Ramco Registers 110% Jump In Cloud Revenue

Ramco Systems has transformed itself into a Cloud provider with offerings to address ERP, HR, Aviation MRO and Asset Management needs. For the FY 2013-14, Ramco's cloud based revenue grew 110 percent as compared to the previous year.

From being seen predominantly as a domestic player, Ramco today clocks 69 percent of its revenue from markets, outside India, a trend reinforcing the global acceptance of its cloud offerings.

Ramco's partner strategy has seen a revamp with the company announcing that all enterprises in the small to midsize segments will be addressed exclusively through channel partners with support from Ramco team.

The company has also added marquee clients in the last financial year including leading retail chains Sharaf DG, Redtag (Middle East), wine distributor-MHW (Americas), Mother Dairy in India, Norske Skog in Australasia, Malaysia Airlines, DanCopter and others.

Having addressed the needs of traditional asset based industries with a comprehensive ERP on Cloud, Ramco announced the launch of Ramco Services Resource Planning (SRP), an ERP to serve the needs of Professional Services Segment.

ERP for Service-centric organizations While the market traditionally looks at an ERP from an Asset-centric business view, there is a sizeable section of the market which is project-based/ people-centric.

Virender Aggarwal, CEO, Ramco Systems, said, "Professional Services is one of the fastest growing industry segments, globally. Interestingly, this segment had to either manage with multiple point solutions or mask into a standard ERP which is built for manufacturing industry. In order to address this segment, we invested in building an offering which would address people-centric and project-based organisations."