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Third Quarter Fiscal 20-21 Results

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Digital Transformation, Inspired by Innovation – Annual Report 2020

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Fiscal Year 19-20 Highlights

Annual Revenue

USD81.03Mn

EBITDA

13%Growth YoY

Profit After Tax

USD1.45Mn

Million-Dollar-Plus’ Deals

21

Unexecuted Order Book (as on March 31, 2020)

USD166.55Mn
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In the world of business today, speed matters more than anything else, and Digital Transformation will be possible only when organizations are agile. Transforming operations will bring in operational excellence that will be driven by technology thus paving way for innovation and excellence. This is where Digital Transformation steps in. We, at Ramco, continue to emphasize on the fact that a true Digital Transformation is all about results that should be driving an improvement that is not just incremental but substantial. What was expected to become a need by 2025, has now become urgent and important.

Gartner recognizes Ramco SRP as a Representative Vendor in its Competitive Landscape report on ERP for Services-Centric Industries

Chennai - February 1, 2016

Chennai, India – February 1, 2016 – Ramco Systems, a leading enterprise software provider on Cloud, Mobile and Tablets, today announced that Ramco Services Resource Planning (SRP) has been identified as a representative vendor in Gartner’s January 2016 Competitive Landscape: ERP for Services-Centric Industries. The report provides a detailed scan of the Services Industry, the key attributes, drivers, inhibitors and trends driving ERP adoption in the professional Services segment.

According to Robert P Anderson, Research Vice President, Gartner, Inc., one of the drivers that fuels specific interest in ERP for services-centric industries, is “More aggressive cash and human resource allocation requirements. Time and people are money in the service world and a more competitive global economy is driving organizations to solutions, such as ERP, which can help them optimize both. Services-centric organizations are embracing SaaS faster than their product-centric counterparts. Gartner predicts that by 2018, at least 30% of services-centric companies will move the majority of their ERP applications to the cloud.”

With the era of cognitive and adaptive solutions, touching new frontiers, the Professional Services segment is rapidly growing, globally. Ramco ERP for Services offers Project Management that is tightly integrated with HCM & Finance modules. It also supports both Milestone and T&M (Time and Materials) based project models. It further provides comprehensive project tracking with revenue recognition. With built-in mobility and Analytics and deployment option on Cloud, Ramco SRP has grown to attract multiple businesses from across the globe.

“We believe our inclusion as a representative vendor in Gartner’s Competitive Landscape report reinforces our solution’s value to our customers,” said Virender Aggarwal, CEO, Ramco Systems.

“Our next big leap is the journey towards ZERO UI. With features like Email based transactions, and context-aware applications, Ramco ERP for Services (SRP) is constantly evolving to enable the modern business computing needs. With Services segment showing a positive trend, we are all set to strengthen our presence in micro verticals such as IT/ITeS, Consulting and Staffing firms where we already count some leading names as customers.”

An ERP tailor-made for the Services industry that can help organizations become more profitable by leveraging the increasing dynamics and aspirations of their human assets, and achieve excellence and innovation through more skilled and more billable workforce, is the need of the hour. Intuitive user experience, flexible architecture, Mobility, PaaS are some of the technological trends the service-centric organizations are embracing faster than product-centric organizations.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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