Ramco Systems, an enterprise software company, today announced that Norske Skog Australasia, a subsidiary of Norske Skogindustrier ASA has signed an agreement with the company for cloud ERP integrated with asset management & financial for its Australasian operations.
Norske Skog Australasia was using legacy enterprise solutions for its financial and asset management requirements that were due for upgrade. The company decided to look for a technology solution built on a modern cloud based architecture to address its present and future IT needs.
''The newsprint industry is going through a structural reform and our IT systems must be capable of supporting both our current and future business needs. Ramco offered us a functionally strong and integrated solution with in-built mobility and analytics to address the end-to-end operations. With Ramco ERP on cloud, we will be able to scale and grow on the solution while continuing to control the costs attached to IT,'' said Eric Luck, vice president finance, Norske Skog Australasia.
Shares of the company gained Rs 3.5, or 1.92%, to trade at Rs 186. The total volume of shares traded was 2,214 at the BSE (1.31 p.m., Wednesday).