Ramco enables Aviation Solution on Cloud for Astra Airlines Group
10 Sep 2013
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Further strengthening its cloud base for small & medium operators
Chennai, India – September 10, 2013 – Ramco Systems, the global Aviation Software provider on Cloud, Mobile and Tablets today announced a new order win from Astra Airlines Group, one of the emerging passenger airlines operating from Greece. The win further fortifies Ramco’s position in the global MRO segment.
Under the agreement, Ramco will provide its Maintenance Repair and Overhaul (MRO) solution, including Maintenance & Engineering (M&E), Aviation Finance, Technical Records & Engineering, Inventory & Supply Chain, and Maintenance Planning & Execution.
Mr. Kostas Drizis, CAMO Manager, Astra Airlines, said, “We had been on the lookout for an efficient solution that would manage our Aviation operations. After extensively screening multiple products, we chose Ramco for their comprehensive aviation suite, sound business process mapping and efficient management of the entire spectrum of M&E Activity. Moreover, the solution’s friendly user-interface, ease of learning, structured implementation strategy and cloud configuration promise to make this project successful from the very beginning. We are confident that we will be realizing concrete improvements on our M&E KPIs by the end of the current year.
Commenting on the new win, Mr. Virender Aggarwal, CEO, Ramco Systems, said “We have been increasing our presence in the Aviation business. Our cloud offering is well suited for the underserved small and medium operator space, globally. Ramco’s solutions are adaptable for large to small enterprises, helping them increase efficiency in a heterogeneous landscape. This scalability also makes us a preferred choice as the MRO solution partner, across the Aviation industry.”
“The Aviation software has been well received for its functionalities, and with its latest features of Mobility, Gen-Y user interface and intuitive WorkSpaces, it is sure to appeal many more customers,” added Mr. Aggarwal.
Built ground-up for the Aviation sector, the Ramco Aviation Suite caters to airlines, rotor wing operators as well as third party MROs. The solution helps Aviation businesses to bring in best practices into all engineering and maintenance operations, and reduce overhead costs.
About Astra Airlines:
Located in the expanding Greek International Airport of Thessaloniki ‘Makedonia’, Astra Airlines first flew in summer 2008, aiming to reach the highest quality level of air services. After having gone through thorough tests and successfully proving the excellent organization of the company at all levels – Flight Operations, Technical Maintenance and Ground Operations – they were awarded the European Community Certificate for Air Operators, AOC, adhering strictly to the EASA Safety Rules and Conditions. Astra Airlines employs fully trained and experienced Cockpit and Cabin Crew members, who undergo continuous recurrent training to maintain the highest standards of excellence. It operates a wide network of domestic and international routes, focused mainly in Eastern Europe. Solid growth in passenger traffic and capacity utilization is anticipated in the coming years.
About Ramco Systems:
Ramco Systems provides next generation, end-to-end enterprise solutions that render complete transformation of the business in real time. Built on RamcoVirtualWorks®, all Ramco products are cloud architected by design and address the entire business cycle from transaction to analytics. Part of the USD 1 Billion Ramco Group, the company offers ERP, HCM, SCM, CRM, Financials, Service Management, Asset Management, Process Control, Project Management and Analytics to multiple verticals on the most appropriate cloud model—public, private and community. Ramco focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 150,000 users from 1000+ customer organizations. The company currently has 21 offices spread across India, USA, Canada, Europe, Middle East, South Africa and APAC.
“Ramco Systems Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares and has filed its Draft Letter Of Offer with the Securities and Exchange Board of India (“SEBI”). The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in, on the website of the lead manager at www.centrum.co.in and of the Company at www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the section titled “Risk Factors” at page xiii of the aforementioned Draft Letter of Offer.”