QAD Explore 2011 Agenda to Address Cloud ERP Adoption and Latest Trends
QAD On Demand Demonstrates Cloud ERP is Gaining Traction
SANTA BARBARA, Calif. (March 14, 2011) – QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturing companies, announced today that technology analyst Aberdeen Group will share why cloud enterprise resource planning (ERP) is gaining adoption momentum, in a keynote address at the QAD Explore 2011 Customer Conference to be held May 9
As one of several presentations on the latest trends in ERP, Aberdeen Group Research Director Kevin Prouty will share primary research that suggests customers are increasingly willing to consider ERP solutions delivered in a Software as a Service (SaaS) model, also known as cloud ERP. Gordon Fleming, executive vice president and chief marketing officer for QAD, will corroborate these findings as he jointly presents how QAD Enterprise Applications On Demand is becoming a de facto choice for many QAD customers, as the industry’s only full ERP suite deployed On Demand, On Premise, or as a hybrid model.
Karl Lopker, QAD CEO, will address the company’s strategic direction, while founder and President Pam Lopker will share QAD’s latest product innovations and future vision, particularly how QAD is transforming manufacturing and supply chain challenges through technology and business processes innovation.
To address manufacturing executives’ most pressing concerns regarding manufacturing, ERP and QAD applications, QAD Explore 2011 Customer Conference also will offer attendees a wide array of comprehensive breakout sessions. Customizable into four concurrent tracks, including Solutions, Products, Technology & Partners, and Business & Industry, these breakout sessions will answer such questions as:
- How are supply chain demands shifting Original Equipment Manufacturers (OEMs) expectations of lower tier suppliers and MMOG/LE adoption?
- How can life sciences companies leverage QAD solutions to comply with ePedigree, Current Good Manufacturing Practices (cGMP), serialization and health care reform requirements?
- How can manufacturing improve communications and visibility, and optimize up-and down-stream supply chain relationships with SaaS solutions like QAD Supply Chain Portal?
- How can executives use business intelligence and analytics to improve their performance and add bottom line value?
“This is an exciting time for manufacturers,” noted Fleming. “Our customers have undergone many changes in the last two years. We’re confident QAD Explore 2011 will answer the spectrum of questions today’s global executives are asking to help them adjust and grow during the economic recovery.”
To learn more about QAD Explore 2011 or to register for the event, visit: www.qad.com/explore.
About QAD
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life science products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at www.qad.com.
“QAD” is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
Note to Investors: This press release contains certain forward-looking statements made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to, evolving demand for the company’s software products and products that operate with the company’s products; the company’s ability to sustain license and service demand; the company’s ability to leverage changes in technology; the company’s ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company’s products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter’s results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company’s Annual Report on Form 10-K for fiscal 2010 ended January 31, 2010.
Source: QAD