Baan IV and Baan V are well established ERP systems that have been in the market for several years. They are known to be stable, fully integrated business systems with plenty of functionality. Infor LN is based on Baan IV and Baan V. Today, Baan is a safe and stable product that is associated with extensive functionality and low cost of ownership. There are a large number of companies that use Baan in Scandinavia and Infor's strategy is to continue to maintain and support these products. This is illustrated by the fact that, new products and functions are continuously integrated in Baan, to meet new demands.