Virender Aggarwal's next mission: ERP on steroids

19.10.2012

Headquartered in Chennai, the company has 15 offices spread across India, Asia Pacific, US, Canada, Europe, Middle East and Africa. It is a public listed company in India and has more than 1,800 employees. According to the company's website, Ramco has over 140,000 users from 950+ customer organisations, globally since its inception. The company provides solutions to multiple verticals including banking, insurance, manufacturing, supply chain, aviation, transportation and logistics, healthcare, governance, and retail.

The company's strength, Aggarwal told me, lies in its enterprise resource planning (ERP) software. It runs payroll for several Fortune 500 companies in 48 countries worldwide. Its software is hugely popular in aviation sector-35 percent of the world's helicopters use Ramco's software for maintenance. The company boasts of clients like GoAir (a budget airline company) and GMR Aviation (private jet services provider) in India and Malaysian Airlines in Malaysia.

According to Aggarwal, research is the heart and soul of Ramco Systems. "The company is very R&D focused," he said. "We have been working closely with IIT Madras. Out of 1700 employees, we have about 1,000 people in R&D." The company has 12 approved patents.

So far, Ramco systems had been selling their ERP product directly to customers, said Aggarwal. Now he wants to put this piece of software on steroids-by going global via the cloud. And soon they will stop selling on-premise version of the software.