Ramco Systems

Ramco Systems Limited is an Indian multinational enterprise software product & platform provider.[3] Founded in 1997, it is a part of the Ramco Group, and is headquartered in Chennai, India.

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.[4] In the same year, the company released its ERP product, Marshal 3.0, which was launched by Bill Gates.[4]

In 2002, Ramco Systems launched VirtualWorks, a web-based ERP product that automates software development.[4]

In 2011, the company launched its SaaS ERP service for the aviation, aerospace and defense industries.[5]

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.[6]

In 2016, Ramco Systems opened an engineering lab in Singapore. 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).[7]

In 2022, Ramco Systems established a new development center in Madurai, which was the company's first product development center outside of its headquarters in Chennai.[8] In the same year, the company also opened a new subsidiary in the United States called Ramco Systems Defense and Security Incorporated (RSDSI).[9] RSDSI is focused on the defense industry in the United States.[9] Ramco Systems Defense has offices in Washington, D.C. and Dallas.[9]

In 2023, Etihad Airways Engineering partnered with Ramco to implement Ramco's Aviation Suite V5.9.[10]

Also in 2023, Ramco Systems inaugurated its wholly owned subsidiary in Qatar to work with the region's businesses on ERP, HR, and payroll software.[11] In the same year, Ramco Systems appointed its current chief executive officer, Sundar Subramanian.[12]

Products and services

Global Payroll Software

Ramco Systems’ HR and payroll software includes artificial intelligence-based solutions for HR and payroll,[13] such as its Self Explaining Payslip (SEP) system launched in 2021, which handles employee payroll queries using automated responses.[14]

Ramco Systems also partnered with Microsoft to launch Ramco Global Payroll Software on Microsoft Dynamics 365 in 2018.[15]

In 2021, Ramco Systems signed a partnership with the two largest HCM providers, Oracle and Workday.[16][17] The partnership allowed Ramco to provide multi-country payroll to Workday's MNC client base.[17] In the same year, it announced the launch of its Global Payroll solution on the Oracle Cloud Marketplace.[18] In a collaborative effort, Ramco Systems has integrated its comprehensive payroll platform, with Oracle Fusion Cloud Human Capital Management (HCM).[18]

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.[19] 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.[20]

In February 2023, Ramco Systems launched Payce, a platform-based payroll software.[21] 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.[22][23]

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.[24]

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 and machine learning.[25]

Its aviation software was also adopted by Iraqi Airways in the year 2021.[25]

Ramco Systems began supplying version 5.9 of its aviation maintenance and engineering suite to General Atomics Aeronautical Systems for use in its SkyGuardian Global Support Solutions program in 2022.[26]

In 2023, Etihad Airways announced that it would also be implementing Ramco Systems’ Aviation Suite V5.9 at the MRO Middle East conference.[27] Philippine Airlines joined Etihad Airways in using Aviation Suite V5.9 in the same year.[28] 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.[29] In the same year, Ramco Systems entered a strategic partnership with Airbus Helicopters SAS to develop an MIS Data Pack Connector.[30]

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.[31]

In March 2026, Ramco Systems announced that the Tata Advanced Systems Limited (TASL) has selected its aviation MRO software for the MRO facility that is under construction to support the C-130J Super Hercules fleet of the Indian Air Force. The software will manage all aspects of the facility's operation, including contract and quote management, maintenance planning, hangar and component maintenance, supply chain management, engineering and quality, as well as customer billing.[32]

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.[33]

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.[34]

It also provides end-to-end services for 3PLs, e-commerce logistics providers, and other businesses that use analytics and artificial intelligence.[35]

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.[36]

RAMCO CHIA

Ramco CHIA is a virtual assistant that uses artificial intelligence features such as deep learning and natural language processing for HR transactions.[37]

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.[38]

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.[15]

Locations

The company has locations in several countries, including: United States, China, Canada, Australia, Philippines, Indonesia, India and South America.[39][40]

