World chess champ Anand launches Ramco OnDemand ERP 2.0 in Delhi

New Delhi, Sept.9 (ANI-Business Wire India): World Chess Champion Vishwanathan Anand on Thursday launched Ramco Systems Ramco OnDemand ERP 2.0, which is the next generation of India’s first full-fledged ERP offering on the cloud.

Built on Ramco’s SaaS-based model, RODE 2.0 adds significant functionalities, features, and modules to the offering.

Anand unveiled the new product along with Ajai Uppal, Jt. President, Marketing, Birla Tyres.

This upgrade will be seamlessly available to all 2000 users from 200 plus client organizations, at no additional cost.

The newly launched RODE 2.0, built on the powerful Ramco VirtualWorksT platform, offers customers a rich user interface and a unique set of extension / customization capabilities. RODE 2.0 can successfully handle thousands’ of business transactions and complex functionalities such as MRP, across different industries simultaneously on a single instance of software.

RODE 2.0 is very simple to deploy and run and is completely modular, enabling customers to choose the functions they need, and pay only for what is used, on a subscription basis. It enables customers to go live in as early as 7 days, as against the months taken by traditional ERP, even as they enjoy the full business benefits of a comprehensive ERP solution.

RODE 2.0 has comprehensive ERP functionalities covering Process and Discrete Production, Cost Planning and Control, Human Capital Management, Supply Chain Management, Customer Relationship Management, Financial Management, Maintenance Management, Service Management, Asset Management, and MIS Reports.

RODE 2.0 has the following additional features/benefits:

ERP Extendability: Ramco’s Extension Development Kit (EDK) allows customer organizations to build their own unique set of extended functionalities (screens or modules) and integrate with the core ERP on the cloud. Customers can also create Portlets (web based portals) that contain dashboards and other analytical graphical reports, to suit every individual organization’s needs.

Report Customization: The enterprise reporting tool facilitates addition of new reports or customization of existing reports. This gives the customer the flexibility to design and customize reports based on his unique business needs.

Integration: RODE 2.0 is enabled for easy integration with external applications through either web services or simple data level integration.

Business Intelligence: The Analytics tool can be used to conduct a simple yet comprehensive analysis of data and processes on a real-time basis, and thereby ease decision-making.

Mobile computing: This capability enables the user to access and transact using their mobile, for faster business response and quick decision-making

Enhanced security features: Firewall and other security mechanisms like SSL certificates are enabled in RODE’s multilayer architecture

RODE 2.0 has functionalities that will support the requirements of new industry verticals such as Trading, Auto and Auto component Manufacturers, Electronics and Engineering, Manufacturing Industries, Services, Leather, Power Generation, Food processing, and Dairy.

According to P R Venketrama Raja, Vice Chairman, Managing Director and CEO, Ramco Systems, “Ramco OnDemand ERP (RODE) 2.0 provides a large magnitude of cost savings to customers, by reducing the total cost of owning an ERP, for SMEs as well as large enterprises.”

He added: “Unlike conventional cloud applications that are based on “one size fits all” approach, RODE 2.0 enables customers to extend the ERP and customize reports on the cloud, to meet their unique requirements. RODE 2.0 developed using Ramco VirtualWorksT offers complex and comprehensive ERP functionalities, with desk-top like rich user interface and high security on the cloud.”

He further said: “The product is field proven with 200+ customers from varied industry verticals already using this product. Cloud as a platform is revolutionizing the way software applications are used by organizations for running their businesses, and Ramco will continue to invest in pioneering innovative adoption of such technologies which would bring significant business benefits to our customers.”

According to BusinessWorld, SaaS-based ERP market in India is valued at about seven million dollars or 2.2 percent of the overall 310 million dollar ERP market in India.

“We are seeing a tremendous increase in the customer interest for Cloud-based ERP in the Indian subcontinent. With our success here, we soon plan to enter other geographies as well,” Raja said.

S. Badrinarayanan, Vice President, RTE - Brakes India; S Sivakumar, CEO, ITC IBD (eChoupal) and Ramesh Sanka, MD - Rentco, DLF also shared their experiences on working with Ramco.

Ramco Systems, a part of the one billion dollar Ramco Group, is a leading IT company focused on consulting, product and managed services business. Headquartered in Chennai, Ramco Systems was started as a research and development division of Ramco Industries in 1992, and later established as an independent company in 1999.

The company focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Ramco has over 100,000 users from 800+ customer organizations, globally since inception. The company currently has 14 offices spread across India, US, Europe, Middle East and APAC and employs over 1,400 employees. (ANI)