Ramco Systems Limited is an Indian multinational
enterprise software
Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than its individual users. Enterprise software is an integral part of a computer-based information ...
product & platform provider. Founded in 1997, it is a part of the Ramco Group, and is headquartered in
Chennai
Chennai, also known as Madras (List of renamed places in India#Tamil Nadu, its official name until 1996), is the capital city, capital and List of cities in Tamil Nadu by population, largest city of Tamil Nadu, the southernmost states and ...
,
Tamil Nadu
Tamil Nadu (; , TN) is the southernmost States and union territories of India, state of India. The List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of Indi ...
,
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
.
History
Ramco Systems was founded in 1992 as the research and development division of Ramco Industries and began product development in 1993. It became a separate subsidiary in 1997.
In the same year, the company released its
ERP product, ''Marshal 3.0'', which was launched by
Bill Gates
William Henry Gates III (born October 28, 1955) is an American businessman and philanthropist. A pioneer of the microcomputer revolution of the 1970s and 1980s, he co-founded the software company Microsoft in 1975 with his childhood friend ...
.
In 2002, Ramco Systems launched ''VirtualWorks'', a web-based ERP product that automates
software development
Software development is the process of designing and Implementation, implementing a software solution to Computer user satisfaction, satisfy a User (computing), user. The process is more encompassing than Computer programming, programming, wri ...
.
In 2011, the company launched its
SaaS
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...
ERP service for the
aviation
Aviation includes the activities surrounding mechanical flight and the aircraft industry. ''Aircraft'' include fixed-wing and rotary-wing types, morphable wings, wing-less lifting bodies, as well as lighter-than-air aircraft such as h ...
,
aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astron ...
and
defense industries.
In 2014, Ramco Systems signed a deal with
Norske Skog to provide Cloud enterprise resource planning (ERP) integrated with asset management and financials for its ANZ region.
In 2016, Ramco Systems opened an engineering lab in
Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
.
The lab's first anchor partner was Air France Industries ''KLM Engineering & Maintenance'', for whom it advanced aviation IT solutions, along with
wearables for ground engineers and drones to inspect aircraft on the tarmac. With support from
Singapore Economic Development Board (EDB).
In 2022, Ramco Systems established a new development center in
Madurai, India, which was the company's first product development center outside of its headquarters in
Chennai
Chennai, also known as Madras (List of renamed places in India#Tamil Nadu, its official name until 1996), is the capital city, capital and List of cities in Tamil Nadu by population, largest city of Tamil Nadu, the southernmost states and ...
. In the same year, the company also opened a new subsidiary in the United States called ''Ramco Systems Defense'' and Security Incorporated (RSDSI).
RSDSI is focused on the defense industry in the United States.
''Ramco Systems Defense'' has offices in
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
and
Dallas
Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
.
In 2023,
Etihad Airways
Etihad Airways is one of the two flag carriers of the United Arab Emirates (the other being Emirates). Its head office is in Khalifa City, Abu Dhabi, near Zayed International Airport. The airline commenced operations in November 2003, and ...
Engineering partnered with Ramco to implement Ramco's Aviation Suite V5.9.
Also in 2023, Ramco Systems inaugurated its wholly owned subsidiary in
Qatar
Qatar, officially the State of Qatar, is a country in West Asia. It occupies the Geography of Qatar, Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares Qatar–Saudi Arabia border, its sole land b ...
to work with the region's businesses on ERP, HR, and payroll solutions. In the same year, Ramco Systems appointed its current chief executive officer, Sundar Subramanian.
Products and services
Global Payroll Software
Ramco Systems’ HR and payroll software includes artificial intelligence-based solutions for HR and payroll, such as its Self Explaining Payslip (SEP) system launched in 2021, which handles employee payroll queries using automated responses.
Ramco Systems also partnered with Microsoft to launch Ramco Global Payroll Software on Microsoft Dynamics 365 in 2018.
In 2021, Ramco Systems signed a partnership with the two largest HCM providers,
Oracle
An oracle is a person or thing considered to provide insight, wise counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic means, it is a form of divination.
Descript ...
and
Workday.
The partnership allowed Ramco to provide multi-country payroll to Workday's MNC client base.
In the same year, it announced the launch of its Global Payroll solution on the Oracle Cloud Marketplace.
In a collaborative effort, Ramco Systems has integrated its comprehensive payroll platform, with Oracle Fusion Cloud Human Capital Management (HCM).
In 2022, Ramco Systems formed a partnership with the Australian financial technology company Wagestream, which allowed employees to track their financial statistics through a single platform. In the same year, it also began implementing its payroll and HR solutions at Kudu Company for Food and Catering, a Saudi Arabian restaurant chain.
