Research Finds QAD Customers Gain Most Benefits at Lowest Cost Per
User in Mid-Sized Manufacturers
Survey of over 600 Companies Finds QAD’s
Software Provides Most Business Benefits at Lowest Cost Per User
SANTA BARBARA, Calif. (Business Wire EON/PRWEB ) August 27, 2008 --
QAD Inc. (NASDAQ: QADI), a leading
provider of enterprise
software and services for global manufacturers, was found to provide
the most business benefits to mid-size companies at the lowest total
cost per user among Enterprise Resource Planning (ERP) software
providers included in a recent study, “The
Total Cost of ERP Ownership in Mid-Size Companies”
published July 2008 by Aberdeen Group.
Aberdeen surveyed over 600 companies with annual revenues between $50
million and $1 billion to identify what companies this size expect to
pay for the business benefits from ERP software. The study measured both
depth and breadth of functionality, as well as the cost of ERP in terms
of software, services, and maintenance. QAD demonstrated it produced on
average the maximum business benefits in this mid-market for the lowest
cost per user on performance measurements such as reduction in
inventory, operational costs and administrative costs along with
improvements in online shipments and schedule compliance.
“We are committed to serving the needs of
mid-market manufacturing companies around the world by developing and
delivering enterprise
software that is not only competitively priced, but also produces
better business performance for our customers,”
said Pamela
Lopker, chairman and president of QAD. “This
most recent report from Aberdeen validates our strategy of developing
software solutions that enable manufacturers to achieve our vision of
the ‘Perfect Lean Market’.”
“This study looked beyond the common factors
companies typically use to select ERP software to determine the business
benefits manufacturers achieved through cost savings and schedule
improvements,” said Cindy Jutras, vice
president and group director, Aberdeen Group. “Based
on this analysis, we found that mid-size QAD customers produced the
highest average improvements for the lowest cost per user.”
Earlier this year, QAD released QAD
Enterprise Applications 2008, a new version of its flagship
enterprise software solution. QAD 2008 meets the expectations of a new
generation of application users by making it more intuitive to learn.
The extensive release provides improved capabilities in financial
management, customer management, manufacturing/distribution, supply
chain management, and service and support.
To learn more and access a copy of the Aberdeen report visit www.qad.com
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies. 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. Manufacturers of automotive,
consumer products, electronics, food and beverage, industrial and life
science products use QAD applications at approximately 6,100 licensed
sites in more than 90 countries and in as many as 27 languages. For more
information about QAD, telephone +1 805 684 6614, or visit QAD Web 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 2008 ended January 31, 2008.
See the original story at: http://eon.businesswire.com/releases/software/benefits/prweb1255864.htm
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