Ramco System secures order from HAECO ITM Ltd for Ramco Aviation Suite

Myequity news service | Date : 12-07-2018 12:30:00 IST

HAECO ITM Limited, a part of Hong Kong Aircraft Engineering Company Limited (HAECO) Group company which provides Inventory Technical Management solutions , today said that it has opted Ramco Systems, a global enterprise software provider, for Ramco Aviation Software.

Ramco will provide end-to-end solution by unifying various techno-commercial functions - covering Customer Contract Management, Supply Chain Management, Inventory Management, Financial Management, and Component Engineering including Reliability Management – on a single platform equipped with advanced supply chain planning and optimisation. Ramco Aviation Suite will integrate with HAECO’s existing business systems, while the partnership will also enable HAECO ITM to interface with customers and suppliers through Aeroxchange. Aeroxchange is the only electronic business network that supports all MRO business processes within the aviation industry for buyers and sellers.

Christopher Gibbs, HAECO’s Group Director of Components & Engine Services, said: “We are very pleased to reach this agreement with Ramco. With the implementation of this new IT system, we are able to support HAECO ITM’s day-to-day operations with integrated, reliable and scalable end-to-end solutions to better serve our customers. We look forward to a strong partnership with Ramco to deliver exceptional value to our customers for a sustainable future.”

Virender Aggarwal, CEO, Ramco Systems, said, “Winning the enterprise applications mandate from a leading global MRO has proven once again that our Aviation Suite has best-inclass functionality and user-friendly features. We believe that this strategic partnership with HAECO will go a long way in supporting its growing global business and also positioning us as one of the most comprehensive aviation software providers on cloud and mobile.”

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 ZERO UI, 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.

About HAECO ITM Limited:

A joint venture formed in Hong Kong between HAECO and Cathay Pacific Airways in 2012, HAECO ITM provides services ranging from flexible inventory pooling options, Power-by-the-Hour support services and repair management to ad-hoc loans, exchanges and worldwide AOG support. With extensive component engineering and airline operating experience and strong in-house repair capabilities, HAECO ITM offers customised, innovative and cost-effective component management solutions with guaranteed service levels and high-quality component maintenance to ensure customer fleet performance and technical dispatch reliability.

About Ramco Systems:

Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On Innovation front, Ramco has been focusing on moving towards Cognitive and Robotic ERP with features such as Talk It - which allows transactions to be carried out by simple voice commands, Bot it – which allows users to complete transaction using natural conversations; Mail It – transact with the application by just sending an email; HUB It - a one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval.

Ramco Systems closed 1.95% down at Rs 360.00


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