Press release from Business Wire India
Source: Ramco Systems Limited
Thursday, September 09, 2010 01:00 PM IST (07:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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Ramco Launches Ramco OnDemand ERP 2.0
A Powerful ERP on the Cloud with Successful Client Implementations
New Delhi, Delhi, India, Thursday, September 09, 2010 -- (Business Wire India) -- Ramco Systems (BSE - 532370, NSE - RAMCOSYS, MSE - RSST); a leading IT company focused on consulting, products, and managed services, today announced the launch of Ramco OnDemand ERP 2.0 (RODE 2.0)- the next generation of India's first full-fledged ERP offering on the cloud. Built on Ramco's SaaS-based model, RODE 2.0 adds significant functionalities, features, and modules to the offering. The chief guest for the day, Grand Master & World Chess Champion Mr. Vishwanathan Anand, unveiled the new product along with Mr. Ajai Uppal, Jt. President, Marketing, Birla Tyres (customer of RODE 2.0). This upgrade will be seamlessly available to all 2000 users from 200+ client organizations, at no additional cost.
The newly launched RODE 2.0, built on the powerful Ramco VirtualWorksT platform, offers customers a rich user interface and a unique set of extension / customization capabilities. RODE 2.0 can successfully handle thousands' of business transactions and complex functionalities such as MRP, across different industries simultaneously on a single instance of software.
RODE 2.0 is very simple to deploy and run and is completely modular, enabling customers to choose the functions they need, and pay only for what is used, on a subscription basis. It enables customers to go live in as early as 7 days, as against the months taken by traditional ERP, even as they enjoy the full business benefits of a comprehensive ERP solution.
RODE 2.0 has comprehensive ERP functionalities covering Process & Discrete Production, Cost Planning & Control, Human Capital Management, Supply Chain Management, Customer Relationship Management, Financial Management, Maintenance Management, Service Management, Asset Management, and MIS Reports.
RODE 2.0 has the following additional features/benefits:
. ERP Extendability: Ramco's Extension Development Kit (EDK) allows customer organizations to build their own unique set of extended functionalities (screens or modules) and integrate with the core ERP on the cloud. Customers can also create Portlets (web based portals) that contain dashboards and other analytical / graphical reports, to suit every individual organization's needs.
. Report Customization: The enterprise reporting tool facilitates addition of new reports or customization of existing reports. This gives the customer the flexibility to design & customize reports based on his unique business needs.
. Integration: RODE 2.0 is enabled for easy integration with external applications through either web services or simple data level integration.
. Business Intelligence: The Analytics tool can be used to conduct a simple yet comprehensive analysis of data and processes on a real-time basis, and thereby ease decision-making.
. Mobile computing: This capability enables the user to access and transact using their mobile, for faster business response and quick decision-making
. Enhanced security features: Firewall and other security mechanisms like SSL certificates are enabled in RODE's multilayer architecture
RODE 2.0 has functionalities that will support the requirements of new industry verticals such as Trading, Auto & Auto component Manufacturers, Electronics & Engineering, Manufacturing Industries, Services, Leather, Power Generation, Food processing, and Dairy.
According to Mr. P R Venketrama Raja, Vice Chairman, Managing Director & CEO, Ramco Systems, "Ramco OnDemand ERP (RODE) 2.0 provides a large magnitude of cost savings to customers, by reducing the total cost of owning an ERP, for SMEs as well as large enterprises. Unlike conventional cloud applications that are based on "one size fits all" approach, RODE 2.0 enables customers to extend the ERP and customize reports on the cloud, to meet their unique requirements. RODE 2.0 developed using Ramco VirtualWorksT offers complex and comprehensive ERP functionalities, with desk-top like rich user interface and high security on the cloud. The product is field proven with 200+ customers from varied industry verticals already using this product. Cloud as a platform is revolutionizing the way software applications are used by organizations for running their businesses, and Ramco will continue to invest in pioneering innovative adoption of such technologies which would bring significant business benefits to our customers."
According to BusinessWorld SME White Book 2010- 2011, SaaS-based ERP market in India is valued at about 7 million USD (2.2 % of the overall 310 million USD ERP market in India). "We are seeing a tremendous increase in the customer interest for Cloud-based ERP in the Indian subcontinent. With our success here, we soon plan to enter other geographies as well," added Mr. Raja.
Mr. S. Badrinarayanan, Vice President, RTE - Brakes India says, "Ramco OnDemand ERP has given us an opportunity to deploy a robust information system without investing in additional resources or capital. This model is cost effective and enables us to focus on our core business competency. Ramco's speedy deployment and excellent post-implementation support have also proved impressive. With Ramco we get the best of both world's - a powerful end-to-end ERP at fraction of the cost. We are happy to have partnered with an expert like Ramco for all our IT needs."
Mr. S Sivakumar, CEO, ITC IBD (eChoupal) and Mr. Ramesh Sanka, MD - Rentco, DLF shared their experience on working with Ramco.
Also present for the press launch to extend their support were RODE customers - Mr. S. Badrinarayanan, Vice President, RTE - Brakes India; Mr. Ajai Uppal, Birla Tyres and RODE partners - Mr. Avinash Garg, Director, IRIS Unipro, Ms. Roma Kapoor, Director - Finance,IRIS Unipro, Mr. Ayush Aggarwal, Director, Tanashi Technologies and Mr. Ashish, MD, TRU CARE Consultants.
About Ramco Systems
Ramco Systems, a part of the USD 1 Billion Ramco Group, is a leading IT company focused on consulting, product and managed services business. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries in 1992, and later established as an independent company in 1999. The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Ramco has over 100,000 users from 800+ customer organizations, globally since inception. The company currently has 14 offices spread across India, US, Europe, Middle East and APAC and employs over 1,400 employees.
Ramco's key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform - Ramco VirtualWorksT. Ramco Systems has seven major product suites - Ramco Enterprise Suite, Ramco Enterprise Asset Management Suite, Ramco Aviation, Ramco OnDemand ERP (ERP on SaaS), Ramco Business Information Management Suite, Ramco Enterprise Process Suite, and Ramco Mining. A strong domain knowledge coupled with proven implementation expertise enables Ramco to provide specialized solutions in verticals such as Manufacturing, Real Estate & Construction, Energy & Utilities, Logistics, Service, BFSI, Aviation, Government and Defense.
Ramco Systems has been assessed for ISO 9001:2008, ISO 27001:2005 information security standards, SEI CMMI SW 1.1 at Maturity Level 5 in 2005 for the development and maintenance projects. Ramco's BPO unit is SAS 70 Type II certified.
For more information, please visit www.ramcondemand.com or www.ramco.com
CONTACT DETAILS
Vinitha Ramani, Ramco Systems Ltd., +91 9840368048, vinitharamani@rsi.ramco.com
Divya Khurana, 20:20 MEDIA, +91 9810134892, divyakhurana@2020india.com
Twinkle Xavier, 20:20 MEDIA, +91 9884480115
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
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