|By Business Wire||
|January 7, 2013 09:48 AM EST||
QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturing companies, today announced Capital Safety Inc., the global manufacturing leader in fall protection, confined space and rescue equipment, has chosen QAD Business Intelligence (BI) to increase productivity while reducing IT costs.
The simple, browser-based QAD BI interface and analytics dashboards provide easy-to-use functionality for Capital Safety business users. “The QAD BI graphical reporting with drill down for non-expert users enhances greater productivity,” said Andy McDonald, IT Solutions analyst for Capital Safety. “The power-user functionality to easily generate queries without IT intervention will offer a vital solution that should enable us to cut IT costs.”
QAD BI unifies data from multiple sources across the enterprise. It provides a complete solution that enables key enterprise decision makers to access, analyze and share critical information; this allows better understanding of how the business is performing. QAD BI helps customers improve decision making throughout the organization.
The Value of QAD BI Empowers Manufacturing Customers to Do the Following:
- Make better, faster strategic and tactical decisions through access to the facts, now available on mobile dashboards
- Identify when key performance indicators require attention
- Use investigative tools within the dashboard framework to identify causes or potential problems
- Harmonize information by consolidating raw data from disparate systems into an easily accessible warehouse
“With QAD BI, we are able to combine external budget and sales data (not captured in QAD) by linking to Excel spreadsheets,” added McDonald.
“At our recent customer conferences in Australia, Europe and South Asia, we heard that solid business intelligence is essential in order to improve manufacturing efficiencies,” said Gordon Fleming, QAD chief marketing officer. “With QAD BI, customers are effectively aligning operations to drive peak performance while honing efficiencies and identifying key market opportunities.”
QAD BI offers the instant collaboration with teams via smart phones or tablets or any Web-connected workstation to enhance productivity in the office or on the go. For more information about QAD Enterprise Applications and QAD BI, visit www.qad.com.
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life sciences 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. Words such as “expects”, “believes”, “anticipates”, “could”, “will likely result”, “estimates”, “intends”, “may”, “projects”, “should”, and variations of these words and similar expressions are intended to identify these forward looking statements. Forward-looking statements are based on the company’s current expectations and assumptions regarding its business, the economy and future conditions. 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 2012 ended January 31, 2012, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission.
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