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Baan was a vendor of popular enterprise resource planning (ERP) software that is now owned by Infor Global Solutions. Image File history File links Wikitext. ...
Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a unified system. ...
Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ...
Infor Global Solutions is a privately held U.S. software company that specializes in enterprise software. ...
The Baan Corporation was created by Jan Baan in 1978 in Barneveld, Netherlands, to provide financial and administrative consulting services. With the development of his first software package, Jan Baan and his brother Paul Baan entered what was to become the ERP industry. The Baan company focused on the creation of enterprise resource planning (ERP) software. Barneveld is a town and municipality in the eastern Netherlands, in the province of Gelderland. ...
Baan gained its popularity in the early nineties. It became a real threat to market leader SAP after beating SAP in the Boeing deal. However the management exaggerated the company revenue by booking software license selling to a related reseller. The revelation of this manipulation led to a sharp decline of Baan's stock price.[1]
In June 2000, facing worsening financial difficulties, law suits and reporting seven consecutive quarterly losses and bleak prospects, Baan was sold at a price of US$700 million to Invensys,[2] a UK automation, controls, and process solutions group to become a unit of its Software and Services Division. Laurens van der Tang was the president of this unit. With the acquisition of Baan, Invensys's CEO Allen Yurko had a vision to offer "Sensor to Boardroom" solution to customers. Invensys plc is a British engineering company, headquartered in London, England. ...
In June 2003, after the stepping down of Allen Yurko, Invensys sold Baan unit to SSA Global Technologies for US$ 135 million. The main attempt was to reduce the high amount of debt of Invensys, and also because Invensys has no cash to inject to turnaround Baan. SSA Global Technologies (NASDAQ: SSAG) is a company developing Enterprise resource planning (ERP) software. ...
The United States dollar is the official currency of the United States. ...
Upon acquiring the Baan software, SSA renamed Baan as SSA ERP Ln. In August 2004, SSA Global released new version of Baan, SSA ERP LN 6.1. In May 2006, SSA was acquired by Infor Global Solutions of Atlanta, which was a major ERP consolidator in the market. Infor Global Solutions is a privately held U.S. software company that specializes in enterprise software. ...
Baan is still one of the best ERP product for discrete manufacturing industries, especially for Make to Order and Engineering to order market.[3] Nowadays, still thousands of manufacturers are running on Baan software, including Boeing, Ferrari, Solectron, Flextronics, Fiat, British_Aerospace, Evenflo, Navistar.[citation needed] The Boeing Company (NYSE: BA, TYO: 7661) is a major aerospace and defense corporation, originally founded by William Edward Boeing. ...
For other uses, see Ferrari (disambiguation). ...
Solectron headquarters in Milpitas Solectron Corporation (NYSE: SLR), is a global electronics manufacturing company for original equipment manufacturer (OEMs). ...
Flextronics International Ltd. ...
Fiat S.p. ...
British Aerospace (BAe) was a UK aircraft and defence systems manufacturer, now part of BAE Systems. ...
Navistar International Corporation (NYSE: NAV) is the parent company of International Truck and Engine Corporation, a leading producer of mid-range diesel engines, medium trucks, heavy trucks, severe service vehicles, and parts and service sold under the International® brand. ...
See also
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External links - Infor
- Understanding the Enterprise Information System Technology of BaanERP
- BaanERP at PC mag
- Jan Baan the software man at The Register
- Cordys
- No. 1 Channel Partner of Baan Solution of Infor
References - ^ Baker, Stephen; Menno Spiro, Steve Hamm (2000-08-14). The Fall of Baan (int'l edition). BusinessWeek. The McGraw-Hill Companies Inc. Retrieved on 2007-08-23.
- ^ The Rise & Fall of Baan Co.. BusinessWeek. The McGraw-Hill Companies Inc (2000-08-14). Retrieved on 2007-08-23.
- ^ Scavo, Frank (2004-07-31). SSA delivers long awaited next generation version of Baan. The Enterprise System Spectator. Retrieved on 2007-08-23.
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