QAD Announces Enhancements to QAD Adaptive ERP and Related Solutions Designed to Help Manufacturers Rapidly Adapt to Industry Disruption
Summary
SANTA BARBARA, Calif.--(BUSINESS WIRE)--To enable customers to adapt rapidly to industry disruption, QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced the latest enhancements to QAD Adaptive ERP and related solutions in its QAD Adaptive Applications portfolio. Manufacturers face unprecedented disruption, which forces them to constantly evaluate how they do business and the processes by which they run their organizations. Manufacturers must evaluate an ever-changing array of new technologies, including Internet of Things (IoT), machine learning, artificial intelligence, robotic process automation, data lakes and digital twins, and employ business solutions that allow them to leverage them for competitive advantage in support of their businesses’ use case. “Organizations today face a great deal of change ranging from evolving customer preferences and business models to new economic, political and regulatory demands. 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 companys business, future economic performance or any of the assumptions underlying or relating to any of the foregoing.
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