In 2014 Phillips announced his intention for Infor to be the world's first industry cloud company – the first ERP vendor in the cloud offering complete software solutions for businesses and unique sub-industries. At the 2014 Amazon Web Services Summit, he gave the keynote address, and announced the launch of Infor CloudSuite, the first group of industry-specific application suites to be available on Amazon Web Services's cloud. In 2014 Infor also launched Dynamic Science Labs, located in Kendall Square on the Massachusetts Institute of Technology (MIT) campus, where a team of more than 70 PhD-level scientists develop applications for predictive analytics, machine learning, managing retail assortments, optimizing inventory, and planning segmented pricing for customers.