SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise business software and services for global manufacturing companies, announced today it has been named the Cloud Company of the Year – Enterprise in the Stratus Awards for cloud computing conducted annually by the Business Intelligence Group. The Stratus Awards identify and acknowledge distinguished companies, products and people offering unique solutions that take advantage of cloud technologies.
“We are honored to be named the Cloud Company of the Year in the Enterprise category of the Stratus Awards,” said QAD Chief Technology Officer Tony Winter. “We see cloud as a strategic choice for our customers. Our goal is to provide a cloud option that is highly available, dependable, flexible and secure. We try to make it easy for our customers to adopt cloud and to benefit from the latest product capabilities at a pace that matches their business goals.”
Before being named Cloud Company of the Year in 2016, QAD previously was named a finalist for Cloud Company of the Year in the 2015 Stratus Awards. QAD partner Dell Boomi received the 2015 Stratus Award for Cloud Company of the Year.
“Congratulations to the entire QAD team for helping accelerate adoption of the cloud and for working to make all of our lives a little richer,” said Russ Fordyce, managing director of the Business Intelligence Group. “The cloud is dominating the technology industry, and we do not see any markers indicating that this trend will not continue.”
The QAD nomination for the Stratus Award in 2016 cited several key cloud innovations including the management layer of the QAD Cloud and the Channel Islands user experience initiative. Mr. Winter explained that, “We believe we are able to offer best-in-class cloud services no matter where a customer is located. Our Channel Islands architecture provides a user experience that helps customers take advantage of cloud to improve business outcomes and competitiveness.”
QAD Cloud ERP, a full-featured ERP for global manufacturers, was first available in 2007. It is available in special editions for the automotive and life sciences industries. It includes capabilities for financials, manufacturing, supply chain, customer management, analytics, integration, mobile and business process management. QAD also offers a variety of other solutions on the QAD Cloud, including demand and supply chain planning, transportation management, quality management, the QAD Supplier Portal, QAD Cloud EDI and others. QAD Cloud ERP scales to thousands of users, and support is provided globally 24x7x365.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry and business award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
About QAD – The Effective Enterprise
QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models in the cloud, on-premise or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises.
For more information about QAD, call +1 805-566-6000, visit 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, 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.
