QAD Strengths, Domain Expertise, and Key Differentiators
QAD delivers enterprise software solutions tailored for prominent global manufacturing firms. Its Adaptive Applications streamline management and optimize efficiency across manufacturing and supply chain operations, facilitating seamless transactions and collaboration with customers, suppliers, and partners worldwide. QAD's solutions are meticulously designed to seamlessly integrate with the automotive, life sciences, consumer products, food & beverage, high-tech, and industrial sectors. The QAD Enterprise Platform further enables easy extension and development of new applications without disrupting upgrade processes.
QAD Adaptive ERP provides essential manufacturing functionalities across finance, customer management, manufacturing, and supply chain operations. Built on the QAD Enterprise Platform with modern architecture, it offers the Adaptive User Experience (Adaptive UX). Complementing this, the QAD Adaptive Applications suite includes solutions for demand and supply chain planning, global trade, automation, supplier management, EDI, quality management, and production execution, all seamlessly integrated with QAD Adaptive ERP. The QAD Cloud ensures global coverage with 24x7 support.
QAD Recent Developments
In February 2024, QAD unveiled its Industrial Transformation Platform, also referred to as the O³ Platform, signaling a pivotal step in its mission to offer comprehensive solutions beyond traditional enterprise software. The platform signifies QAD's dedication to optimizing People, Processes, and Systems, facilitating a transformative path for manufacturers and supply chains striving for operational excellence and heightened productivity on a global scale.
In December 2023, QAD unveiled a new release to QAD Digital Supply Chain Planning (DSCP), strategically engineered to enhance supply chain efficacy and empower clients in navigating dynamic cost fluctuations and macroeconomic influences.
In November 2023, QAD unveiled Miny, a digital assistant designed to enhance user experience and streamline operations within QAD's process mining solution, QAD Process Intelligence. Miny leverages generative AI technology, trained on a secure version of OpenAI's GPT-4, to facilitate discussions on process mining, address inquiries using everyday language, guide users through system navigation, and summarize insights gleaned from QAD Process Intelligence regarding monitored business processes.
In February 2023, QAD unveiled a refreshed visual brand, signaling more than just a logo update. It represents the embodiment of the company's energy and forward-looking vision. Since QAD's last brand launch in 1995, significant transformations have occurred. The new brand amalgamates the company's refined vision for the Adaptive Enterprise, recent acquisitions, and the burgeoning growth of its SaaS solutions, all aimed at empowering manufacturers and supply chains.
QAD Mergers and Acquisitions (M&A) Activities
In February 2023, QAD acquired Redzone, recognized as the premier Connected Workforce Platform globally, as part of its strategic vision for the Adaptive Enterprise. This acquisition enhances manufacturers' capabilities in bolstering productivity and frontline engagement, crucial for navigating challenges such as escalating input costs and labor shortages.
On November 5, 2021, Thoma Bravo, a prominent software investment firm, finalized its acquisition of QAD Inc. for approximately $2 billion in cash. Despite some hurdles, the transaction, initially disclosed on June 28, 2021, marked a significant milestone for both entities. Thoma Bravo expressed its commitment to supporting QAD's mission of enabling customers to adapt swiftly to disruptions and innovate effectively for competitive advantage. They pledged expertise, resources, and support to build upon QAD's momentum as a publicly traded company.
QAD Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying QAD applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of QAD and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified QAD Adaptive ERP, QAD EQMS, QAD Digital Supply Chain Planning (DSCP) customers.
QAD Overview
100 Innovation Place
Santa Barbara, CA, 93108, United States
1 805-566-6100
https://www.qad.com/
Ownership: - Thoma Bravo
Number of Employees: 1930
Functional Markets: Analytics and BI, CRM, eCommerce, ERP Financial, ERP Services and Operations, PLM, PPM, Procurement, SCM,
Key Verticals: Aerospace and Defense, Automotive, Communications, Construction, Consumer Packaged Goods, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Retail, Transportation, Utilities,
QAD Key Enterprise and Cloud Applications
QAD Adaptive ERP, QAD EQMS, QAD Digital Supply Chain Planning (DSCP)
QAD Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
QAD Revenue Breakdown By Type, $M:
QAD Enterprise Applications Revenues By Functional Markets, $M:
QAD Enterprise Applications Revenues By Verticals, $M:
QAD Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
QAD Direct vs Indirect sales
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
QAD Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified QAD Customers
No. of QAD Customers: x
No. of QAD Enterprise Applications Customers: x
No. of QAD Cloud Customers: x
No. of QAD Cloud Subscribers: x
In October 2023, Envista, a prominent global consortium comprising over 30 renowned dental brands operating across 120 countries, opted for QAD Global Trade and Transportation Execution (GTTE) to manage high-volume parcel, heavy freight, and white-glove deliveries. By deploying QAD Transportation Execution in the cloud, Envista aims to facilitate time-sensitive deliveries, standardize shipping processes across its global network, and mitigate transportation expenses. Furthermore, Envista implemented QAD Delivery Exception Management, a centralized portal enabling real-time tracking of all deliveries worldwide, with proactive alerts for potential in-transit disruptions.
