Press release from Business Wire India
Source: Ramco Systems Limited
Tuesday, September 27, 2011 03:29 PM IST (09:59 AM GMT)
Editors: General: Consumer interest, People; Business: Business services, Information technology; Technology
--------------------------------------------------
Ramco Systems: a suite of world-class ERP Solutions for accelerating Growth in Kerala
Kochi, Kerala, India, Tuesday, September 27, 2011 -- (Business Wire India) --
-- Industry-specific solutions for shipping, logistics, manufacturing, hospitality and real-estate sectors
-- Exciting potential for Cloud ERP-Ramco OnDemand ERP in Kerala
-- Pre-built Analytics and ADF solutions for banks in Kerala
Ramco Systems (BSE - 532370, NSE - RAMCOSYS, MSE - RSST), a leading software company focused on consulting, products and managed services, reaffirmed its offerings for the Kerala market with plans to further strengthen its presence in Kerala through focused efforts to tap the shipping, logistics, manufacturing, hospitality and real-estate sectors. Ramco Systems offers specialized ERP solutions for 11 industries and serves customers across 60 verticals.
Kerala is to become the 1st state with 100% broadband penetration. Villages in Kerala will have access to high-speed Internet access, making it India's first state with broadband connectivity (defined as 256 kbps and above) in every village. This initiative is expected to boost the penetration of cloud-based offerings for businesses in Kerala.
Ramco has been steadily growing its footprint in the cloud based ERP market in India with its offering Ramco OnDemand ERP (RODE). Worldwide, RODE is the first full-fledged ERP delivered on the cloud. Designed and developed to suit a wide spectrum of growing ERP needs, RODE also provides very powerful Analytics that helps organizations make well-informed business decisions. RODE supports the functionality required for industry verticals such as Discrete Manufacturing (Auto & Auto Component Manufacturers, Electronics & Engineering, Manufacturing Industries), Trading (Wholesale & Distribution), Services, Leather, Power Generation, Food Processing, and Dairy. Ramco currently has 3500+ users on the cloud.
Speaking on the occasion, Mr. R Shankar, Executive Vice President, India, Middle East & Africa said, "With an existing and strong reference-able customer base in shipping, such as Cochin Shipyard, Synergy Maritime and Hindustan Shipyard, Ramco Systems is well poised to capture a larger portion of the shipping and logistics market in Kerala. In addition to the traditional industries, there is a growing market for Cloud based solutions from small & medium enterprises. The cloud is a scalable and flexible model which helps organizations achieve their business goals with the latest technology without having to spend a fortune on an ERP product." He added, "Trading and Services are potential sectors, especially given the close proximity of Kerala with the Middle East, where Ramco has built a strong and diversified customer base over the years."
Kerala also has a good mix of commercial and co-operative banks and private financial institutions. For the BFSI sector, Ramco Systems has a pre-built, ready-to-run Ramco Banking Analytics. With this solution, banks can start reaping the benefits of Analytics at a fraction of the cost and time required to build a traditional Analytics solution. Ramco has also launched its Automated Data Flow offering, which enables banks to automatically adhere to RBI's guidelines for submission of returns with no any manual Intervention.
Ramco Systems offers specialized solutions for key verticals like Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Mining & Cement, Facilities Management, Banking & Financial Services, Aviation, Government, Defense and Sugar industries. Ramco's major product suites for these verticals are - Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Advanced Process Control, Ramco Aviation, Ramco OnDemand ERP (RODE), Ramco Enterprise Information Management Suite and Ramco Mine Management Suite.
About Ramco Systems:
Ramco Systems, a part of the USD 952 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 125,000 users from 800+ customer organizations since inception. The company currently has 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.inand 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/
CONTACT DETAILS
Vinitha Ramani, Ramco Systems Ltd., +91 9840368048, vinitharamani@rsi.ramco.com
Balakrishna Shankar, 20:20 MSL, +91 9789999841, balakrishna.shankar@2020msl.com
KEYWORDS
CONSUMER, PEOPLE, BUSINESS SERVICES, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
No comments:
Post a Comment