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Third Quarter Fiscal 20-21 Results

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Watch 23rd Annual General Meeting of Ramco Systems

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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.

NEC strengthens its Cloud portfolio with Ramco ERP on Cloud

Chennai / Delhi - March 14, 2013

Chennai/ Delhi, India – March 14, 2013: NEC India, a leading network and IT solutions provider, announced a strategic alliance with Ramco Systems, an enterprise software product company focused on delivering ERP on Cloud, Tablets and Smart Phones. The partnership aims to serve the growing customer needs for SaaS based ERP to companies in the mid to large enterprise segments in India and could potentially expand into other geographic locations.

Cloud is a global initiative for NEC, and India is one of the focus countries for NEC's cloud business. The company is well positioned in the market as a holistic cloud services provider, offering cloud solutions and services that contribute not only to the field of IT and networks but also societal, individual and corporate activities. Through this partnership, NEC will leverage its 'Cloud Services Platform' to offer Ramco's flagship cloud offering, Ramco ERP on Cloud to its enterprise customers. Ramco ERP on Cloud is a comprehensive ERP with solutions for Process & Discrete Production, Cost Planning & Control, Human Capital Management (HCM), Supply Chain Management (SCM), CRM, Financial Management, Maintenance Management, Asset Management, and MIS Reports.

Sharing his views on the alliance, Angira Agrawal, Head and Associate Vice President – Cloud Division, NEC India said, "We are excited to partner with an Enterprise cloud leader like Ramco Systems to offer ERP solutions and further strengthen our existing cloud portfolio. Ramco has been a leader in driving ERP on Cloud in India, targeted at enterprises in all segments. Our goal is to empower enterprises by providing them end-to-end Cloud services, including applications and SI services, through a single provider. With this partnership, we aim to provide businesses the right ERP solution that can increase operational efficiencies and accelerate growth in revenues."

Mr. Harsh Vardhan G, Executive Vice President – Global Marketing and Channels, Ramco Systems said, "NEC was one of the first enterprises to implement the use of cloud computing in their own management system. They have been propagating and promoting cloud technologies globally and this partnership will help us take Ramco's offering to NEC customers. We have been growing rapidly and to accelerate our growth, have been identifying strategic partners like NEC. With this partnership, NEC will help us get an extended reach into the Indian market via the long clientele that NEC provides. Ramco is a market leader in providing business applications on cloud and we are confident that our alliance with NEC will help us further strengthen our leadership position."

Ramco's unique differentiator is its product strategy called 'MUSIC' which brings Mobility, Usability, Social, In-memory and Context aware Enterprise solutions on cloud to customers. The company has been focusing on delivering cloud ERP solutions and with MUSIC, Ramco is looking forward to continue its growth and aims at becoming a leading enterprise cloud player, globally.

Cloud computing services have seen an unprecedented growth in recent years across industries. To meet this daunting demand and changing market dynamics, NEC offers a host of cloud solutions to enterprises, including cloud offerings, aggregation and SI services across public and private cloud deployments. NEC has successfully implemented its cloud computing solutions globally, including carrier cloud solutions for Telefonica in Spain, and secured cloud solution for the Ministry of Education in San Juan, Argentina.

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