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Building a Stronger Company
During fiscal 2007 we made significant progress in our journey toward further strengthening QAD. Our efforts were focused on adding to our set of valued manufacturing solutions that are easy to implement and that support our manufacturing customers’ global capabilities. We have long held the belief that manufacturers require a full, end-to-end ERP solution, and in fiscal 2007 we filled out our product offering to meet this demand. Our efforts proved successful as we implemented our strategy of expanding our product line through a combination of acquisitions and internal development.
One example of the progress we’re making toward eliminating the complexities generally associated with managing a multi-national manufacturing enterprise is QAD Enterprise Applications 2007 (QAD 2007). As a result of close and ongoing collaboration between QAD and our customers, QAD 2007 is the company’s first deployment-independent software suite.
QAD 2007 can be installed on-demand, on-premise or on-appliance, based on our customers’ specific needs and requirements. The market is embracing on-demand technologies, and we are accelerating our innovation in this area.
At the same time, we recognize that not all manufacturers want or require on-demand software solutions. We created QAD 2007 with this in mind and believe that the deployment-independent nature of our newest software suite is important to our success in further penetrating our key manufacturing vertical markets.
QAD 2007 employs a service-oriented architecture (SOA) to maximize efficiency and productivity, while minimizing total cost of ownership. In fact, we’ve built our product architecture to be one of the least expensive products to run at our customers’ sites. A recent study by Aberdeen Group, a leading provider of fact-based research focused on the global technology-driven value chain, validated our ability to reduce our customers’ total cost of ownership and demonstrated that among five leading ERP providers, customers utilizing QAD’s products realized a more than 18 percent reduction in cost across five key functional areas, more than three percentage points higher than the next closest competitor. QAD 2007 also showcases our new .NET user interface that provides our customers with a high level of usability, flexibility, performance and ease of deployment. We plan to continue investing in our .NET user interface to provide better integration of a new set of browses, new reporting, user-configurable screens, intuitive navigation, role-based collections of screens and better access to online product documentation.
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