Close on the heels of bagging an order from a leading Defense Contractor, global enterprise cloud software specialist Ramco Systems today announced that it has secured yet another deal from a leading adversary air (ADAIR) services provider to the U.S. Defense Forces, to manage its fleet of fighter aircraft used for highly complex training fleet and Defense contract requirements.
Ramco will implement its full suite Ramco Aviation Suite V5.8, covering modules for Engineering and Maintenance, Supply Chain Management, Safety & Quality, Flight Operations, integrated with Finance. Bundled with the latest features for Mobility, Hubs and Dashboards, Ramco’s next-gen Aviation suite will enable paperless operations across remote locations, thereby aiding clients’ rapid expansion plans. Interestingly, Ramco was positioned in 2018 Gartner’s Magic Quadrant for Enterprise Asset Management, which released recently.
Ramco’s one stop solution will cover all functional areas in a single software, enabling the client adhere to defense regulatory needs. Ramco’s Offline Mobile capability will help the client manage remote operations with zero connectivity, thereby ensuring quick turnaround for aircraft induction and high availability of aircraft for critical missions.
Commenting on the expansion, Virender Aggarwal, CEO, Ramco Systems, said, “After successfully addressing the Heli, Airline and MRO segment, we have entered the growing Defence industry with our comprehensive suite of offerings. There has been a quest for technological superiority in the Defense segment and Ramco with its Aviation and Maintenance domain expertise will aid organizations leverage disruptive technology to maintain dominance. We look forward to adding more such Defense leaders and strengthen our foothold in the segment.”
Ramco Aviation Software is trusted by 22,000+ users to manage 4,000+ aircraft globally. Accessible on cloud and mobile, Ramco Aviation Software continues to innovate with ‘Anywhere Apps’, significantly reducing transaction time both during aircraft-on-ground (AOG) conditions and critical aircraft turnarounds. Ramco is changing the paradigm of enterprise software with Artificial Intelligence and Machine Learning based solutions, powered by cool new features such as voice-based transactions on Google Assistant or Alexa, chatbots, mail bots, HUBs and cognitive solutions. With 75+ Aviation leaders onboard, Ramco is the solution of choice for several large airlines and top heli-operators and multiple MROs around the world.
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Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.281.05 as compared to the previous close of Rs. 282.5. The total number of shares traded during the day was 763 in over 86 trades.
The stock hit an intraday high of Rs. 285.4 and intraday low of 275. The net turnover during the day was Rs. 213462.