Chennai, India – September 25, 2010 — Ramco Systems Limited (BSE – 532370, NSE – RAMCOSYS, MSE – RSST); a leading software company focused on consulting, products, and managed services, today announced a prestigious order win from National Aviation Company of India Limited (NACIL) for its Maintenance, Repair & Overhaul (MRO) suite of Aviation software offerings. As per the agreement, Ramco Systems will provide its complete suite of MRO offerings to NACIL which operates Air India, Indian Airlines, Air India Express and Alliance.
Air India will soon bring all areas of functioning of its Maintenance, Repair and Overhaul (MRO) facility on to a common IT platform, with the objective of increasing aircraft availability, reducing inventory, ensuring quicker turnaround times and bringing cost effectiveness. This software will help automate the business processes of line and heavy maintenance, component and engine maintenance, quality assurance, production, planning and control, material procurement, inventory, payments and accounting functions, among others.
Speaking on the occasion, Mr. P R Venketrama Raja, Vice Chairman, Managing Director, & CEO, Ramco Systems, said “We are happy to win this prestigious order for our Aviation business from NACIL. Our robust MRO offering that empowers some of the best-in-class aviation companies, will now be instrumental in adding significant value and business benefits to NACIL. We see the aviation industry reviving globally and this win has further strengthened our presence and focus in the Global Aviation market.”
“We are very excited to add NACIL as our Aviation Customer from the Indian subcontinent. Ramco’s MRO offerings provides functionality for integrating a wide range of operations which helps keep costs under control and simplify processes, thereby increasing productivity and returns. This win is a testimony to the strong and robust product we have developed for the Aviation market,” added
Mr. Kamesh Ramamoorthy, COO, Ramco Systems.
Ramco’s solution will benefit NACIL by improving the turnaround time of business processes, leading to increased aircraft availability, reduced float requirement and consequent reduction in inventory. It would also help increase productivity of all resources. This would also enable the airline to improve its revenue earning through more third party MRO jobs. The software shall also be integrated with corporate ERP solutions in the near future.