Ramco Systems sets up subsidiary in Indonesia

The Indonesian subsidiary will be Ramco's sixth one in Asia and 24th office, globally. The new office will employ local staff and focus on bringing cloud-based technology to transform Indonesian enterprises in the area of HR, Payroll and Logistics ERP, a company statement here said.

As the largest economy in ASEAN, Indonesia has been witnessing good adoption of digital technologies in the enterprise front.

According to a recent report, Indonesia is expected to see buoyant demand for enterprise solutions driven by improved infrastructure, stable and growing economy and employable IT workforce.

"As one of the fastest growing regions for Ramco, Asia has expanded its footprint into newer markets and strengthened partner ecosystem, substantially.

"Our thrust is to bring the best of Innovation, technology and global best practices and combine it with regional nuances to address the business needs in the region.

We look forward to becoming, Indonesia's most trusted cloud enterprise software provider," Ramco Systems CEO Virender Aggarwal said.

With Singapore as the regional headquarters, and offices in China, Malaysia, Hong Kong, Vietnam and Philippines, Ramco Systems in Asia has seen a steady growth for its product offerings - Logistics ERP, HCM and Aviation MRO, the release said.

For the year ended March 31, 2017, Asia Pacific region contributed 31 per cent to the overall revenue. The company has an 'Innovation Lab' in Singapore funded by the Singapore Government with anchor partner Air France Industries & KLM Engineering (AFIKLM).