Vendor Analysis
published on May 21, 2020
Report Overview:
This NelsonHall assessment analyzes Ramco System's offerings and capabilities in Cloud HR Transformation
Who is this Report for:
NelsonHall’s Cloud HR Transformation Services profile on Ramco Systems is a comprehensive assessment of Ramco Systems offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Cloud HR Transformation Services and identifying vendor suitability for security services RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the Cloud HR Transformation Services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Ramco Systems’s Cloud HR Transformation Services offerings and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
This NelsonHall vendor assessment analyzes Ramco Systems’s offerings and capabilities in Cloud HR Transformation Services.
Ramco Systems (Ramco), headquartered in India, has over 25 years' experience delivering Cloud HR Transformation Services, and today supports ~500 clients. Ramco forms part of the Ramco Group of companies, which collectively represent ~$1bn in revenues is a provider of cloud software and services, including:
- HR and global payroll software and services (including Cloud HR Transformation Services)
- Enterprise Resource Planning (ERP) systems
- Aviation software
Ramco formed in 1992 as the R&D division of Ramco Industries Limited. Ramco has ~1,900 employees based across 24 offices across India, APAC, the U.S., Canada, Europe, and the Middle East and Africa. Established as an independent company in 1997, Ramco began delivering payroll software and services using a client-server architecture. Ramco originally delivered HCM software as part of its cloud ERP offering; it has been offering HR software for over 20 years. Ramco HCM & Global Payroll became a separate business unit in 2009, and this became a focus area for Ramco.
In 2008, Ramco began investing in cloud technologies as part of a company-wide strategy to move all proprietary software to cloud architecture and launched cloud versions of all its software. In 2010, Ramco released its cloud HCM as a standalone product. Ramco has approximately 700 employees in its HR & Global Payroll business. Over the last three years, the Ramco HCM division has focused on developing additional country payroll engines into its platform.