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Ramco Systems: a suite of world-class ERP solutions for accelerating growth in Kerala

Kochi, India, September 27, 2011: Ramco Systems (BSE - 532370, NSE – RAMCOSYS, MSE – RSST), a leading software company focused on consulting, products and managed services, reaffirmed its offerings for the Kerala market with plans to further strengthen its presence in Kerala through focused efforts to tap the shipping, logistics, manufacturing, hospitality and real-estate sectors. Ramco Systems offers specialized ERP solutions for 11 industries and serves customers across 60 verticals.

Kerala is to become the 1st state with 100% broadband penetration. Villages in Kerala will have access to high-speed Internet access, making it India's first state with broadband connectivity (defined as 256 kbps and above) in every village. This initiative is expected to boost the penetration of cloud-based offerings for businesses in Kerala.

Ramco has been steadily growing its footprint in the cloud based ERP market in India with its offering Ramco OnDemand ERP (RODE). Worldwide, RODE is the first full-fledged ERP delivered on the cloud. Designed and developed to suit a wide spectrum of growing ERP needs, RODE also provides very powerful Analytics that helps organizations make well-informed business decisions. RODE supports the functionality required for industry verticals such as Discrete Manufacturing (Auto & Auto Component Manufacturers, Electronics & Engineering, Manufacturing Industries), Trading (Wholesale & Distribution), Services, Leather, Power Generation, Food Processing, and Dairy. Ramco currently has 3500+ users on the cloud.

Speaking on the occasion, Mr. R Shankar, Executive Vice President, India, Middle East & Africa said, "With an existing and strong reference-able customer base in shipping, such as Cochin Shipyard, Synergy Maritime and Hindustan Shipyard, Ramco Systems is well poised to capture a larger portion of the shipping and logistics market in Kerala. In addition to the traditional industries, there is a growing market for Cloud based solutions from small & medium enterprises. The cloud is a scalable and flexible model which helps organizations achieve their business goals with the latest technology without having to spend a fortune on an ERP product." He added, "Trading and Services are potential sectors, especially given the close proximity of Kerala with the Middle East, where Ramco has built a strong and diversified customer base over the years."

Kerala also has a good mix of commercial and co-operative banks and private financial institutions. For the BFSI sector, Ramco Systems has a pre-built, ready-to-run Ramco Banking Analytics. With this solution, banks can start reaping the benefits of Analytics at a fraction of the cost and time required to build a traditional Analytics solution. Ramco has also launched its Automated Data Flow offering, which enables banks to automatically adhere to RBI's guidelines for submission of returns with no any manual Intervention.

Ramco Systems offers specialized solutions for key verticals like Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Mining & Cement, Facilities Management, Banking & Financial Services, Aviation, Government, Defense and Sugar industries. Ramco's major product suites for these verticals are – Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Advanced Process Control, Ramco Aviation, Ramco OnDemand ERP (RODE), Ramco Enterprise Information Management Suite and Ramco Mine Management Suite.