In January 2022, The Sauermann Group, renowned manufacturers of innovative solutions within the industrial and HVACR sectors, opted for QAD Adaptive ERP to streamline and unify their international operations into a globally cohesive enterprise. By adopting the QAD solution as its global platform, Sauermann aims to harmonize, centralize, and oversee the Group's diverse operations across 12 sites, encompassing four manufacturing facilities spanning three continents. This implementation serves 230 employees worldwide utilizing QAD Adaptive ERP.
In January 2022, QAD expanded its customer portfolio by adding Atlis Motor Vehicles (ATLIS), a pioneering mobility technology startup. ATLIS deployed QAD Adaptive ERP along with several solutions from the Adaptive Applications portfolio, such as QAD EQMS (Enterprise Quality Management System), QAD SRM (Supplier Relationship Management), QAD Demand and Delivery, QAD Automation Solutions, and Advanced Warehousing, leveraging the capabilities of the Enterprise Platform.
QAD Adaptive ERP and QAD Adaptive Applications customers include Nexteer, Lear Corporation, Lasko, Scosche, Sun-Maid, Comvita, SPC, FEI, Encoder, Saft, Marrucci, Watts, Amcor, Arthrex, HeartWare, Second Sight, Autoliv, Amtico, Sharp, Laerdal, Yanfeng Automotive Interiors, and many others.
QAD Market Opportunities, M&A and Geo Expansions
QAD's ongoing investment in development and strategic acquisitions in target verticals makes it appealing to both existing and potential customers, particularly those dealing with legacy systems. While historically strong in automotive, it has gained traction in other sectors like consumer products, food & beverage, high tech, industrial, and life sciences. This diversification is evident in its sustained growth, with total revenue for the fiscal 2022 second quarter reaching $84.8 million, up from $74.1 million the previous year. With an annual revenue run rate of $308 million, QAD seeks new channel partners with industry expertise to expand its market presence.
The availability of QAD Adaptive ERP alongside the QAD Enterprise Platform and Adaptive UX, for both existing and prospective customers in the QAD Cloud, has brought about significant enhancements across the portfolio through two major releases over the last year. This includes the reengineering of various solutions such as Fixed Assets and QAD Supplier Portal. Both releases have further expanded the number and capabilities of role-based Action Centers, featuring embedded analytics, over 300 built-in KPIs, and the flexibility to easily modify or create new dashboards and KPIs.
QAD Risks and Challenges
QAD's customer base includes a variety of users, some of whom have yet to upgrade to the latest product release. Many remain on outdated versions, often due to entrenched practices and extensive customization. However, these customers pose a risk. Transitioning from older versions to the latest release or migrating to the cloud is not necessarily a straightforward process. To fully leverage the advantages of modernized, technology-driven solutions, re-implementation may be necessary. Consequently, this presents an opportunity for a comprehensive selection process, potentially leading to the consideration of alternative products.
While QAD's architecture is capable of accommodating multi-tenant deployment, the company selectively employs this approach, primarily in cases where it is deemed essential, such as supply relationship management and eCommerce applications. Multi-tenancy is utilized at the Infrastructure-as-a-Service (IaaS) layer. QAD's concentrated efforts on ensuring the availability and performance of cloud instances have led to a remarkable track record, with the QAD Cloud boasting over 99.9% availability over the past three years.
Despite the potential limitation of not adopting a multi-tenant approach, QAD has successfully targeted specific industries. For instance, its FDA-qualified cloud offering for Life Sciences has garnered significant interest from early-stage companies in that sector. Additionally, QAD's integration with MMOG/LE, a global standard for assessing supply chain management processes, has appealed to emerging automotive manufacturers, particularly amidst increased emphasis on quality in the automotive industry. This focus has presented QAD with notable opportunities, especially during the pandemic-induced restart of manufacturing operations.
QAD Ecosystem, Partners, Resellers and SI
In September 2023, QAD unveiled an expanded collaboration with SMC³, a premier technology solutions provider, to bolster less-than-truckload (LTL) shipping capabilities in the United States. This partnership amalgamates the expertise of two industry frontrunners, enabling US shippers to access increased carrier capacity, digitize LTL shipping processes, and manage costs effectively. Through this integration, QAD clients gain access to contract pricing and transit time information from multiple LTL carriers, facilitating the digital scheduling of shipments for pickup. With streamlined access to real-time shipment ratings, customers can confidently make informed decisions at their fingertips.
In January 2022, QAD disclosed the addition of MothersonSumi Infotech & Designs(MIND) to its expanding global partner network. MIND, operating within the technology and industrial solutions sector of the Motherson Group, will assume responsibilities to market, implement, and provide support for QAD's Adaptive Applications portfolio of cloud solutions, notably QAD Adaptive ERP, across the APAC and EMEA regions.
QAD is seeking to enhance its indirect channel. In July 2021, the company announced its active pursuit of partners to expand its QAD Global Partner ecosystem. This network encompasses channel partners, technology partners, solution partners, and consulting and system integrator partners collaborating with QAD to deliver a diverse array of sales, support, complementary solutions, and services to QAD customers worldwide. With over 100 partners, the QAD Global Partner Network complements QAD’s offerings, enabling the delivery of innovative solutions, services, and technology to assist customers in modernizing their business processes, navigating disruption, and gaining competitive advantage.
The QAD Partner Network comprises firms such as Adaptivity, Digitus, Cleo, eSun, Avalara, Atturra, Infosys, Prophix, DocLib, Viseo, Coloreego, Boomi, Crescendo, and numerous others.
QAD Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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