The Vietnam – Singapore Business Forum (VSBF ) 2011 held from 30 November to 2 December, has helped promote bilateral relations between Vietnam and Singapore as well as created great cooperation opportunities for companies of the two countries. On this occasion, Vietnam Business Forum had an interview with Mr. Finnian Tseng, Regional Vice President Asean for Infor Global Solutions (SEA) Pte Ltd, a leading provider of business software and services participating in VSBF. Dang Yen reports.
Could you please tell us the background of Infor?
Infor is a leading provider of business software and services, helping more than 70,000 customers in 164 countries improve operations and drive growth.
Infor combines focused, hands-on industry experience with global breadth to help companies deal with today’s challenges and prepare for tomorrow’s opportunities.
We offer deep industry-specific applications and suites, engineered for speed, using groundbreaking technology that delivers a rich user experience, and flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both.
What are the core competencies of Infor?
Infor10 marks the debut of an entirely new category of business software, conceived from today’s flexible open standards and delivered through an agile, unbreakable architecture that gives customers the speed, freedom, and power they’ve always wanted—but couldn’t get until now.
With Infor10, we’re reimagining business software to change the way work is done in the industries we serve. We’re building industry suites that deliver maximum value immediately, with features tailored to the specific needs of each industry. By creating revolutionary lightweight middleware technology, and new ways to implement and integrate business software, Infor helps companies leap over traditional application boundaries to improve performance and streamline workflow.
Our customers include:
8 of the top 10 aerospace companies
9 of the top 10 high tech companies
9 of the top 10 pharmaceutical companies
80 of the top 100 automotive suppliers
19 of the top 35 retailers
9 of the top 20 electrical distributors
6 of the top 10 brewers
Over 7,000 machinery manufacturers
Over 1,100 apparel & footwear companies
Over 1,100 state & local government agencies
Over 3,000 financial services companies
What is your evaluation of the recent development of manufacturing and supply chain management in Southeast Asia countries, especially Vietnam?
According to the EIU’s country intelligence data and report, Vietnam’s economic outlook will witness a positive ride with its annual real GDP sets to grow at a 6.7 percent annual rate and an average of 7.2 percent from 2012 to 2014 and its Supply chain industry following the same upward trend.
With our recent wins in 3APharma, Vinafco, Gemadept, ICD Song Than (Saigon New Port Group) over the past one year, Infor is looking forward to set a bigger footprint within the Vietnamese market with focus on verticals such as manufacturing related warehousing and logistics, offering best-in-class applications with market-leading functionality that bring value to any organization, across any industry. Built on open standards and lightweight technologies to give maximum freedom and rapid return on any organization’s investment, Infor can create faster and more agile solutions for expanding Vietnamese organizations and can include capabilities that deliver value right out of the box, including automatic integrations and analytics, fit for an economy going through significant growth.
With the recent economic downturn, global outsourcing companies are always in the quest of low production and labor costs locations especially in the South East Asian developing countries. Meanwhile, rising wages, a growing labor shortage, and domestic inflation in the Peoples’ Republic of China are forcing those companies to re-evaluate their sourcing strategy and supply chains. The next alternative that is crossing everybody’s mind is the rising South East Asian countries to base their manufacturing operations as the next cost-effective locations. We foresee exponential growth in manufacturing and distribution verticals in Vietnam, and the country is hungry for foreign expertise to play catch up on their infrastructure and services delivery. Infor10 Enterprise Resource Planning & Infor10 Supply Chain Management suite of solutions are therefore a perfect fit to address these growing sweet spots of the economy.
What are the objectives of your participation at VSBF?
Our objective is to strengthen the partnership with VCCI in our participation at VSBF. This is also an opportunity to leverage on its broad extensive networks to create a larger footprint and build on the branding of Infor within the Vietnamese market. Infor is Engineered for Speed, Specialized by Industry with the right fit solutions for business enterprises of a growing economy like Vietnam.
Vietnamese
