NSE Symbol: | BSE Code: | ISIN: | Sector:
- Add to Portfolio
- Add to Watchlist
- Add to Alert
Letter to Shareholders:
Without change there is no innovation, creativity, or incentive for improvement.
The year 2012–13 has witnessed significant changes, and the company has emerged with a new thinking and outlook towards business. We are delighted to inform you that the last year has been very fruitful for us with new orders across major verticals, worldwide. Today, Ramco ERP on Cloud and Ramco Aviation Suite empower leaders across key markets, and Ramco HCM is gearing towards breaking into the big league with its strong foundation.
Globalization and changing technology trends have resulted in a paradigm shift in user preference. Today, business users are looking for seamless access from desktops to mobile devices, an interface that can understand their needs while being simple to use and a solution that is socially connected. This has led us to design a product philosophy that addresses the new–age Gen–Y customers of tomorrow. Our product philosophy is driven around MUSIC (an acronym for Mobility, User Interface, Social, In–Memory and Context Aware). This new focus and change has positively helped us and our customers to embrace future trends ahead of competition and benefit immensely.
This year has also made our footprint visible in the international market. We opened up a subsidiary in Australia and have also set up a new off i ce in North America. To serve the needs of global customers, we launched Ramco ERP on Cloud on the Amazon Web Services platform. Hosted across US, Australia and Singapore, our global customers today leverage AWS's secure, reliable and cost–effective cloud infrastructure. With the right product, right infrastructure and a host of able partners, we have been steadily growing our cloud footprint, globally. We also added spatial capability into our Cloud ERP with the integration of Google Maps into our Cloud solution. This has helped customers to get a real–time view of their business, and truly leverage the power of a 'Connected Enterprise', anytime, anywhere.
The Aviation business continues to fly high and is poised for further growth, with the launch of a Cloud version of our Aviation solution, focused at addressing small–operators & MROs. The highlight of the year was the three–day Aviation User ConferenceRamco User Meetwhich set the platform for both users and us to network, exchange ideas and draw up the product roadmap for the year ahead.
Overall, this year has set the foundation for our future growth. As we get ready to ascertain a position in the global Cloud enterprise market, we thank our stakeholdersyou, our shareholders; clients; partners and employeesfor your continued support and belief in our products and offerings.
P R Ramasubrahmaneya Rajha
P R Venketrama Raja
Vice Chairman & Managing Director