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Ramco Reports Amazing Growth in the Q3 Report

Ramco Systems has declared its revenues for the third quarter of the year 2012-13. What has been very obvious from the third quarter is the growing momentum for the company. The company has reported a 16% growth in QoQ revenue.

Ramco reports amazing Growth in the Q3 report

The report gives the financial status till 31st December 2012. The global income (including revenues) for Ramco Systems has been $12.36 million (equivalent to Rs 66.20 Cr) in this quarter from subsidiaries across US, Canada, Malaysia, South Africa, Malaysia and Dubai.

Highlights for the Q3

  • The report also highlighted that Ramco has gained traction specificaaly in the USA, Canada and the North American continent as a whole. It has signed new partnership deals and has acquired new clients for its ERP on Cloud product.
  • Aviation business seems to be on Cloud nine. Ramco has signed contracts with GoAir, Emirates, Air Tahiti and a Caribbean airline for Ramco Aviation Suite.
  • Ramco has also included location awareness feature into its ERP products in the last quarter. Partnering with Google’s Enterprise team, Ramco has included a Google Maps feature into its base product
  • It has expanded its partnership across the USA, with more than 20 partners and also in Middle East and Asia, with over 10 partners.

Ramco Systems is working towards its new product strategy designed around MUSIC by delivering Mobility, Usability, Spatial, In-memory and Context aware Enterprise solutions. The focus of the company has always been in delivering top-notch ERP solutions, and the Q3 results only assert this fact further. As Mr. Virender Aggarwal, CEO, Ramco Systems Ltd. said, the company is looking forward to continue its growth and aims at becoming the leaders in the industry.