Having built a distinction of being APAC's first enterprise-class product company, Ramco Systems has transformed itself into a Global Enterprise Cloud provider with comprehensive offerings to address ERP, HR, Aviation MRO and Asset Management needs. For the FY 2013-14, Ramco's cloud based revenue grew 110% as compared to the previous year.

As a domestic player, Ramco today clocks 69% of its revenue from markets, outside India, a trend reinforcing the global acceptance of its cloud offerings.

Ramco's partner strategy has seen a revamp with the company announcing that all enterprises in the small to midsize segments will be addressed exclusively through channel partners with support from Ramco team. The company has also added marquee clients in the last financial year including leading retail chains Sharaf DG, Redtag (Middle East), wine distributor-MHW (Americas), Mother Dairy in India, Norske Skog in Australasia, Malaysia Airlines, DanCopter and others.

Moreover, Ramco announced the launch of Ramco Services Resource Planning (SRP), an ERP to serve the needs of Professional Services Segment.

Shares of the company declined Rs 3.7, or 1.83%, to settle at Rs 198.20. The total volume of shares traded was 3,689 at the BSE (Wednesday).