Top executive of Infor has head in the cloud

China's e-commerce boom is driver for company as it strives to expand business, ensure its future

Charles Phillips, chief executive officer of the New York-based Infor, said that his company is at a critical point in its development as it seeks ways to sustain growth over the long term for its business application software.

At a time when growth is stagnating in most of the major economies, Infor, the world's third-largest provider of business application software, is betting big on the growth of cloud computing and its eventual consumerization in China, said Phillips.