See also

  • List of ERP vendors

References

  1. Ramco.com Investor Relations – QucikResult 31 March 2023 (PDF)^
  2. Ramco Systems - About Us - HCM on Cloud | ERP on Cloud | Aviation Software retrieved 26 September 2012^
  3. Ramco to battle global turf on cloud Business Standard, 2013-01-19^
  4. Ramco Systems: Will the IT major make it big? Business Today, 18 February 2012, retrieved 2022-02-22^
  5. Dino D'Amore. Ramco Systems Launches SAAS ERP for Aviation Manufacturing MRO Global, 2011-04-13, retrieved 2023-09-03^
  6. Ramco to provide cloud solution to Norske Skog across ANZ region The Economic Times, 2014-05-28, retrieved 2023-09-03^
  7. Shilpa Elizabeth. Ramco Systems opens innovation lab in Singapore The Economic Times, 2016-02-18, retrieved 2023-09-03^
  8. Ramco Systems looks to tap Madurai's tech talent India Times, 2022-05-30^
  9. Ramco Systems opens new offices in US Devdiscourse, retrieved 2023-09-03^
  10. Etihad Airways Engineering Partners with Ramco Systems Aviation Pros, 2023-03-02, retrieved 2023-08-06^
  11. Ramco Systems' shares gain 4% as it strengthens presence in the Middle East mint, 2023-06-05, retrieved 2023-09-03^
  12. Jagriti Kumari. Ramco Systems names Sundar Subramanian as CEO People Matters, 2023-07-04, retrieved 2023-09-03^
  13. Microsoft Embeds AI Into New Payroll Solution PYMNTS, 2018-08-29, retrieved 2023-10-14^
  14. TE Raja Simhan. Ramco Systems develops self explaining payslip BusinessLine, 2021-07-09, retrieved 2023-09-03^
  15. Microsoft partners with Ramco Payroll Enterprise Times, 2018-08-29^
  16. "Payroll solution by Ramco now on Oracle Cloud Marketplace". 21 April 2021. Retrieved 4 November 2025.^
  17. Should Ramco Systems be in your portfolio? A research summary of the stock AlphaStreet, 2023-03-27, retrieved 2023-11-27^
  18. Theme Region. Ramco Global Payroll Forays into Oracle Cloud Marketplace CIO Insider India, retrieved 2023-11-27^
  19. Ramco Systems ties up with Wagestream DT Next, 2022-10-21, retrieved 2023-11-27^
  20. TE Raja Simhan. Ramco Systems to implement Payroll & HR Solution at Kudu in Saudi Arabia BusinessLine, 2022-07-20, retrieved 2023-11-27^
  21. Ramco Systems launches new payroll platform, bets on it to grow quicker and reverse losses CNBC TV18, 2024-02-09, retrieved 2024-09-21^
  22. Deloitte India partners with Ramco Systems to revolutionise payroll services CFOtech, November 29, 2023^
  23. Deloitte India, Ramco Systems partner to transform payroll services Techcircle, 2023-11-29, retrieved 2024-09-21^
  24. Ramco Systems Partners with BDO India Martechvibe, 2024-01-22, retrieved 2024-09-21^
  25. Ashwin Ramarathinam. Ramco Systems surges 5% as Iraqi Airways decides to adopt its aviation software mint, 2021-05-27, retrieved 2023-12-27^
  26. Ramco Systems Defense to provide Aviation M&E suite to GA-ASI The Economic Times, 2022-09-02, retrieved 2023-10-14^
  27. Etihad Airways Engineering partners with Ramco Systems BusinessLine, BL Chennai Bureau, 2023-03-02, retrieved 2023-12-27^
  28. Ramco Systems to offer Aviation Suite V5.9 for Philippine Airlines CNBCTV18, 2023-02-15, retrieved 2023-12-27^
  29. Ramco Systems signs software deal with Australia-based Nova Systems for Aviation M&E MRO Suite CNBCTV18, 2023-02-07, retrieved 2023-12-27^
  30. CASE STUDY: An ERP system that has grown with Airbus New Zealand Aircraft IT, retrieved 2024-09-21^
  31. Ramco Systems shares jump another 13.5% to hit 2-year high, up 44% in April so far – what's behind the rally? livemint.com, April 12, 2024^
  32. Tata Advanced Systems taps Ramco to power digital backbone of IAF C-130J MRO facility The Economic Times, 2026-03-10, retrieved 2026-03-10^
  33. James T. McKenna. New Saudi MRO Goes Live With Ramco ERP Suite Avionics International, 2017-09-06, retrieved 2023-10-14^
  34. Ramco Systems in Logistics Software deal with AAI Worldwide InfotechLead, 2016-01-27, retrieved 2023-10-14^
  35. A Storehouse of Innovation—WMS for E-Commerce Inbound Logistics, 2020-09-28, retrieved 2023-11-27^
  36. Freight Specialists quietly reshaping the landscape Big Rigs, 2023-11-23, retrieved 2024-09-21^
  37. Ramco Systems launches its Virtual Assistant CHIA on Signal and Telegram Business Standard, 2021-02-01^
  38. Coronavirus: Ramco Systems launches new attendance system with face recognition, temperature screening HT Tech, 2020-03-18, retrieved 2023-11-27^
  39. TE Raja Simhan. Ramco Systems: 'Our immediate goal is a $100-mn order book this fiscal' BusinessLine, 2022-06-14, retrieved 2023-11-27^
  40. Ramco Systems Limited: Locations GlobalData, retrieved 2023-11-27^