Ramco Systems to take advantage of its e-commerce sector
Ramco Systems, an enterprise software company, will target logistics and passenger airline segments to take advantage of the high growth in the e-commerce sector, a top company official said.
“Earlier, software solutions were offered on a cluttered basis to the logistics players. Software providers didn’t offer ERP and ERP players didn’t offer other software solutions. The present e-commerce boom has triggered strong growth potential for logistics firms and we found an opportunity to offer an integrated and cloud-based ERP for the companies in this sector,” said Virendar Aggarwal, Chief Executive Officer of Ramco Systems.
The company had introduced a niche Enterprise Resource Planning (ERP) product—Ramco Logistics Software—an integrated cloud-based platform targeted at third-party logistics firms, freight forwarding companies and courier firms among others.
The company had some competitive advantages over large players like Oracle or SAP. “Revenues of the most of the logistics firms are below $1 billion.
“So, it may be an expensive proposition for them to go for the solutions of those big companies. We offer very flexible pricing,” he said.
The company’s aviation vertical was facing some challenges due to the slowdown in helicopter chartering, hit by low oil prices.
“We need to change the perception of a small company. Though a couple of domestic airlines use our solutions, we are working on boosting our business,” he said.