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Ramco Systems

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Ramco Systems Limited
Company typePublic
BSE: 532370
NSE: RAMCOSYS
IndustryEnterprise software
Founded1997[1]
HeadquartersChennai, India
Number of locations
30 Offices Globally
Key people
  • PR Venketrama Raja (Chairman)
  • Sundar Subramanian (CEO)
  • Sandesh Bilagi (COO)
Products
  • Global Payroll Software
  • Aviation Software
  • ERP
  • Logistics Software
RevenueU.S. $61.79 million (2023 - March [2])
Number of employees
1800+
ParentRamco Group
Websitewww.ramco.com

Ramco Systems Limited is an Indian multinational enterprise software product & platform provider.[3] Ramco Systems uses various technologies including ChatBot, AI,[4] Facial Recognition,[5] Voice-enabled navigation, Mobility and Cloud Computing[6][7] in their products which include Global Payroll, Time and Attendance, Contract Workforce Management, Finance & Accounting, Asset Management, Transport Management and Warehouse Management.[8] Founded in 1997, it is a part of the Ramco Group, and is headquartered in Chennai, Tamil Nadu, India, Ramco Systems operates in 30 locations across 35 countries. Ramco Systems’ sister company, Ramco Cements, is the fifth largest cement producer in India.

History

Ramco Systems was founded in 1992 as the research and development division of Ramco Industries and began product development in 1993. It became a separate subsidiary in 1997.[9] In the same year, the company released its ERP product, Marshal 3.0, which was launched by Bill Gates.[9]

In 2002, Ramco Systems launched VirtualWorks, a web-based ERP product that automates software development.[9]

In 2011, the company launched its SaaS ERP service for the aviation, aerospace and defense industries.[10]

In 2014, Ramco Systems signed a deal with Norske Skog to provide Cloud enterprise resource planning (ERP) integrated with asset management and financials for its ANZ region.[46]

In 2018, the company made a deal with Papillon Grand Canyon Helicopters to install Ramco Aviation Suite V5.8 for maintenance and engineering operations of its fleet.[11]

In 2023, Etihad Airways Engineering partnered with Ramco to implement Ramco's Aviation Suite V5.9.[12]

See also

References

  1. ^ "Ramco Systems - About Us - HCM on Cloud | ERP on Cloud | Aviation Software". Archived from the original on 9 October 2012. Retrieved 26 September 2012.
  2. ^ https://www.ramco.com/hubfs/investor-relations/QucikResult-31-03-2023.pdf
  3. ^ "Ramco to battle global turf on cloud". Business Standard. 19 January 2013.
  4. ^ Simhan, TE Raja (9 July 2021). "Ramco Systems develops self explaining payslip". BusinessLine. Retrieved 3 September 2023.
  5. ^ "Coronavirus: Ramco Systems launches new attendance system with face recognition, temperature screening". HT Tech. 18 March 2020. Retrieved 3 September 2023.
  6. ^ "India's cloud manufacturing titans empower digital transformation". manufacturingtodayindia.com. 19 May 2023.
  7. ^ Staff, Asian Aviation (26 July 2023). "India's Ramco Systems releases Aviation Suite V5.9.6". Asian Aviation. Retrieved 6 August 2023.
  8. ^ "Harvard Business Publishing Education". hbsp.harvard.edu. Retrieved 3 September 2023.
  9. ^ a b c "Ramco Systems: Will the IT major make it big?". Business Today. 18 February 2012. Archived from the original on 22 February 2022. Retrieved 22 February 2022.
  10. ^ D'Amore, Dino (13 April 2011). "RAMCO SYSTEMS LAUNCHES SAAS ERP FOR AVIATION MANUFACTURING". MRO Global. Retrieved 3 September 2023.
  11. ^ Brooks, Steve (3 January 2018). "Ramco flies high over Grand Canyon success". Enterprise Times. Archived from the original on 22 February 2022. Retrieved 22 February 2022.
  12. ^ "Etihad Airways Engineering Partners with Ramco Systems". Aviation Pros. 2 March 2023. Retrieved 6 August 2023.


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