"The days when a single company was responsible for all aspects of its products, from sourcing to manufacturing and shipping to point-of-sale, are long gone; commerce today requires an extended network of suppliers, production, 3PLS, and financiers," said Charles Phillips, the company's CEO. Infor said the suites are the result of integrating core functionality from the GT Nexus commerce network into the CloudSuite. GT Nexus was acquired in 2015. The GT Nexus functionality extends the CloudSuites into logistic, supplier and finance networks.