QAD is Market Leader in Enterprise Applications for China Automotive Industry
QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB) a global provider of enterprise software and services today announced the Automotive Edition of QAD Enterprise Applications has greater market share in China than any other enterprise resource planning (ERP) solution, according to the report, China Automotive Industry IT Solutions 2012 – 2016 Forecast and Analysis, Doc #CN8037306U by Luke Fang, Research Manager at IDC. Of the top five ERP providers in China, QAD was the 2011 automotive industry leader ahead of SAP, UFIDA, Infor and Siemens.
Fang notes, "The QAD customer base has expanded from foreign-funded enterprises to local state-owned and private enterprises. This offers advantage for QAD to expand in the local China market."
According to the report, China's automotive industry IT solution market will develop stably at a 2012–2016 compound annual growth rate (CAGR) of 12.6 percent in the coming years. Upgrades, mergers, restructuring and divestures will drive the IT solution market.
“Leadership in China is the Result of QAD Laser Focus on Assisting Customers”
“The China automotive manufacturing market continues to grow at a robust rate, and IDC’s recognition of QAD as the market share leader demonstrates the demand we're seeing for QAD Enterprise Applications," said Paul Henderson, senior vice president, APAC Region at QAD. "Our leadership in China is the result of our laser focus on assisting our customers to perform at their best.”
QAD China headquarters are based in Shanghai with further field offices in Guangzhou and Beijing. QAD’s local research and development (R&D) presence, local training and support organization underscore its commitment to deliver the technology, the deployment flexibility and expertise required for success in China.
QAD Enterprise Applications – Ready for China On Demand
QAD Enterprise Applications helps customers meet local accounting and industry regulations with its support for local Chinese language capabilities. These capabilities include financial statements in Chinese, support for the Golden Tax Project, a national mandate to improve compliance with China’s value added tax laws, foreign exchange capabilities and import/export process functionality. Using QAD Enterprise Applications, customers can automate inter-company communication and transactions with capabilities for back-to-back sales order/purchase and order creation for automation of arm’s length transactions.
QAD's deployment-independent approach gives companies the flexibility to choose how they want to deploy Enterprise Applications in their China operations: On Demand, On Premise or a blended model.
“Our aim at QAD is to combine our focus on manufacturing and automotive industry standards to ensure we understand, better than any other ERP vendor, the challenges and opportunities China manufacturers face,” added Henderson. “At QAD, we are dedicated to helping every automotive customer achieve customer requirements for quality, cost and delivery. These are the factors that drive an Effective Enterprise.”
QAD defines an Effective Enterprise as one where every business process is working at peak efficiency and perfectly aligned to the company’s strategic goals. The pursuit of this vision drives the products that QAD develops, and the approach QAD takes when engaging with QAD customers.
According to the report, China's automotive industry IT solution market will develop stably at a 2012–2016 compound annual growth rate (CAGR) of 12.6 percent in the coming years. Upgrades, mergers, restructuring and divestures will drive the IT solution market.
“Leadership in China is the Result of QAD Laser Focus on Assisting Customers”
“The China automotive manufacturing market continues to grow at a robust rate, and IDC’s recognition of QAD as the market share leader demonstrates the demand we're seeing for QAD Enterprise Applications," said Paul Henderson, senior vice president, APAC Region at QAD. "Our leadership in China is the result of our laser focus on assisting our customers to perform at their best.”
QAD China headquarters are based in Shanghai with further field offices in Guangzhou and Beijing. QAD’s local research and development (R&D) presence, local training and support organization underscore its commitment to deliver the technology, the deployment flexibility and expertise required for success in China.
QAD Enterprise Applications – Ready for China On Demand
QAD Enterprise Applications helps customers meet local accounting and industry regulations with its support for local Chinese language capabilities. These capabilities include financial statements in Chinese, support for the Golden Tax Project, a national mandate to improve compliance with China’s value added tax laws, foreign exchange capabilities and import/export process functionality. Using QAD Enterprise Applications, customers can automate inter-company communication and transactions with capabilities for back-to-back sales order/purchase and order creation for automation of arm’s length transactions.
QAD's deployment-independent approach gives companies the flexibility to choose how they want to deploy Enterprise Applications in their China operations: On Demand, On Premise or a blended model.
“Our aim at QAD is to combine our focus on manufacturing and automotive industry standards to ensure we understand, better than any other ERP vendor, the challenges and opportunities China manufacturers face,” added Henderson. “At QAD, we are dedicated to helping every automotive customer achieve customer requirements for quality, cost and delivery. These are the factors that drive an Effective Enterprise.”
QAD defines an Effective Enterprise as one where every business process is working at peak efficiency and perfectly aligned to the company’s strategic goals. The pursuit of this vision drives the products that QAD develops, and the approach QAD takes when engaging with QAD customers.
