon. Infor is a global leader in business cloud software specialized by industry. “ We’re excited by the news today that the transition of Infor EAM to Hexagon has been completed,” said Barbara Dreska, CEO and Chairwoman at LLP Group. Given the strong fit of Infor EAM across Hexagon's businesses, the transaction is expected to generate sales synergies, growing to approximately 100 MUSD by 2026.
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