An Indian software giant has established a base in the Philippines to take advantage of its buoyant economy and help local companies leapfrog to cloud technology.
Ramco Systems Pte. Ltd., a leading enterprise software provider on cloud, mobile and tablets, entered the Philippine software market as Ramco Systems Inc. to address the growing number of local and multinational companies requiring technology services to grow their businesses.
The Philippine unit, based at the 40th floor of PBCom Tower on Ayala Ave. in Makati, would focus on offering cloud human resource and global payroll and logistics software to local clients. It is Ramco’s fourth office in the region and 21st globally. Ramco, which is headquartered in Chennai, India, also has offices in Singapore, Hong Kong and Kuala Lumpur.
Ramco Systems vice chairman and managing director P R Venketrama Raja said “a buoyant economy and drive to embrace disruptive technologies is driving enterprises in the Philippines to invest in latest technologies.”
“We are opening an office in Manila to enable local enterprises to leapfrog to cloud technology and derive significant business benefits. Given the excellent technical manpower in Philippines – it will also serve as a base for addressing our clients in the Asean region. With focus on innovation and cloud, we look forward to becoming the region’s most favored cloud enterprise software provider,” Raja said.
Eight months prior to setting-up an office in Manila, Ramco has already landed six major contracts with Philippine companies for cloud and related services. Among them are Max’s chain of restaurants, AAI Worldwide Logistics, the Ayala Group and First Balfour Inc.
Ramco’s new office will employ local innovators as the Philippine IT sector moves beyond business process outsourcing – a pillar of economic growth in recent years – to include implementation of cloud-based technology to transform local enterprises in the area of enterprise resource planning, human capital management and global payroll, enterprise resource planning and maintenance, repair and overhaul for aviation.
“Centered along our product line, our products have systems which actually give ample visibility and control of the enterprise to people-centric sort of thing. Second, we are coming out of the strength of people management logistics which we will focus on here. The Philippines is strong in services. We can give support the BPO sector needs,” said Raja.
The company seeks to attract five or six new clients every quarter.
“I think, we have generated enough interest. The first client we signed was about eight months ago and then we rapidly signed similar deals. The Philippines is a good place to do business and we are positive we will grow as the Philippine economy grows,” said Raja.
Ramco products are built for business of scales. Raja said their focus is on a completely integrated system for medium-sized companies of about $10 million to $15 million in revenues.
“There are SMEs that come to us. They know that they are investing right by going to us, preparing for the growth they projected, so when the time comes they grow big enough, they are prepared to take on the challenges of integration through a reliable and efficient management system,” he said.
With his steadfast focus on research and development and innovation, Raja has played a pivotal role in steering the Ramco Group to global recognition for quality products and services.
His rich and diverse experience in various industries has been one of the driving forces behind the group’s evolution into a $1-billion conglomerate.
Raja established Ramco Systems with a mission to create a world-class information technology company focused on enterprise management applications and emerging technologies.
A part of the $1 billion Ramco Group, Ramco Systems focuses on innovation and culture to differentiate itself in the marketplace. It has more than 1,600 employees spread across 21 offices globally.
Raja’s basic philosophy of “Technology keeps you ahead” and his rich and diverse experience in the IT sector have helped make Ramco Systems one of the top 100 enterprise solution providers in the world.