QAD | February 02, 2023
Leading manufacturing and supply chain solutions provider, QAD Inc., has acquired Redzone, the #1 connected workforce solution for manufacturing. QAD, a portfolio company of leading private equity firm, Thoma Bravo, provides cloud-based Adaptive ERP solutions.
In December, Livejourney was also acquired by QAD. Livejourney, a provider of predictive modeling and real-time process mining system designed to uncover, monitor, and enhance business processes. This is the second acquisition that QAD has successfully completed in the last two months. The QAD Adaptive Enterprise is one in which manufacturers and supply chains swiftly adapt and seamlessly optimize resilience, agility and overall efficiency for superior customer service in a tumultuous world with supply disruptions and demand swings.
The addition of Redzone's connected workforce offering gives QAD customers the ability to quickly and significantly boost empowerment, retention, and productivity on the front lines, hence enhancing the QAD Adaptive Applications product suite. Employees that adopt a growth mentality are more equipped to accept full responsibility for issues that affect their production targets, make continual progress, and build resilience in the face of disruption.
Anton Chilton, QAD CEO, said, “We are delighted to bring Redzone into the QAD family.” He further added, “We believe the emerging connected workforce space is the most transformational area of technology for manufacturing companies. As we assessed the market for the category leader, it was evident that not only is Redzone the #1 provider globally but also the pioneer of the category and the one who continues to define it. And the Company’s financial performance speaks to its market leadership: profitable since inception, SaaS revenues growing 35 percent organically, and a clear path to being the first connected workforce solution in manufacturing to achieve $100 million revenue run rate this year.”
(Source - GlobeNewswire)
QAD is a leading cloud-based manufacturing and supply chain solutions provider. The company’s adaptive applications help manufacturers and supply chains quickly adapt to change and seamlessly optimize agility, efficiency, and resilience for successful customer service in a volatile world with supply disruptions and swings in demand. The company’s solutions include supplier relationship management (SRM), enterprise resource planning (ERP), digital supply chain planning (DSCP), digital commerce (DC), transportation execution (GTTE), enterprise quality management systems and global trade.
WMG Technologies | March 03, 2023
ABC Technologies Holdings Inc., a leading manufacturer and supplier of highly engineered, custom, technical plastics and lightweight innovations to the global automotive industry, recently informed that it has completed the previously-announced acquisition of WMG Technologies from the Bierer family for US$165 million with potential earn-out payments that may become payable upon the achievement of specific profitability targets over the next couple of years.
ABC Technologies Holdings Inc. serves over 25 original equipment manufacturer customers worldwide through a strategically-located footprint. Interior systems, external systems, HVAC, fluids, and others are the three categories of products that the company provides to its customers.
Nevertheless, the company utilized its credit facilities in accordance with the modified and restated credit agreement dated December 5, 2022, in order to provide funding for the First Closing.
WMGT is a top tier-1 and tier-2 supplier to major global automobile OEMs with headquarters in Windsor (Ontario) and locations around North America. The company is the go-to source for sophisticated tooling for injection molded exterior and interior parts, lighting molds, and optic inserts. It also offers a wide range of supplementary exterior goods.
MANUFACTURING TECHNOLOGY, PROCUREMENT & SUPPLY CHAIN
Ivanti | March 16, 2023
Ivanti Wavelink today announced that it is merging Ivanti Wavelink and Zebra Autonomous Mobile Robots (AMRs) in manufacturing and warehouse facilities. Ivanti Wavelink, the supply chain operation unit at Ivanti, and Zebra Technologies Corporation, an inventor at the forefront of its line of business with solutions and partners that deliver a performance edge, will accelerate the effectiveness of automation. The solution will boost productivity and efficiency while letting workers focus on high-value tasks.
The integration of Ivanti Wavelink's Velocity Voice Direction platform with Zebra's Fetch AMRs will increase automation for businesses that seek to streamline complex material transportation procedures. Zebra AMRs may now be controlled by Velocity apps or voice direction without modifying the host WMS, ERP, or other enterprise systems, making robots easy to integrate into workflows. Robots can reduce manual material handling by 50%, enhancing production, workflow, and safety.
The Velocity platform guides Zebra AMRs through workflows, which adds value to operations for moving and handling goods. Ivanti Neurons for IIoT insights give customers visibility into AMR status, including what task each robot is doing and any delays or disturbances.
James Lawton, General Manager and Vice President of Robotics Automation at Zebra Technologies, remarked, "Our customers recognize that automation is key to the future of their operations and are ready to make investments in strategies and solutions that can get them where they need to be quickly."
He added, "Integrating Ivanti Wavelink's Velocity platform with our Fetch AMRs brings the kind of sophistication customers are looking for – in this case, integrating voice commands with AMRs, so work gets done quickly, correctly and without friction."
(Source –Business Wire)
Brandon Black, Senior Vice President and General Manager at Ivanti, stated, "This partnership is another example of how our 'hands off the host app' approach that is a core tenet of the Ivanti Wavelink's Velocity platform can aid in increasing productivity, accuracy, and safety. Because Velocity interfaces with existing enterprise applications without the need to migrate or modify the host application, there is minimal implementation time."
(Source –Business Wire)
Ivanti discovers, manages, secures, and services IT assets from cloud to edge. It serves over 40,000 customers, including 96 of Fortune 100. It values all perspectives at Ivanti and works toward a more sustainable future for its partners, customers, staff, and the world. Customers choose Ivanti to discover, manage, secure and service their IT assets from cloud to edge to deliver excellent digital employee experiences and improve the IT and security teams' productivity and efficiency.