Ramco Systems unveils ERP software

Chennai: Ramco Systems has launched a full-fledged software-as-a-service ERP (enterprise resource planning), which enables clients to subscribe for a software module on a monthly fee. Called Ramco On Demand ERP, it takes care of all IT infrastructure, maintenance and support needs.

A small automotive component company need not buy the entire ERP package. Instead, it can begin with a finance module and extend to purchase, sales and inventory management depending up on the growth, P.R. Venketrama Raja, Vice-Chairman, Ramco, told newspersons.

It took three years for the Chennai-based software company to develop OnDemand ERP. This is powered by Ramco’s VirtualWorks technology on which around $200 million has been spent so far, he said.

User demand

Following a soft launch earlier, Ramco’s OnDemand ERP has won around 1,000 users across multiple verticals, including auto components, trading, distilleries, electronics, textiles and chemicals. The company hopes to have about 10,000 users in the next 18 months.

It will cost around Rs 7,000 per user per month as subscription fee, he said.

Raja said traditional ERP implementations have been plagued by non-availability of skilled resources; long implementation time and huge upfront investment. Ramco’s OnDemand ERP takes care of all these by providing software, hardware and also maintenance support. Clients can completely focus on growing their business and stop worrying about managing an ERP, he said.

Ramco will work with partners such as system integrators to take OnDemand ERP to end users.

Raja said some of the company’s clients having an ERP package would slowly migrate to OnDemand ERP in the next couple of years, he said.