In February 2023, Ramco Systems launched Payce, a platform-based payroll software. In November 2023, Deloitte Touche Tohmatsu India LLP partnered with Ramco Systems to combine Ramco's payroll solution with Deloitte's advisory and managed services.
In January 2024, Ramco Systems partnered with BDO India LLP, a professional services organization in India to serve as the technology platform provider for BDO India’s payroll and managed services.
Aviation software
Ramco Systems provides aviation maintenance software for civil and defense clients.
Ramco Systems’ ERP products such as its Aviation ERP also make use of
artificial intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
and
machine learning
Machine learning (ML) is a field of study in artificial intelligence concerned with the development and study of Computational statistics, statistical algorithms that can learn from data and generalise to unseen data, and thus perform Task ( ...
.
Its aviation software was also adopted by
Iraqi Airways in the year 2021.
Ramco Systems began supplying version 5.9 of its aviation maintenance and engineering suite to
General Atomics Aeronautical Systems
General Atomics Aeronautical Systems, Inc. (GA-ASI) is a military contractor and subsidiary of General Atomics that designs and manufactures unmanned aerial vehicles and radar systems for the U.S. military and commercial applications worldwide ...
for use in its SkyGuardian Global Support Solutions program in 2022.
In 2023,
Etihad Airways
Etihad Airways is one of the two flag carriers of the United Arab Emirates (the other being Emirates). Its head office is in Khalifa City, Abu Dhabi, near Zayed International Airport. The airline commenced operations in November 2003, and ...
announced that it would also be implementing Ramco Systems’ Aviation Suite V5.9 at the MRO Middle East conference.
Philippine Airlines
Philippine Airlines (PAL) is the flag carrier of the Philippines. Headquartered at the Philippine National Bank, PNB Financial Center in Pasay, the airline was founded in 1941 and is the oldest operating commercial airline in Asia.
Philippine ...
joined Etihad Airways in using Aviation Suite V5.9 in the same year. In the same year, they also signed a deal with Australian technology company
Nova Systems to develop
material resource planning (MRP) software for Nova Systems. In the same year, Ramco Systems entered a strategic partnership with Airbus Helicopters SAS to develop an MIS Data Pack Connector.
In April 2024, Korean Air announced that it was collaborating with Ramco Aviation to implement Ramco Aviation Suite at Korean Air’s Engine Maintenance Center.
ERP
Ramco Systems also develops enterprise resource planning software that allows users to manage functions such as supply chain/logistics planning, finance management, and human resources management.
Logistics Software
Ramco Systems’ logistics software includes
cloud-based solutions for
warehouse management and transportation, and fleet management for third party logistics and express parcel provider.
It also provides end-to-end services for 3PLs, e-commerce logistics providers, and other businesses that use analytics and artificial intelligence.
In 2023, Ramco Systems implemented its Logistics ERP Software at Freight Specialists, a freight and distribution services provider based in Sydney, Australia, to automate company-wide operations and services.
RAMCO CHIA
Ramco CHIA is a virtual assistant that uses artificial intelligence features such as deep learning and natural language processing for HR transactions.
RamcoGEEK
Ramco Systems has also released a facial attendance system called RamcoGEEK, which used facial recognition technology and temperature recording to create a "touch-less" workplace attendance for use during the
COVID-19 pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
.
Microsoft collaborations
Ramco Systems has partnered with Microsoft on products such as Ramco Global Payroll Software, which is integrated with
Microsoft Dynamics 365 for Talent. It has also used Microsoft's cloud platform for its cloud computing and Microsoft's Cloud AI platform for artificial intelligence, such as Chia, Ramco Systems’ chatbot which uses Microsoft Luis.
Locations
The company has locations in several countries, including: United States, China, Canada, Australia, Philippines, Indonesia, India and South America.
Awards
* 2024 ISG Paragon Awards – Gold Award for “High Performing Partnership” in collaboration with a leading New Zealand telecommunications provider.
* 2022 HR Vendors of the Year Awards – Best Payroll Software, Best Payroll Outsourcing
* 2022 GPA Best Payroll Software Supplier of the Year
* 2020 ISG Paragon Awards, APAC – Digital transformation (with
Cobham Aviation Services)
* Collaboration Award – ERP transformation (with
Norske Skog Australasia)
* 2019 Global Logistics Excellence Awards – Logistics ERP of the Year Award
See also
*
List of ERP vendors
References
External links
*
{{Ramco Group
Information technology companies of India
Customer relationship management software companies
ERP software companies
Companies based in Chennai
Software companies established in 1992
Indian brands
1992 establishments in Tamil Nadu
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange