QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services for global manufacturing companies, today announced that Oleo International and Savery Hydraulics have chosen to migrate from QAD ERP on-premise to QAD Cloud ERP. Both companies are business units of T.A. Savery and Co.

Oleo International has manufacturing and headquarters in the United Kingdom, offices in China, India, the United States and Germany, and a worldwide network of distributors. Oleo has been producing energy absorption solutions, which are used primarily in trains, cranes and elevators, for over 60 years and has over 1,000,000 units in circulation worldwide.

Savery Hydraulics is a leader in the design and manufacturing of hydraulic solutions including large, bespoke systems, electro-hydraulic control systems and small individual units. Savery also supplies custom power packs and bespoke manifold assemblies.

Both Oleo International and Savery Hydraulics are longtime QAD customers running QAD ERP in their facilities in the United Kingdom, and at the Oleo office in China. Both companies are growing and with expansion into India and other countries looming, they realized that their hardware was nearing obsolescence and needed to be replaced. They decided to review their ERP solutions and explore the possibility of moving them to the cloud. After a rigorous review, both companies chose QAD Cloud ERP, which they will implement initially in their UK facilities.

“Our previous ERP had been limiting us and would have been an issue as we continue to grow and become a more global company,” said Operations Director, John Adams. “We wanted our business processes to incorporate best practices and become a competitive advantage for us. Initially, we were focused on on-premise, but QAD was able to show us the many advantages we would receive from the cloud. We are convinced that it is the right move. Having QAD maintain our ERP in the cloud will allow our IT team to concentrate on strategic projects without the stress of administering our ERP.”

Oleo and Savery selected QAD because it offered a full-featured cloud ERP solution that would help reduce costs while eliminating the risk posed by its outdated hardware. In addition, QAD’s Easy On Boarding methodology will enable staff to quickly implement and begin using their new ERP solution.

By implementing QAD Cloud ERP, Oleo and Savery will also receive a number of specific benefits including:

  • The elimination of risk posed by out-of-date hardware.
  • Reduced system downtime.
  • Predictable annual costs.
  • Easy scalability to support growth.

“The review process was very thorough and we were able to show the executives at Oleo International and at Savery Hydraulics not only how much new functionality they would get from upgrading, but also how moving to the cloud was a match for their future growth,” said QAD Senior Vice President of QAD EMEA (Europe, Middle East and Africa) J.C. Walravens. “It’s always gratifying for us to be able to help a long time customer optimize their business processes. As the companies grow, QAD provides a stable, easily scalable process to help facilitate that growth.”

About Oleo International

Oleo International is an established UK engineering company and a leading expert in energy absorption technology, designing and manufacturing energy absorption solutions for the rail, elevator and industrial sectors and for end stop solutions. Oleo has been producing hydraulic energy absorption solutions for over 60 years with over 1,000,000 units in circulation.

About Savery Hydraulics

Savery Hydraulics is a leading expert in the design and manufacture of hydraulic solutions including large, bespoke systems, electro-hydraulic control systems and small individual units. Savery also supplies custom power packs and bespoke manifold assemblies. By utilizing their expertise in cartridge manifold design, they offer engineered solutions to suit any application.

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-premises 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.