Manufacturing software vendor, QAD, expects the shift to the cloud will produce double-digit cloud revenue growth for the next few years. In the recent earnings webcast for the second quarter ended July 31, CEO However, that reflected a sharp decline in other income, which fell to $118,000 from $809,000 in last year’s corresponding period as operating income rose to $2.1 million from $1.5 million. Revenue grew to $73.1 million for the quarter, a rise of 12 percent from $65.2 million. Subscription revenue hit $6.4 million, an increase of 42.2 percent from $4.5 million a year ago. By comparison license fees reached just under $9 million, up 4.1 percent from $8.7 million. The majority of revenue comes from maintenance which came in at $36.1 million in the second quarter, up 5.2 percent from $34.3 million a year ago. Lopker was pleased with the results. This was our best second quarter and first half performance, ever,” he said. One reason was a surge in the movement to the cloud in Europe. Lopker said a majority of the new cloud business is coming from conversions of desktop customers.