P.R.Venketrama Raja's grandfather founded Madras cements (Ramco) in Rajapalayam about 75 years ago. Today the Ramco group has four listed companies:
(1) Madras Cements
(2) Ramco Industries
(3) Hyderabad Industries
(4) Ramco Systems Ltd
P.R.Venketrama Raja is the Vice chairman and Managing director of Ramco Systems, which was started as a R&D division in mid 1990's and spun off into a seperate company in 1997. Ramco systems hav been operating in niche market, not really competing with the biggies like Infy etc.
Ramco Systems specialise in Enterprise Resource Planning (ERP). This ERP branded as Virtualworks Platform, is highly flexible in creating, modifying and managing huge data across industries.
Ramco's ERP is a preferred choice by following companies/industries:
(1) Aviation Industry : This ERP is world's largest Aviation maintenance and engineering (M&E) and Maintenance, repair and Overhaul(MRO) software. Apart from clients like Gulf Helicopters, Air Newzealand, Safe Air MRO, Jazeera Airways, Yemen Airways, Ramco recently bagged MRO contract with National Aviation company in India which operates Ar India, Indian Airlines and Air India Express.
(2) Ramco HCM and Payroll software for centralized payroll processing. This is a broad software that can be used by all HR divisions.
(3) Ramco's On Demand ERP (RODE) which functions on cloud computing.
(4) Ramco runs entire backbone for organisations like DLF, helping them in property maintenance, rental collections, utility payments etc.
(5) ITC's rural initiative eChoupal which is involved in commodity sourcing and supply chain management.
All these factors are make Ramco systems an attractive, sensible investment option for the long term. With P.R.Venketrama Raja's vision to make Ramco systems the largest in the next 3-4 years, investors can ride on the company's dream.
Sunday, November 21, 2010
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