London, UK/ Chennai, India (PRWEB UK) 16 January 2014
Ramco Systems, an enterprise software product company focused on delivering ERP, HCM and Aviation MRO on Cloud, Tablets and Smart phones has witnessed good traction in the Europe region. The company has announced 5 new wins in Q3 of FY 2013-14. This includes Denmark-based, DanCopter, Eagle Air in Iceland, Ellinair in Greece, Aerogulf Sola Engine Centre in Norway (the CFM56 engine MRO specialists who are part of the Bahrain-based Aero Gulf Group), and Enspec Power, a leading Electrical Engineering company in UK.
DanCopter based in Denmark marks the first win resulting out of Ramco – Airbus Helicopters (earlier called Eurocopter) partnership which was signed during the Paris Airshow in 2013. The company which provides helicopter transportation services to Oil & Gas companies in the North Sea, Norwegian Sea, Barents Sea, and as well as for Shell in Nigeria will be implementing Ramco’s end-to-end Maintenance & Engineering (M&E) offering with pre-loaded content for fast and efficient cost capturing and tracking.
Commenting on the company’s success in the region, Mr. Virender Aggarwal, CEO, Ramco Systems, said “We have witnessed good traction for our cloud offerings in the European sub-continent especially from Low Cost Carriers (LCCs) and Small and medium size airline operators. With no license fee, maintenance cost or additional infrastructure to procure, the cloud model has seen a quick uptake from this segment, globally. Interestingly, the Cloud mode of delivery gives them a viable alternate to traditional solutions. Also, lean model of implementation further reduces the time involved in implementation to a great extent as visible with the success of Astra Airlines, a LCC from Greece which went live in 8-weeks.”
Ramco Aviation on Cloud is:
With a full-suite offering to address the ERP, MRO (Maintenance, Repair & Overhaul) and M&E solutions, Ramco has been addressing the needs of Airlines, Heli-operators, CAMOs (Continuing Airworthiness Management Organisations) and MROs.
About Ramco Systems:
Ramco Systems provides next generation, end-to-end enterprise solutions that render complete transformation of the business in real time. Built on Ramco VirtualWorks®, all Ramco products are cloud architected by design and address the entire business cycle from transaction to analytics. Part of the USD 1 Billion Ramco Group, the company offers ERP, HCM, MRO, M&E, SCM, CRM, Financials, Service Management, Asset Management, Process Control, Project Management and Analytics to multiple verticals on the most appropriate cloud model—public, private and community. Ramco focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 150,000 users from 1000+ customer organizations. The company has 19 offices spread across India, USA, Canada, Europe, Australia, Middle East, South Africa and APAC.
“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 its Draft Letter Of Offer with the Securities and Exchange Board of India (“SEBI”). The Draft Letter of Offer is available on the website of SEBI at http://www.sebi.gov.in, on the website of the lead manager at http://www.centrum.co.in and of the Company at http://www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the section titled “Risk Factors” at page xiii of the aforementioned Draft Letter of Offer.”
For further information, contact:
+91 - 9840368048