Ramco Systems Strengths, Domain Expertise, and Key Differentiators
Founded in 1997 and headquartered in Chennai, India, Ramco Systems is a global enterprise software provider specializing in cloud-based solutions across various industries. The company offers a diverse product portfolio, including Global Payroll, Enterprise Resource Planning (ERP), Logistics, and Maintenance & Engineering (M&E) as well as Maintenance, Repair, and Overhaul (MRO) software for the aviation sector. ​Ramco's strengths lie in ERP and HCM applications for customers in aviation, aerospace and defense, cement, logistics and staffing industries.
In February 2024, Ramco Systems introduced Ramco Payce, an innovative platform-based payroll software designed to transform payroll management. Leveraging advanced technologies such as serverless in-memory computing, data analytics, artificial intelligence (AI), and machine learning (ML), Payce builds upon Ramco's two decades of expertise in the payroll domain to help enterprises process payroll faster, more effortlessly, and with greater accuracy. ​Ramco Payce aims to revolutionize payroll operations, offering organizations a modern, user-centric solution that enhances efficiency and accuracy in payroll processing.
Key features of Ramco Payce include: *Quicker Implementation: Reduces deployment time from months to weeks.​ *No-Code Rule Building: Offers a logical, condition-based intuitive rule builder requiring zero coding.​ *Seamless Integration: Integrates effortlessly with leading Human Capital Management (HCM) products.​ *AI-Driven Compliance: Provides real-time, error-free updates to ensure compliance.​ *Lightning-Fast Processing: Capable of handling large volumes of data within minutes.​ *On-Demand Reporting: Empowers users to create reports in a DIY mode.​ *Guided Implementation: Enables users with limited domain knowledge to successfully manage implementation.
Ramco Systems Recent Developments
In September 2024, Ramco Systems unveiled Aviation Software 6.0, a next-generation solution aimed at redefining aircraft management. Engineered to enhance Maintenance & Engineering (M&E) and Maintenance, Repair & Overhaul (MRO) operations, the platform leverages artificial intelligence, advanced automation, and seamless system integration. Featuring comprehensive modules covering Contracts, Engineering, Planning, Maintenance, Supply Chain Management, Finance, ePUBS, and advanced mobility, Ramco Aviation Software 6.0 is designed to meet the evolving demands of the aviation industry and address future operational challenges.
Ramco Systems Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Ramco Systems applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Ramco Systems and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Ramco ERP, Ramco HCM, Ramco Aviation, Ramco Logistics, Ramco MRO customers.
Ramco Systems Overview
64 Sardar Patel Road Taramani
Chennai, Tamil Nadu, 600113, India
91 44 2235 4510
https://www.ramco.com/
Ownership: - RAMCOSYS (NSE)
Number of Employees: 1800
Functional Markets: ERP Financial, ERP Services and Operations, HCM, Procurement, SCM,
Key Verticals: Aerospace and Defense, Automotive, Construction and Real Estate, Distribution, Government, Manufacturing, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Ramco Systems Key Enterprise and Cloud Applications
Ramco ERP, Ramco HCM, Ramco Aviation, Ramco Logistics, Ramco MRO
Ramco Systems Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Ramco Systems Revenue Breakdown By Type, $M:
Ramco Systems Enterprise Applications Revenues By Functional Markets, $M:
Ramco Systems Enterprise Applications Revenues By Verticals, $M:
Ramco Systems Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Ramco Systems Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Ramco Systems Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Ramco Systems Customers
No. of Ramco Systems Customers: 1000
No. of Ramco Systems Enterprise Applications Customers: 1000
No. of Ramco Systems Cloud Customers: x
No. of Ramco Systems Cloud Subscribers: x
Between 2024 and 2025, Ramco Systems strengthened its global footprint by entering into strategic partnerships with a diverse array of leading organizations, including Indamer Technics, Philippine Airlines, Fly Vaayu, Air Niugini, and Prism Johnson Limited. These engagements reflect Ramco’s continued momentum in delivering innovative and industry-specific enterprise solutions tailored to the evolving needs of its clients.
Ramco Systems currently serves a robust customer base of over 1,000 organizations with more than 2 million users worldwide. Its clientele spans multiple sectors and includes prominent names such as Classic Fashion Apparel Industry Ltd. Co., Halliburton, Averda, Herfy Food Services Co., Aero Contractors Company of Nigeria Limited, Hong Kong Aircraft Engineering Company Limited (HAECO Group), China Aircraft Services Limited, Life Flight Network, Norske Skog Australasia, DHFL Pramerica Life Insurance (DPLI), FreshFood Management Services, Sharaf DG, Engsol, DaarYaas Group, Al Shabab Club, Blue Nile Mashreq Bank, Nesma, Malaysia Airlines, Cobham Aviation Services, Air Methods, Emirates, GoAir, Air Tahiti, Caribbean Airlines, Hevilift, Astra Airlines, Dabur India, and Delhi Duty Free, among others.
Ramco Systems Market Opportunities, M&A and Geo Expansions
By launching Ramco Payce in February 2024, Ramco Systems gained several key opportunities, including expanding its footprint in the global HR technology market with a cloud-based payroll solution that integrated seamlessly with its existing HRMS platform. This move allowed them to tap into the growing demand for automated, compliant payroll management across multiple countries, providing businesses with customizable and cost-efficient solutions. The platform's automation and advanced analytics capabilities also enabled companies to streamline operations, reduce errors, and gain valuable insights into workforce data. As a result, Ramco strengthened its competitive edge, enhanced its brand recognition, and attracted a broader client base, reinforcing its position as an innovator in enterprise software.
Ramco Systems Risks and Challenges
As Ramco expands globally, it must ensure its infrastructure and service models can scale effectively to support new regions and industries without compromising performance or compliance. Global operations expose Ramco to risks from currency fluctuations, regional economic slowdowns, and geopolitical tensions that could affect client investments in IT solutions.
Ramco Systems Ecosystem, Partners, Resellers and SI
In May 2024, Ramssol Group Berhad entered into a strategic partnership with Ramco Systems Malaysia. Under this agreement, Ramssol will be responsible for the distribution, resale, and implementation of Ramco’s enterprise applications, with a particular focus on the newly launched AI-ML-powered Ramco Payce. This collaboration will extend across key Southeast Asian markets, including Malaysia, Indonesia, Thailand, Singapore, Vietnam, and the Philippines. This partnership represents a pivotal development for both Ramssol Group Berhad and Ramco Systems, establishing a robust alliance aimed at securing a significant market presence in the region.
The Ramco partner ecosystem includes Platform Partners, Technology and Solution Partners and Business Partner. Ramco Platform Partners are: Deloitte, EY and KPMG. Technology and Solution Partners are: Microsoft, Amazon Web Services, Qlik, SumTotal, Cornerstone And Alcolizer. Business Partners are: Fujitsu, NTT, Mazars, Hitachi, currencytransfer.com, BirlaSoft, Tech Mahindra, TATA Consultancy Services and Infosys.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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