BPM Systems
ERP-II and BPM specialist of Ramco Systems Announces profit for second quarter Basel, 27.01.09 – Ramco systems could in the second quarter of fiscal year 2008 / 2009 the global revenue significantly by 31 per cent to $12,86 million increase and report a profit. It accounted for 43 percent of revenue on the Indian domestic market, 29 percent on its business in the United States and 10 percent to the European branch office in Basel. The increase of in earnings goes back in addition to internal cost reductions on higher sales figures. In two previous fiscal years, Ramco Systems had achieved total revenue of approximately US$ 50 million each. According to P.R.Venketrama Raja, Executive Vice President, Managing Director and CEO of Ramco Systems, worldwide wants to grow the company and invested in particular in the new Ramco OnDemand ERP, the updated Business Process Platform (BPP) virtual works and platform-based business process outsourcing (BPO) services.
End of March 2009, Ramco expects total annual sales 2008 / 2009 of around 60 Million and a profit of about $ 5 million. For the Indian domestic market, Ramco sets among others on a continued need of ERP in medium-sized companies and to the logistics industry. In particular, the demand for the Ramco OnDemand ERP that is placed on the market until 2008 is promising. In addition to the region, India had 2007 / distinguished 2008 especially the Ramco branch in Europe with headquarters in Basel with 11 percent growth. The Swiss European Headquarters from Ramco Systems since 1994 and recorded around 150 European Ramco installations with more than 5,000 users at large companies. Managing Director Debjyoti Gupta and responsible for the division operation and implementation expected that the European business are still continuously: “we see potential with our products and services specifically in the area of the financial services industry, confident, innovative and dynamic company with desire for survival and growth visions, in large companies with “cross-site branch offices as well as the expansion of our partner network.” Ramco Systems Ltd. With the model and Web-based business process platform VirtualWorks in combination with over 30 industry-specific ERP-II reference models Ramco supports more than 1,000 companies in 30 countries across the enterprise to control their business and value chain. Ramco Systems was founded in 1989, is a public company, and has over 1700 employees in 19 offices.
At its European headquarters in Basel working around 60 employees for clients such as Ciba Specialty chemicals, REHAU GmbH, Swatch AG, Air Lloyd, ADAC, Triamun AG, Dobi inter AG, Galenica holding, hero, Federal Research Institute for forest, snow and landscape and ETA SA. With offshore development centers and highest quality standards according to ISO 9001:2000 and CMMi level 5 Ramco able to offer process-oriented software solutions based on advanced technologies at an attractive price – performance ratio, is the the is meet ever-changing business requirements. Press contact of Ramco Systems Ltd.
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