BWI: Ramco Systems Awarded for ‘Operational Excellence and Quality’ at the BPO Excellence Awards 2010-2011

Press release from Business Wire India
Source: Ramco Systems Limited
Tuesday, March 01, 2011 10:01 AM IST (04:31 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Ramco Systems Awarded for 'Operational Excellence and Quality' at the BPO Excellence Awards 2010-2011


Chennai, Tamil Nadu, India, Tuesday, March 01, 2011 -- (Business Wire India) -- Ramco Systems (BSE - 532370, NSE - RAMCOSYS, MSE - RSST); a leading software company focused on consulting, product and managed services, has won the prestigious award for 'Operational Excellence and Quality' at the BPO Excellence Awards 2010-2011, held at the Taj Lands End, Mumbai. Ramco won the award for exhibiting successful implementation of its acclaimed IP3 Framework, in bringing operational excellence and quality to customers. Mr. K A Vishwanathan, Head BPO, Ramco Systems, received the award on behalf of the company.

Launched in April 2010, the IP3 Framework (Infrastructure, Product, Process and People) incorporates a four staged approach which brings an optimal synthesis of technology and process coupled with the right human resources and infrastructure. This framework helps organizations to switch amongst models, such as BPO to Licensing to Hosting, given the flexibility and customized approach that is adopted. The outcome of this IP3 framework benefits the customers in the following way:

1. Interoperability Model (BPO-License-Hosting)
2. Reduction in CAPEX
3. Expertise in SLA based delivery
4. Avoidance of multiple risk points
5. Possession of a good delivery platform

On receiving the award, Mr. K A Vishwanathan, Head BPO, Ramco Systems, said, "I am extremely reveled to represent Ramco Systems in this prestigious forum. Within a year of the launch of the IP3 framework, we have received industry recognition and award for delivering 'Operational Excellence & Quality'. This further reinforces our belief and commitment to quality through our continuous investments in R&D, and innovation. Ramco's BPO division has been offering the best of services to customers and helping them in their growth with a robust technology. This award is a testimony to our customers' belief on Ramco and its offering."

About BPO Excellence Awards 2010-2011

The prestigious BPO Excellence Awards are given out each year in India by the business group 'Stars of the Industry,' recognizing outstanding performance and contribution of BPO players to the industry. The Stars of the Industry Awards recognize performance excellence across diverse sectors of Manufacturing, IT-ITES, FMCG Food Service & Hospitality Sector and Education.

About Ramco Systems

Ramco Systems, a part of the USD 875 million Ramco Group, is a leading software company focused on consulting, product and managed services business. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992, and later established as an independent company in 1999. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 100,000 users from 800+ customer organizations since inception. The company currently has 15 offices spread across India, USA, Canada, Europe, Middle East, South Africa and APAC and employs over 1,500 employees.

Ramco's key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform - Ramco VirtualWorksT. Ramco Systems has seven major product suites - Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Aviation, Ramco OnDemand ERP (ERP on Cloud), Ramco Enterprise Information Management Suite, Ramco Advanced Process Control, and Ramco Mine Management. Strong domain knowledge coupled with proven implementation expertise enables Ramco to provide specialized solutions in verticals such as Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Service, BFSI, Aviation, Government and Defense.

Ramco Systems has been assessed for ISO 9001:2008 and ISO 27001:2005 information security standards. Ramco's BPO unit is SAS 70 Type II certified.

"Ramco Systems Limited ("the Company") is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares and has filed a draft letter of offer ("DLOF") with the Securities and Exchange Board of India ("SEBI"). The DLOF is available on the website of SEBI at www.sebi.gov.in, on the website of the lead manager at www.centrum.co.in and of the Company at www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled "Risk Factors" of the aforementioned DLOF. The distribution of the DLOF to persons in certain jurisdictions outside India may be restricted by legal requirements prevailing in those jurisdictions. Persons into whose possession the DLOF may come will require them to inform themselves about and observe such restrictions. The equity shares proposed to be issued have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India (including but not limited to any securities laws in the United States) and may not be offered or sold, and persons in any such jurisdiction shall not participate in the proposed issue except in compliance with the applicable laws of such jurisdiction".

For more information, please visit www.ramco.com

Follow Ramco on Twitter @ramcosystems /read latest news & updates on http://www.ramcoblog.com/

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K A Vishwanathan, Head BPO, Ramco Systems, receiving the BPO Excellence Awards 2010-2011 on behalf of the company


CONTACT DETAILS
Vinitha Ramani , Ramco Systems Limited, +91 9840368048, vinitharamani@rsi.ramco.com
Twinkle Xavier, 20:20 MEDIA, +91 9884480115, twinkle@2020india.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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