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Epicor and The HADA Group Announce Strategic Alliance to Deliver Next-Generation EPM Solution to Hospitality OrganizationsHospitality Industry Customers to Benefit From Comprehensive BI Solution (May 09, 2012)
LAS VEGAS, NV -- (Marketwire) -- 05/09/12 -- INSIGHTS 2012 -- Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced the strengthened alliance to deliver the Epicor® next-generation enterprise resource planning (ERP) solution with EPM for Hospitality from The Hada Group (THG), a solution specifically designed for companies in the hospitality industry. The alliance will help meet the growing need among resorts, hotels, restaurants, and country club organizations for a scalable and flexible enterprise performance management (EPM) solution that enables them to plan, execute and analyze at strategic and tactical levels -- aligning business activities with business goals.
Working cooperatively with THG, and building on its own proven success delivering industry-specific ERP solutions to retail, manufacturing, distribution, hospitality, and services organizations, Epicor reaffirms and deepens its commitment to the hospitality industry. Effective business intelligence (BI) is an important component of an EPM strategy, and the alignment with THG creates an opportunity to deliver an integrated BI solution built around hospitality industry best practices.
Under the agreement, Epicor will deliver THG's sophisticated BI suite with Epicor ERP, Epicor iScala and Epicor Enterprise solutions. Epicor and THG have a number of joint customers in the hospitality industry today that could immediately benefit from this new class of industry-specific analytics applications.
"Our relationship with Epicor to deliver a comprehensive BI solution to the hospitality industry leverages the key strengths of both organizations," said Horacio Agostinelli, president and general manager of THG. "Epicor brings more than 40 years of experience developing, marketing, selling, and implementing ERP solutions that provide organizations around the world with a competitive advantage; combined with our expertise in bringing integrated business solutions to the hospitality industry, this creates a win-win for new and existing customers."
"We have seen a dramatic change in the hospitality industry with the evolution of BI solutions, mobile computing, and rich interfaces in a browser," said John Hiraoka, executive vice president and chief marketing officer for Epicor. "We believe integrating these new technologies seamlessly as part of an overall BI platform can increase performance and productivity for a wide variety of hospitality businesses.
"The alliance with THG supports our strategic focus to extend the offerings and market presence within industries we've traditionally served, as well as expand into complementary industries. We've been very successful providing business management software to the hospitality industry; EPM for Hospitality, coupled with THG's industry best practices and experience will allow us to create an even stronger value proposition for this market segment," Hiraoka concluded.
Announcing EPM for Hospitality
Best-in-class hospitality organizations are demanding more industry-specific BI functionality according to Agostinelli, "As ERP solution providers continue to expand the breadth and depth of coverage in specific industries it is rare to find an ERP solution which satisfies every requirement. Alliances like the one announced by Epicor and THG, stand to drive collaboration and innovation for specific vertical market segments; in this case to the benefit of resorts, hotels, restaurants, and country club organizations."
EPM for Hospitality is an extensive and flexible BI solution that combines the strength of the award-winning Epicor ERP software and Epicor EPM platform, with the sophisticated, industry-specific BI solution from THG. Leveraging features of Epicor EPM Performance Canvas, EPM for Hospitality is a comprehensive BI solution for hospitality company executives and managers delivering a broad and deep view of operational performance and financial results. EPM for Hospitality gives hospitality organization executives the ability to graphically view a wealth of operational and financial KPIs of all their properties and corresponding departments from a common set of dashboards, and group them or compare them side-by-side.
With EPM for Hospitality executives can review the corresponding daily performance of their properties, compared with the last week activity, of the last 28 days performance, MTD, QTD, YTD and comparison with prior years, comparing actual, to forecast, budget and last year's actual information. They can also review all this information, in the same dashboard layout, 24/7, from anywhere, and do ad-hoc what-if analysis directly from their corresponding iPads, iPhones, BlackBerry, or most tablets and smart phones.
About The HADA Group, LLC
The HADA Group is a business management, operations and technology consulting firm focused on providing modern and efficient integrated back-office and front-office, custom and out-of-the-box business intelligence solutions to mid- and large-size companies primarily in the Hospitality and Entertainment industry. The HADA Group establishes long-term partnerships with its customers, working closely with executive management and leadership teams in the architecting, definition, planning and implementation of business transformation projects. Established in 1996, The HADA Group is headquartered in Boca Raton, Florida, and has been an Epicor Authorized Partner since 1996, providing solutions to customers worldwide through its own local representation and resources, and via strategic partnerships with other specialized consulting and technology firms in the respective regions. For more information, visit www.thehadagroup.com.
About Epicor Software Corporation
Epicor Software Corporation is a global leader delivering business software solutions to the manufacturing, distribution, retail and services industries. With nearly 40 years of experience serving midmarket organizations and divisions of Global 1000 companies, Epicor has more than 20,000 customers in over 150 countries. Epicor enterprise resource planning (ERP), point of sale (POS), supply chain management (SCM), and human capital management (HCM) enable companies to drive increased efficiency and improve profitability. With a history of innovation, industry expertise and passion for excellence, Epicor inspires customers to build lasting competitive advantage. Epicor provides the single point of accountability that local, regional and global businesses demand. The Company's headquarters are located in Dublin, California, with offices and affiliates worldwide. For more information, visit www.epicor.com.
Epicor is a registered trademark of Epicor Software Corporation. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.
This document includes descriptions of product functionality that is not presently available. This press release contains certain statements which may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding future product releases, growth prospects, and the direction and launch of future functionality and other statements that are not historical fact. These forward-looking statements are based on currently available competitive, financial and economic data together with management's views and assumptions regarding future events and business performance at the time the statements are made and are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements. Such risks and uncertainties include but are not limited to changes in the demand for Epicor's products; the timely availability and market acceptance of new products and upgrades; the impact of competitive products and pricing; the discovery of undetected software errors; changes in the financial condition of Epicor's customers; and other factors discussed in Epicor's quarterly report on Form 10-Q for the quarter ended December 31, 2011 as well as its S-4 Registration Statement filed on January 11, 2012. As a result of these factors the business or prospects expected by Epicor as part of this announcement may not occur. Epicor undertakes no obligation to revise or update publicly any forward-looking statements.
Senior Director, Public Relations
Epicor Software Corporation
President & Managing Director
The HADA Group, LLC
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