Ramco Systems

Ramco Systems Limited (BSE: 532370, NSE: RAMCOSYS, MSE–RSST) is a software and services provider based in Chennai, Tamil Nadu, India. Founded in 1992, it was initially part of Ramco Group but became an independent company in 1997.[2] Ramco Systems provides enterprise resource planning (ERP), human capital management (HCM), logistics and aviation maintenance & engineering (M&E) and maintenance repair & overhaul (MRO) software.

Ramco Systems Limited
TypePublic
BSE: 532370
NSE: RAMCOSYS
IndustryEnterprise software
Founded1997[1]
HeadquartersChennai, India
Number of locations
24 Offices Globally
Key people
  • PR Venketrama Raja (Chairman)
  • Virender Aggarwal (CEO)
Products
  • Aviation
  • ERP
  • HCM and Global Payroll
  • Logistics
Number of employees
1700+
Websitewww.ramco.com

History

Ramco Systems was founded in 1992 as the research and development division of Ramco Industries and began product development in 1993.[2] In 1997, the company launched its ERP product, Marshal 3.0.[2]

In 2002, Ramco launched VirtualWorks, a web-based ERP product.[2]

In 2018, the company made a deal with Papillon Grand Canyon Helicopters to install Ramco Aviation Suite V5.8 for maintenance and engineering operations of its fleet.[3] The company will also provide services to another Papillon Grand Canyon entity, Grand Canyon Scenic Airlines.[4][5]

In February 2022, Ramco established a wholly-owned subsidiary in the United States that is run by personnel from the U.S. Army and Navy.[6] The company also partnered with EarlySalary, an Indian consumer lending and wellness platform, allowing Ramco's clients to leverage financial wellness benefits.[7]

See also

References

  1. "Ramco Systems - About Us - HCM on Cloud | ERP on Cloud | Aviation Software".
  2. "Ramco Systems: Will the IT major make it big?". Business Today. Retrieved 22 February 2022.
  3. Brooks, Steve (3 January 2018). "Ramco flies high over Grand Canyon success". Enterprise Times. Retrieved 22 February 2022.
  4. "Ramco Systems touches 52-week high on order from aerial tour company". Moneycontrol. Retrieved 4 January 2018.
  5. Market, Capital (24 April 2021). "Ramco Systems incorporates subsidiary in Japan". Business Standard India. Retrieved 7 May 2021.
  6. Simhan, T. E. Raja. "Ramco Systems sets up US subsidiary to tap defence business". www.thehindubusinessline.com. Retrieved 22 February 2022.
  7. "EarlySalary Partners with Ramco Systems to enable organizations to adopt Employee Financial Wellness programs". Retrieved 22 March 2022.


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