Ramco Systems, the global aviation software provider on Cloud and Mobile, announced that it has secured an order from one of the Global Top 5 Aircraft OEMs (Original Equipment Manufacturers) for its joint venture in China.
Ramco will help the China based manufacturing centre to embrace latest technology offerings to automate its Maintenance & Engineering (M&E), Supply Chain, Finance, HCM and Payroll functions on a unified platform. In-built Mobility and Hubs for simplified user experience, the application will enable users to configure and track aircraft components, gain visibility of stock and provide advanced reporting support, in addition to addressing local statutory compliance requirements for HR, Payroll & Finance.
Virender Aggarwal, CEO, Ramco Systems, said, ''With this win, we now have 2 of the top 5 Global Aircraft OEMs as our client. Ramco’s ability to address the end-to-end needs of the Aviation industry with a comprehensive offering and experience with existing customers in the Chinese region played a key role in winning this strategic deal.''
''With China expected to become the world’s largest aviation market in the next decade, this win will pave way for further growth from the region,'' added, Aggarwal.
Shares of the company gained Rs 15.35, or 4.47%, to trade at Rs 359.05. The total volume of shares traded was 15,785 at the BSE (2.07 p.m., Tuesday).