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Ramco getting market recognition for its cloud offerings

Anuradha Shukla | Feb. 14, 2013
Its global income stood at US$12.36 million for the quarter ended 31 December 2012.

Enterprise software company Ramco Systems is getting recognition for its cloud offerings and is further strengthening its presence in the global market.

The company recently announced the results for the third quarter of financial year 2012-13 and reported that its global income including revenues from subsidiaries in USA, Canada, Switzerland, Singapore, Malaysia, South Africa and Dubai stood at US$12.36 million for the quarter ended 31 December 2012.

During the third quarter of financial year 2012-13, Ramco saw good traction for Ramco ERP on Cloud in Americas and added SPATIAL capability to its ERP product line with Google Maps.

Ramco Systems has made its place in global markets for Ramco ERP on Cloud, and its products are especially popular in markets such as US and Australia.

"Our partner strategy coupled with focus on building the brand using digital medium have started paying results," said Virender Aggarwal, CEO, Ramco Systems. "Our focus will now be towards building features that will help us differentiate and stand out from the rest of the ERP vendors. On the business front, our revenues have been growing QoQ and we look forward to continuing this growth in the future."

Building futuristic enterprise solutions

Ramco also landed new contracts from GoAir, Air Tahiti, Emirates and an airline in the Caribbean, indicating increase in its Aviation business during the third quarter of financial year 2012-13.

The company also added more than 20 partners in USA and 10 in the Middle East and Africa.

Ramco aims to further strengthen its presence and is currently focusing on building futuristic enterprise solutions that will be valued by the customers.

"In line with this, we are building Mobility, Usability, Spatial, In Memory and Context-aware Enterprise solutions (acronym MUSIC), that will address the new-age customer," said P. R. Venketrama Raja, vice chairman & managing director, Ramco Systems. "This has been well received by both customers and prospects and as we build more such features, we look forward to building an ERP that every user would want to use."


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