to offer web-based software services to US customers
Chennai, March 4, 2008 (IANS)
Rs.2.66-billion Ramco Systems Ltd will offer its web-based enterprise
resource planning (ERP) solutions in the US next fiscal, said a
top official. The company intends to do this on the software as
a service (SaaS) platform, in which a company hosts its software
on the web and allows its customers to access them on subscription.
Ramco Systems is targeting auto components, textiles, electronics,
polymers, rubber, distilleries, chemicals, engineering and other
sectors for this service.
are in the process of working out detailed plans. Aspects like revenue
target and market segments would become clear after sometime,"
Chandra Prabhakar, vice-president of OnDemand Solutions of the company,
told IANS. According to Prabhakar, the future for enterprise products
lies on the SaaS platform. Last month Ramco Systems became the first
company in India to offer a full-fledged ERP solution on SaaS, she
said. The one advantage of this is that companies can subscribe
to only those software modules they intend to use instead of buying
the entire ERP package at a huge cost.
company already has 1,000 subscribers from about 100 companies.
"The target is to have around 10,000 subscribes in a year's
time." According to Prabhakar, the company will be ramping
up its distribution network across the country. Presently Ramco
Systems has 55 partners to sell the service and provide some customer
support. She, however, declined to put a number to the targeted
distribution partners the company intends to add.
on the company's Virtual Works platform, it took Ramco Systems three
years to put its ERP product on the web as SaaS. She said ERP as
SaaS will be 30-35% cheaper than bought as a full product. While
there has been a migration of Ramco Systems existing customers to
the SaaS model, Prabhakar said the division will not cannibalise
into the sales of its ERP product. "The product sales division
will continue to target and service large corporations."