Global on Demand: International Component Corporation is Charged up over Successful QAD Enterprise Applications Upgrade
October 06 2010 - 8:04AM
Business Wire
QAD Inc. (NASDAQ: QADI), a leading provider of enterprise
software and services for global manufacturers, announced today
that International Components Corporation (ICC), a global
manufacturer of rechargeable power supplies and battery systems for
portable applications, has successfully completed a major upgrade,
on time and on budget, to QAD Enterprise Applications On
Demand.
ICC manages complex programs from design to production, creating
innovative power solutions for portable devices for use in the
medical, communications, data server and storage, handheld data and
consumer electronics markets, and provides full in-house design,
tooling and test capabilities.
With near-term plans for corporate expansion, but limited IT
resources, ICC turned to QAD to provide a solution that would help
the company transition and grow its business without the need for
additional IT investment, and would relieve its staff from the
system implementation and day-to-day maintenance responsibilities.
Leveraging the expertise of QAD software and its services, ICC
upgraded to QAD Enterprise Applications On Demand from its existing
QAD On Premise solution.
“As we examine our growth strategy, we anticipate some changes
to our manufacturing requirements in the coming months,” explained
Joe Italiano, chief financial officer at ICC. “QAD Enterprise
Applications provides us the functionality, support and global
expansion capabilities we require to support our growth. Whether
we’re adding a new building, adding users or adapting to changing
regulations, we now can adapt on the fly.”
Deployed as a Software as a Service (SaaS), QAD On Demand
enables ICC to simplify the management of QAD Enterprise
Applications while reducing its total cost of ownership and stress
on its in-house IT management.
As a global company with facilities in Europe, Asia, and North
America, ICC also recognized that deploying QAD Enterprise
Applications On Demand would provide the organization a far greater
cost benefit than installing the system redundancies it would
require to ensure 24/7 uptime, connectivity speeds and performance,
and maintain software upgrades and maintenance at its U.S.-based
headquarters in Chicago.
“QAD On Demand was a great choice for us,” said Chris Hogrefe,
global network administrator at ICC. “We don’t want to be worrying
about our hardware or whether our software backups or upgrades are
getting done. We needed the infrastructure, maintenance and
expertise that only QAD, as a specialized solutions provider, can
ensure.”
By year-end, ICC anticipates completing additional QAD
Enterprise Applications On Demand upgrades at its United Kingdom
and Germany operations.
About International Component Corporation
Founded in 1967, ICC is an established global developer and
manufacturer of innovative power solutions for portable
applications. The company continues to lead the industry with
expertise in designing and manufacturing rechargeable battery
solutions, custom chargers, docking stations, and highly efficient
power supplies marketed under the Elpac Power Systems brand name.
ICC is committed to providing high quality, technologically
advanced solutions to its partners in the medical, communications,
data server and storage, handheld data, and consumer electronic
markets.
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies specializing in automotive, consumer
products, electronics, food and beverage, industrial and life
science 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. 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 2010 ended January 31, 2010.
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