The global revenues of Ramco Systems have registered an upswing during the second quarter of FY 2003-04. During this period, the company has posted global revenues of USD 8.43 million, registering a growth of 13% on a sequential quarter ( Q-on-Q ) basis.

The company has made significant investments in setting up the marketing organization. The new team which is marketing and selling the advanced technology is starting to show very good progress. Interest in our unique offerings is significant in the USA & European markets. This interest is expected to translate into healthy order books in the coming quarters.

Commenting on the results, Mr P R Venketrama Raja, Vice-Chairman, Managing Director and CEO of Ramco Systems said, “There is a very positive response to Ramco’s innovative offering to assemble personalized enterprise solutions using Ramco VirtualWorks™. Quite a few large accounts have shown keen interest and we are confident that this will lead to a strong order book in the coming quarters. This interest by a diverse range of customers is a good indication of the impact this technology can have.”

DecisionWorks™, the dynamic business decision support platform from Ramco Systems has also made significant impact with many customers. Recently, this solution centre has won prestigious clients that include a local government authority in UK and a State Police department in India.