SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise business software and services for global manufacturing companies, announced today that Snell Advanced Media (SAM) will deploy QAD Enterprise Applications company-wide to improve information visibility and reduce the complexity of its business processes.
Headquartered in Newbury, United Kingdom, SAM manufactures smart, agile media technology used in Live Production, Production, Editing & Finishing, Playout & Delivery and Infrastructure & Image Processing, all running under enterprise-wide management and workflow automation. SAM employs more than 550 people worldwide.
SAM was formed in 2014 when digital production equipment manufacturer Quantel acquired Snell Ltd., a leader in broadcast and media technology. Snell Ltd. has used QAD’s ERP solution since 1993. Quantel used another provider which forced the newly formed SAM to decide between adopting a dual ERP strategy or implementing one solution across the company.
SAM decided to install one integrated ERP solution that could meet the needs of the Snell and Quantel businesses. SAM considered several ERP vendors before choosing QAD Enterprise Applications 2015. SAM selected QAD for the following reasons:
- QAD’s extensive manufacturing focus and experience.
- QAD’s Easy On Boarding methodology to minimize implementation costs and reduce the burden on the SAM implementation project team.
- The QAD ERP solution had worked effectively at Snell Ltd. for 22 years.
“QAD Enterprise Applications was the best choice for all our business units after the Snell acquisition,” said Simon Gatt, Director of Operations. “Using one fully-featured, integrated ERP solution lets us improve overall information visibility, eliminates the need for customizations and reduces the complexity of our business processes. Our existing in-house knowledge of QAD’s solution and the QAD Easy On Boarding process gives us the ability to install the software more quickly and efficiently than we could have done with another vendor.”
“QAD has had a long, successful relationship with Snell Ltd. and we look forward to working with SAM,” said J.C. Walravens, Senior Vice President of QAD EMEA (Europe, Middle East and Africa). “When manufacturers make an acquisition they face a unique set of challenges and decisions that can impact the success of their investment. We are honored that SAM chose QAD Enterprise Applications to streamline its business processes as it meets those challenges.”
About SAM
SAM is a new company with a unique mix of experience and energy. We have the vision to deliver business-transforming solutions across the media production ecosystem. Our future-ready systems enable broadcasters, content owners and service providers to evolve their business models to succeed in the consumer-driven era. We understand that it’s not only about the future – to get there, today’s needs are also paramount; our smart, agile technology maximizes efficiency and productivity in today’s rapidly changing media landscape.
About QAD – The Effective Enterprise
QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models in the cloud, on-premise or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises.
For more information about QAD, call +1 805-566-6000, visit 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, 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 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.
