3i Infotech’s cloud-enabled ORION ERP achieves a 32% growth in Q3, FY18
Bangalore: ORION ERP, an integrated, cost-effective and cloud-enabled industry solution for growing and mid-sized enterprises, from 3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH), a global information technology company, continues its growth trajectory and delivers industry-beating performance. The company recently posted a strong overall 32% growth result in Q3, FY18 from the ERP vertical, over the same quarter in FY17. The 9 month FY18 license revenues grew 90% over similar quarters in FY17. The regions that have contributed maximum to the growth in revenue for ORION ERP this quarter are APAC and Middle East.
“We are pleased with the buoyant growth witnessed in our ERP vertical, largely attributed to the implementation of VAT in GCC countries and adoption of ORION ERP by manufacturing industries. The intelligent ORION ERP solution fulfils the core business needs of organizations across all industries and market sectors and provides a foundation for growth, innovation, and end-to-end business process excellence, a reason why enterprises are adopting our ERP,” said Mr. Suryanarayan Kasichainula, EVP & Business Head (ERP), 3i Infotech.
Backed by robust service support, ORION ERP is a globally trusted partner to more than 800 customers with over 1,000 installations and 50,000+ users across various verticals, and aims to be one of the prominent ERP solutions available globally. Built on future-ready technology stack, ORION ERP empowers organizations to optimize business processes and make informed decisions through anytime access to dashboards and analytics. Importantly, industry-specific process packs facilitate rapid implementation enabling businesses to continuously improve on efficiency and reduce operational costs. The process packs are flexible and scalable solutions that cater to various industry verticals.