CDC Software Launches Cloud Compensation and Benefits Solution on Microsoft Azure Platform in China
November 01 2011 - 9:00AM
Business Wire
CDC Software Corporation, a global enterprise software provider
of on-premise and cloud deployments, today announced the launch of
Platinum PayOne on the Cloud, a software-as-a-service (SaaS)
Compensation and Benefits (C&B) solution supporting the
Microsoft Windows Azure platform, that offers low total cost of
ownership to small and medium-size (SMB) businesses in mainland
China.
This cloud version of the Platinum C&B solution, targeting
SMB businesses in both Mainland China and Hong Kong, was developed
with Web Role and SQL Azure, and is hosted by Microsoft data
centers. Platinum PayOne on the Cloud is the latest cloud
application under the Platinum HRM in the Cloud suite which
introduced three modules last June that included: group management,
human resource management and recruitment management. Other cloud
HRM solutions, supporting Windows Azure, that are planned for
future rollout next year include Attendance Management and
Performance Appraisal solutions.
The Platinum C&B solution helps enterprises manage a variety
of policies and rules in China, respond rapidly to frequent policy
changes and new released rules, and ensure data security and
operational continuity with the support of Microsoft Cloud
Platform’s centralized data center, extended service platform and
security technologies.
“This latest launch of another cloud solution supporting
Microsoft Azure illustrates the strong cooperation between CDC
Software and Microsoft in advancing cloud technology,” said Edmund
Lau, senior vice president of Greater China for CDC Software. “With
Platinum PayOne on the Cloud, CDC Software has leveraged the
feature rich and powerful functionality of Platinum HRM, which has
served large enterprises and multinationals in China for decades,
and designed a cloud compensation and benefits solution that is
ideally suited to the distinct requirements of SMBs in China. We
are very excited to offer this compensation and benefits cloud
solution that we believe will help SMBs accelerate system
deployment, improve reliability and increase IT scalability, and
lower maintenance costs and their overall IT investments. With this
solution, SMBs now can concentrate their limited resources and
capital spending into other critical areas of their business such
as development, sales and marketing and services.”
The cloud-based C&B solution has already attracted interest
in the market, and Suzhou-based Jiangsu Feng Yun Network Service
Company is the first planned client.
“We believe that the ultimate goal of cloud computing is to
deliver services to end-users and customers in terms of IT
computing resources and applications, and to make it as convenient
as how we use energy and other technologies, such as water,
electricity, gas and communications,” said Ted Liu, partner
director of the Microsoft China Developer and Platform Evangelism
Group. “Microsoft has built and is operating dozen of large data
centers around the world and dedicates significant resources in the
development of clouding computing. We look forward to a continuous
and deepened partnership with CDC Software to develop technological
and business innovations, promote software development on the cloud
computing platform, and work together toward a long-term win-win
cooperation.”
About Platinum HRM
For more than 20 years, Platinum HRM has been one of the leading
human capital management (HCM) solution specifically designed to
meet the business and regulatory requirements of the China mainland
and Hong Kong. The Human Resources and Payroll applications are
used by more than 1,000 companies, including multinationals, small-
and medium-sized domestic companies, and state-owned
enterprises.
About CDC Software
CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a
global enterprise software provider of on-premise and cloud
deployments. Leveraging a service-oriented architecture (SOA), CDC
Software offers multiple delivery options for their solutions
including on-premise, hosted, cloud-based Software as a Service
(SaaS) or blended-hybrid deployment offerings. CDC Software's
solutions include enterprise resource planning (ERP), manufacturing
operations management, enterprise manufacturing intelligence,
supply chain management (demand management, order management and
warehouse and transportation management), global trade management,
e-Commerce, human capital management, customer relationship
management (CRM), complaint management and aged care solutions.
CDC Software's acquisitions are part of its "integrate, innovate
and grow" strategy. Fueling the success of this strategy is the
company's global scalable business and technology infrastructure
featuring multiple complementary applications and services, domain
expertise in vertical markets, cost effective product engineering
centers in India and China, a highly collaborative and fast product
development process utilizing Agile methodologies, and a worldwide
network of direct sales and channel operations. This strategy has
helped CDC Software deliver innovative and industry-specific
solutions to approximately 10,000 customers worldwide within the
manufacturing, distribution, transportation, retail, government,
real estate, financial services, health care, and not-for-profit
industries. For more information, please visit
www.cdcsoftware.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995. These forward-looking statements include
statements relating to our beliefs about SMBs ability to help
accelerate system deployment, improve reliability, increase IT
scalability, and lower maintenance costs and overall IT
investments, concentrate limited resources and capital spending
into other critical areas of their business such as development,
sales and marketing and services, our beliefs regarding Cloud
computing and our relationship with Microsoft, and other statements
that are not historical fact, the achievement of which involve
risks, uncertainties and assumptions. These statements are based on
management's current expectations and are subject to risks and
uncertainties and changes in circumstances. There are important
factors that could cause actual results to differ materially from
those anticipated in the forward looking statements, including the
following; the ability to realize strategic objectives by taking
advantage of market opportunities in targeted geographic markets;
risks related to the recent trading halt of our shares and the
continued listing of our shares on NASDAQ; the ability to develop
and market successful products and services, including our
expansion in cloud solutions; the entry of new competitors and
their technological advances; the possibility of development or
deployment difficulties or delays. In addition, please refer to the
CDC Software’s recent filings with U.S. Securities and Exchange
Commission (the “SEC”) on Forms 6-K. These filings identify and
address other important risk factors. Further information on risks
or other factors that could cause results to differ is detailed in
our filings or submissions with the United States Securities and
Exchange Commission, including our current reports on Forms 6-K and
Annual Report on form 20-F for the year ended December 31, 2009,
filed with the SEC on June 1, 2010, and those of our ultimate
parent company, CDC Corporation. All forward-looking statements
included in this press release are based upon information available
to management as of the date of the press release, and you are
cautioned not to place undue reliance on any forward looking
statements which speak only as of the date of this press release.
The company makes no representations or warranties herein regarding
its products and services and assumes no obligation to update or
alter the forward looking statements whether as a result of new
information, future events or otherwise. Historical results are not
indicative of future performance.
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