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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.

Indonesia's Leading Rail Transit Operator, PT Mass Rapid Transit Jakarta (PT MRTJ) to run on Ramco ERP

Chennai / Jakarta - March 21, 2017

Chennai, India / Jakarta, Indonesia – March 21, 2017 – Indonesian government-owned rail transit operator PT Mass Rapid Transit Jakarta (PT MRTJ) today announced that it will implement Ramco SystemsERP suite, to digitize its regional finance and accounting functions.

Global cloud software provider Ramco will deploy its next-gen Finance & Accounting offering of its Enterprise Resource Planning suite for PT MRTJ, in partnership with its local IT consultancy PT EMS Paramitra. With modules for General Accounting, Payable & Receivable Management and Fixed Assets Accounting, PT MRTJ will now be able to automate its manual financial functions.

Tuhiyat, Finance Director, PT Mass Rapid Transit Jakarta, said, “Ramco’s scalable, digital ERP toolset will automate all our finance functions on a unified, analytics-friendly platform, offering us mobility and better visibility of our financial operations, at this crucial juncture. On implementation, we will be better equipped than ever to manage the challenges of establishing and operating Jakarta’s first MRT. With Ramco’s integrated suite onboard, we look forward to embarking on a digital journey, helping us reach newer heights.”

Virender Aggarwal, CEO, Ramco Systems, said, “It’s a pleasure to be a part of PT MRTJ’s new chapter of growth, in Indonesia’s mass transportation industry. This association strengthens our expansion in this fast-growing market and our presence in Southeast Asia, consolidating our track record as a global provider of universally applicable cloud enterprise software.”

Ramco ERP as a post-modern and single integrated ERP platform has been delivering significant innovation, cost savings, and superior business processes to organizations, globally. Ramco’s focus on innovations in usability, context-awareness, mobility, overall flexibility, apart from comprehensive set of functionality has enabled smooth transitions possible for customers.

About PT Mass Rapid Transit Jakarta:
Established in 2008 by the Jakarta Provincial Government, PT MRTJ will operate the first MRT system for the Indonesian capital of Jakarta, which is home to 10 million people. The US$1.7 billion project is part of the government’s investment in urban transport infrastructure to ease its infamous traffic gridlock. The first line is due to open in 2019.

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