Enterprise software provider Ramco Systems has established a whole-owned subsidiary in the Philippines under the name Ramco System Inc.
"A buoyant economy and drive to embrace disruptive technologies is driving enterprises in 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," said P R Venketrama Raja, Vice Chairman & Managing Director of Ramco Systems.
The company's headquarters is located in Singapore, with offices in Malaysia and Hong Kong. The Philippine office is Ramco's fourth in the ASEAN region and 21st worldwide; it will employ local innovators.
In a press statement, Ramco Systems said the company had experienced steady for all its three product offerings in ASEAN including enterprise resource planning (ERP), human capital management (HCM) and Aviation maintenance, repair and overhaul (MRO). The Asia Pacific, including Australia and New Zealand, has contributed 29 percent the overall revenue of the company for its fiscal year that ended March 31, 2016.
The company recently established an 'Innovation Lab' in Singapore, which is funded by the government in partnership with Air France Industries & KLM Engineering (AFIKLM). Ramco Systems also tests its offerings in Singapore while its office in Kuala Lumpur served as a research and development (R&D) and support hub for HR & Global Payroll requirements.
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