JAKARTA, Indonesia, April 14, 2020 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced the latest enhancements to QAD Adaptive ERP and related solutions in the QAD Adaptive Applications portfolio.
Global manufacturers face ever-increasing disruption caused by factors that include technology-driven innovation, changing consumer preferences, and the current COVID-19 pandemic. To survive and thrive, manufacturers must be able to innovate and transform business models at unprecedented rates of speed. QAD calls these manufacturing companies Adaptive Manufacturing Enterprises.
QAD provides solutions, vertical and business expertise and best practice process models to help Adaptive Manufacturing Enterprises to adapt in today's rapidly changing business climate.
"The latest enhancements to our Adaptive Applications portfolio help manufacturers rapidly respond to and plan for increasing disruptions to their business," said QAD CEO Anton Chilton. "They provide our customers with a greater ability to extend solutions, increase user productivity and boost manufacturing efficiency. The new capabilities apply across manufacturing operations, including supply chain, shop floor, production, customer management and finance, allowing manufacturers to navigate the disruptions they face today while providing the flexibility they need to address tomorrow's challenges."
In addition to the latest updates to QAD Adaptive ERP, which features the QAD Enterprise Platform and the Adaptive UX, QAD has also enhanced related solutions in its Adaptive Applications portfolio, including QAD Dynasys DSCP, QAD CEBOS Enterprise Quality Management System, and QAD Precision Global Trade & Transportation Execution.
For details of the enhancements made to QAD Adaptive ERP and its related solutions, please visit the QAD Blog.
About QAD – Enabling the Adaptive Manufacturing Enterprise
QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, packaging, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.
Founded in 1979 and headquartered in Santa Barbara, California, QAD has 29 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise.
"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, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the company's business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company's current expectations. Words such as "expects," "believes," "anticipates," "could," "will likely result," "estimates," "intends," "may," "projects," "should," "would," "might," "plan" and variations of these words and similar expressions are intended to identify these forward-looking statements. 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: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third-party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled "Risk Factors" therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.
SOURCE QAD Inc.