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Ramco announces five new wins in Q3
Source: IRIS | 16 Jan, 2014, 04.11PM
Rating: NAN / 5 stars.
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Ramco Systems, an enterprise software product company, has announced 5 new wins in Q3 of FY 2013-14. This includes Denmark-based, DanCopter, Eagle Air in Iceland, Ellinair in Greece, Aerogulf Sola Engine Centre in Norway (the CFM56 engine MRO specialists who are part of the Bahrain-based Aero Gulf Group), and Enspec Power, a leading Electrical Engineering company in UK.

DanCopter based in Denmark marks the first win resulting out of Ramco - Airbus Helicopters (earlier called Eurocopter) partnership which was signed during the Paris Airshow in 2013.

The company which provides helicopter transportation services to Oil & Gas companies in the North Sea, Norwegian Sea, Barents Sea, and as well as for Shell in Nigeria will be implementing Ramco's end-to-end Maintenance & Engineering (M&E) offering with pre-loaded content for fast and efficient cost capturing and tracking.

Commenting on the company's success in the region, Virender Aggarwal, CEO, Ramco Systems, said,'' We have witnessed good traction for our cloud offerings in the European sub-continent especially from Low Cost Carriers (LCCs) and Small and medium size airline operators. With no license fee, maintenance cost or additional infrastructure to procure, the cloud model has seen a quick uptake from this segment, globally. Interestingly, the Cloud mode of delivery gives them a viable alternate to traditional solutions. Also, lean model of implementation further reduces the time involved in implementation to a great extent as visible with the success of Astra Airlines, a LCC from Greece which went live in 8-weeks.''

With a full-suite offering to address the ERP, MRO (Maintenance, Repair & Overhaul) and M&E solutions, Ramco has been addressing the needs of Airlines, Heli-operators, CAMOs (Continuing Airworthiness Management Organisations) and MROs.

Shares of the company gained Rs 0.3, or 0.16%, to settle at Rs 183. The total volume of shares traded was 4,846 at the BSE (Thursday).

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