Quadrant 4 Systems Details Cloud Computing Offerings and Go-to-Market Strategy
25 June 2011 - 8:07AM
Marketwired
Quadrant 4 Systems Corp. (OTCQB: QFOR), a leading IT consulting
company ("Quadrant"), today announced details regarding its Cloud
Computing Offerings and go-to-market strategy to launch Software as
a Service (SaaS), Platform as a Service (PaaS), and Infrastructure
as a Service (IaaS) for small to large-sized businesses.
Quadrant's business strategy capitalizes on the increased demand
for power and data capacity due to the explosive growth in data and
processing requirements of most businesses. The Company's
Cloud-based applications provide an alternative to in-house data
centers, can accelerate the time-to-market and also reduce the
large capital investments required for data center expansion,
infrastructure hardware and software purchases for enterprises. CEO
of Quadrant, Dr. Nandu Thondavadi, said, "Quadrant's near-term
strategy is to begin offering SaaS followed by PaaS. Over the mid-
to long-term range, Quadrant will further expand its offerings by
including IaaS."
SaaS offerings are usually a broad range of common software
applications such as Productivity Suites, CRM, ERP, Marketing Lead
Generation, Product Lifecycle Management, Supply Chain Management,
etc. Quadrant plans to provide popular applications such as
GoogleMail, NetSuite and Productivity Suites, which will benefit
the small-to-medium enterprise market.
PaaS provides a platform to software developers to build new
applications or extend existing ones without having to purchase
development, quality assurance, or production server
infrastructure. This enables companies to create custom
applications for their own use, while allowing third parties to
create solutions for vertical niches. Quadrant is considering
Salesforce.com's Force.com, Google's App Engine, and Microsoft's
Azure to be offered as a part of this service.
IaaS offerings will deliver a virtual computing infrastructure
to users as a fully outsourced service, where managed hosting and
SaaS environments will be included. Users will have the ultimate
flexibility to acquire and utilize infrastructure based on their
requirements, which may be short or long-term. This will save the
users the cost of investing in hardware and/or software
infrastructure that may be used only once or not for months.
Quadrant plans to adopt a "pay as you go" model, helping users to
better manage costs by accessing IaaS on an as-needed basis.
Dr. Nandu Thondavadi concluded, "Quadrant's IaaS offering will
allow all users to enjoy access to an enterprise-grade IT
Infrastructure and resources that might be otherwise cost
prohibitive. Our usage-based pricing can save considerable costs on
products or services, which our customers may need only once in a
while. For a start-up or small business, our services can help
conserve cash by keeping their capital expenditures under control.
Our infrastructure will give users the ability to quickly deploy
applications as if they owned their own hardware and data
center."
About Quadrant 4 Systems
Quadrant 4 Systems Corp. is a leading provider the next
generation IT Services and ITES led by a team of accomplished IT
industry veterans. By leveraging its talents and facilities in
North America and off-shore offices in India, the Company provides
smart-sourced solutions that help over 150 business customers
achieve their goals of developing customized solutions and cost
savings across multiple verticals and geographies. With three
acquisitions completed, Quadrant's growth-through-acquisition
business model has yielded sustained year-over-year growth in
earnings, profitability and market recognition. For more
information on Quadrant 4, please visit www.quadrantfour.com.
Forward-Looking Statements
This release contains forward-looking statements which are
subject to the inherent uncertainties in predicting future results
and conditions. Any statements that are not statements of
historical fact (including statements containing the words
"believes," "plans," "anticipate," "expects," "estimates," and
similar expressions) should be considered to be forward-looking
statements, within the meaning of Section 27A of the Securities Act
of 1933, and Section 21E of the Exchange Act of 1934, as each is
amended, for which the Private Securities Litigation Reform Act of
1995 provides a safe harbor. Certain factors (including but not
limited to those risk factors identified from time to time in our
filings with the Securities and Exchange Commission as well as
changes in economic conditions; outcome of negotiations; changes in
the Company's access to necessary capital; outcome of litigation;
volatility of capital markets; variability and timing of business
opportunities; changes in accounting policies and practices; the
effects of internal organizational changes; adverse state and
federal regulation and legislation; and the occurrence of
extraordinary or catastrophic events and terrorist acts; or other
unforeseen changes in circumstances) could cause actual results and
conditions to differ materially from those projected in such
forward-looking statements. We do not undertake any obligation to
release publicly revised or updated forward-looking information,
and such information included in this release is based on
information currently available and may not be reliable after this
date.
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