QAD Signs Partnership Agreement with ESDS Software Solution in India
MUMBAI, India, Feb. 16, 2021 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies, today announced that it has signed a partnership agreement with ESDS Software Solution, one of India's leading managed data center service and auto-scalable cloud solution providers. ESDS joins the QAD Global Partner Program as a QAD channel partner in India.
"We have been working with ESDS as a subcontractor on various projects for the past few years, and they have a great deal of experience and industry knowledge, especially in the area of cloud-based solutions. They are also knowledgeable in supporting managed data center services and managed cloud solutions," said QAD Managing Director, South Asia, Jan Biezepol. "Manufacturing in India, like that in the rest of the world, has suffered severe disruption due to COVID-19 and we are focused on supporting our customers and helping them react to and capitalize on disruption through the adaptation of systems and processes. This new partnership with ESDS will broaden our range and increase our abilities to support our customers as they continue to navigate these trying times."
The new partnership gives ESDS the ability to sell QAD solutions directly to manufacturers in India. ESDS teams will work on a variety of projects and functions supporting QAD customers including pre-sales, marketing, consulting, end-to-end implementation, cloud hosting, management and customizations.
"Organizations across industries are in the midst of digital transformation and looking to cloud solutions for business growth," said ESDS Software Solution Pvt. Ltd. Founder, CMD and CEO, Piyush Somani. "Utilizing ESDS' solutions will help them to achieve cost savings, enhanced security and agility for operations. Also, they can leverage our unique SPOCHUB (SaaS PaaS On Click HUB) initiative to stay ahead of the game. Together with QAD, we aim to provide an end- to-end solution to organizations in their digital transformation journey."
The QAD Global Partner Program has over 100 partners helping QAD to deliver innovative solutions, services and technology that help its customers to modernize their business processes, take advantage of disruption and leverage it into a competitive advantage. The program includes several types of relationships including channel partners, system integrators and service organizations, solution providers and technology providers.
About QAD - Enabling the Adaptive Manufacturing Enterprise
QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.
Founded in 1979 and headquartered in Santa Barbara, California, QAD has 30 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.
"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
About ESDS Software Solution
ESDS Software Solution is one of India's leading Managed Data Center Service and Auto-Scalable Cloud Solution provider. ESDS has already moved aggressively in the direction of becoming India's number one cloud hosting company, establishing a huge clientele. It specializes in enterprise consulting and enterprise resource planning (ERP) consulting for mid to large-sized organizations across the globe.
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 the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; 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.
Contacts
QAD Inc.
Scott Matulis
Public Relations
818-451-8918
[email protected]
or
Evan Quinn
Analyst Relations
617-869-7335
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