From Business Standard

Ramco Systems rose 1.92% to Rs 768.25 at 14:55 IST on BSE after the company announced entering into a strategic partnership with GAINSystems, Inc.

The announcement was made during trading hours today, 19 November 2015...

...Ramco Systems and GAINSystems, Inc., today, 19 November 2015 announced entering into a strategic partnership to offer their world-class, fully-embedded and integrated solution to the aviation industry. Through this partnership Ramco will embed GAINSystems' Supply Chain Planning and Inventory Optimisation solution to its aviation offering, and offer it to both its new and existing customers of aviation series 5.

GAINSystems, Inc. is a leader in Supply Chain Planning and Inventory optimisation solutions.

On a consolidated basis, Ramco Systems' net profit surged 213.6% to Rs 9.91 crore on 23.3% rise in total income to Rs 107.75 crore in Q2 September 2015 over Q2 September 2014.

Ramco Systems provides next generation, end-to-end enterprise solutions that render complete transformation of the business in real time. The company offers ERP, EAM, Fleet Management, HCM, CRM, Financials, Service Management, Process Control, Project Management and Analytics to multiple verticals on the most appropriate cloud modelpublic, private and community.

Read the original news item at Business Standard.

Ramco Systems, the global Aviation software provider on cloud, mobile & tablets, and GAINSystems, Inc., a global leader in supply chain management and supply chain optimisation, recently announced that they have entered into a strategic partnership to offer their world-class, fully-embedded and integrated solution to the Aviation industry.

Through this partnership Ramco will embed GAINSystems’ Supply Chain Planning and Inventory Optimisation solution, GAINS, to its Aviation offering, and offer it to both its new and existing customers of Aviation Series 5.

“Ramco and GAINSystems are both recognised in the aviation industry for applying their deep experience in meeting the needs of the world’s leading fleet operators and MRO providers. Over many years of supporting our customer base in aviation services, we have invested significant development efforts into product enhancements that address the very specific needs of this market,” said Bill Benton, CEO, GAINSystems.  “The Ramco partnership allows us to leverage this investment and, with Ramco’s deep expertise, provide the aviation market a uniquely-suited, comprehensive suite of aviation-specific solutions.”

Virender Aggarwal, CEO, Ramco Systems, added “Having established a strong foothold in the Aviation IT market, we realised there are a few surround applications which can further enhance the value a customer reaps from technology. To address aviation related supply chain management and optimisation, we chose to partner with GAINSystems. Our partnership with GAINS will help us deliver an embedded best-in-class total Aviation Supply Chain solution, which will help our clients and prospective customers get a seamless experience.”

The aviation industry has been experiencing challenges of consolidation, greater competition, increased reporting and tracking requirements, while being pressured to reduce costs, improve supply chain efficiency and shareholder return. There is a clear recognition that operating reactively is no longer an option. The Ramco and GAINSystems partnership brings together two recognised industry leaders, with a powerful set of solutions to address this most unique and important global market.