Latest Release of QAD Analytics Instantly Transforms Data into Mobile Dashboards and Actionable Intelligence
New Transportation System Management and Plant Maintenance BI Modules Further Complement QAD Strong Embedded Business Intelligence Solution
SANTA BARBARA, Calif., Oct. 15, 2012–QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturers, today released new QAD analytics seamlessly integrated with QAD Enterprise Applications. Complementing the core QAD Business Intelligence (BI) modules for Financials, Order Management and Operations, the new modules include QAD BI for transportation management systems (TMS) and Enterprise Asset Management (EAM). These new modules deliver out-of-the-box dashboards, mobile dashboards and easily customizable role-based reporting enabling business users to instantly get actionable intelligence anytime, anywhere.
These new BI tools from QAD transform data from disparate sources and reports into dashboards for decision makers to spot issues in real time, track trends over time, fine tune or reform action plans, and make fact-based decisions on the fly that can positively impact productivity and customer satisfaction.
Improve Business Performance While Reducing Risks
With the new Transportation Management System BI module, logistics managers can easily design and access customizable dashboards without IT assistance. This new BI module presents information on business operations and costs, including how much is spent on shipping, which carriers deliver on-time and more.
With the new Plant Maintenance module, managers can work with six out-of-box dashboards to for overall management metrics like preventative versus on-plan maintenance and year-to-date work order statistics. This includes plant maintenance compliance, maintenance backlog, maintenance work orders, maintenance for departments, maintenance cost, and equipment availability. These analytics can help managers identify for example, unplanned labor issues, trace recurring issues and remedy root causes-all in real time.
“Delivery of BI, especially mobile BI, is all about practical, tactical information needed to make immediate decisions,” said Tony Winter, QAD chief technology officer. “Operational BI in the context of the QAD enterprise applications delivers the biggest value today so we focused on building easy to use, seamlessly integrated tools for instant collaboration with teams via smart phones or tablets or any Web-connected workstation.”
Historical Operational Metrics Help Identify and Prioritize Recurring Issues
Extending for the capabilities of QAD Operational Metrics, new historical reporting enables customers to identify trends and recurring issues over time. This enables users to prioritize and plan remedial actions which may or may not need immediate attention.
ARC Advisory industry analyst Steve Banker, service director Supply Chain Management, commented on next generation QAD Enterprise Applications BI capabilities: “By continually measuring and improving their performance against the key performance indicators and metrics that matter to them most, QAD’s customers can gain a unique visibility into their performance allowing them to maximize their opportunities and proactively head off any potential challenges.”
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.
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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.