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|i2O Named QAD Cloud Customer of the Year - High Tech for Europe, Middle East and Africa (EMEA)|
"Like QAD, i2O is a firm believer in the power of technology to produce game-changing results, so we are proud to receive the QAD Cloud Customer of the Year – High Tech award," said i2O CFO
Headquartered in the
i2O first implemented QAD Cloud ERP in 2011, becoming QAD's third cloud customer in the
i2O also implemented QAD Channel Islands, the next generation user experience initiative for QAD Cloud ERP. QAD Channel Islands empowers and enables the user, providing a consistent, role-based and device-independent interface that's personalized to the activity and user to increase efficiency, simplify task completion and provide insight for decision-making.
"We are proud to recognize i2O as our Customer of the Year - High Tech in recognition of their continued use of QAD Cloud ERP and QAD Channel Islands," said JC Walravens, senior vice president of QAD EMEA. "We were impressed with i2O's state-of-the-art assembly facility which allows them to provide high quality, built to order hardware for their clients around the world. Their solutions are incredibly forward thinking, providing new ways to leverage data to mitigate risks, lower costs and improve performance. At QAD, we constantly evaluate new technologies, many of which are data-based, to provide exactly the same benefits to our customers."
i2O (www.i2owater.com) provides a suite of smart network solutions to help water utilities respond to the challenges created by an increasing and urbanising population, more extreme weather events, aging infrastructure, more demanding customers and constraints on expenditure. More than 100 utilities in over 25 countries around the world have installed i2O solutions since the company was founded in 2005; reducing leaks, bursts, energy and operating costs, extending asset life, improving customer service, and achieving return on investment within 12 months. i2O is headquartered in
About QAD – The Effective Enterprise
For more information about QAD, call +1 805-566-6000, visit http://www.qad.com.
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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
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