RAMCO defies the industry trend, grows exponentially, Profit up by 189% YoY

You thought industry is in doldrums and struggling to maintain top & bottom line, RAMCO is here to prove everyone wrong, just going against the wind. Industry leaders like Infoys, TCS, Wipro are struggling to maintain a steady growth engine where RAMCO claims to have grown by 25%. Recent press release suggest, For the year ended March 31, 2016 (FY: 2015-16), global income of Ramco Systems Limited was USD 69.97m (Rs 454 cr). The net profit after tax for the year stood at USD 6.03m (Rs 39.2cr). Revenue from markets…

Works Applications, Japan based ERP Firm Enters US Market, Offers HCM Application

Japan based ERP Applications provider Works Applications plans to enter US market with its ERP suites, to start with its a eyeing space in HCM market a very competitive and crowded market. The HCM tool called AI Works will be available using a straightforward cost model that includes any implementation and configuration work required by customers in early 2016 reported bloomberg. AI Works offers customers a much lower total cost of ownership compared with Workday, SAP, and Oracle whose solutions often require costly customization. Designed to break away from the traditional…

Randstad to acquire outplacement innovator RiseSmart

Press Release: Randstad Holding nv announces it has reached an agreement to acquire a 100% stake in RiseSmart, a San Jose, California, based market leader in innovative, technology-led career transition services. With this acquisition, and the previous investments of Randstad Innovation Fund, Randstad seizes the opportunity to invest in emerging technologies to better compete in the increasingly evolving HR services industry. RiseSmart provides transitioning solutions to companies whose employees are impacted by restructuring, downsizing, mergers and similar events. Powered by a virtual, scalable model, RiseSmart is considered disruptive to traditional…

iSystems Launches Next Generation of Software with Evolution HCM

PRNewswire/ — iSystems, LLC today announced the initial release of its new Evolution HCM software, the Company’s next generation SaaS-based payroll and human capital management (HCM) technology platform. This is the first of many releases planned for the Evolution platform in 2015. iSystems is building upon Evolution’s rock solid position as the premier payroll, tax management and service bureau software in the industry with its new cloud-based Evolution HCM platform.  In addition to payroll and tax management, the new suite will include human resource administration, benefits management and online enrollment, employee…

Pakistan Civil Aviation Authority Implements Oracle HCM Module

Pakistan Civil Aviation Authority entered into contract with Oracle Corporation and Inbox Business Technologies for implementing Human Capital Management Modules of Oracle Cloud on Feb 11th. The contract was signed by Director General Pakistan CAA, Air Marshal (Retd) Muhammad Yousaf, Mr. Shaun Han, Vice President ASEAN Oracle Corporation and Mr. Umair Azam, Chief Operating Officer Inbox Business Technologies in a ceremony held at Headquarters CAA which was attended by all Directors of CAA and representatives of Oracle Corporation & Inbox Business Technology reported official Facebook page of PCAA.

Workday Expands Business in Japan

Press Release: Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced its business in Japan is growing as more customers make the shift to the cloud for finance and human resources (HR) and away from legacy technology. More Japanese organizations are looking to take advantage of the next wave of enterprise software, where business applications bring together modern technologies including cloud, mobile, and analytics to better support critical decision-making that drives business transformation. According to industry analyst firm Gartner, spending in Japan…

Bureau Veritas chooses Ramco Payroll & Workforce Administration in India & Singapore

Press Release: French-based global multinational, Bureau Veritas SA chooses Ramco Payroll & Workforce Administration software on Cloud for its India and Singapore operations. With 66,000+ employees spread across 1,400 offices in 140+ countries, Bureau Veritas is a global leader in Testing, Inspection and Certification (TIC) services. With 8 Global Businesses (Marine & Offshore, Industry & Facilities, Government Services & International Trade, Consumer Products, Commodities), Bureau Veritas has been growing in scale and operations. With a global mandate to consolidate Payroll and Workforce Administration across offices in each country, Bureau Veritas was…

Everstone Capital to buy payroll processing business of Aon Hewitt

Everstone Capital, the $2.2-billion India and South East Asia-focused private equity group, is out on a shopping spree. Just a fortnight after scooping up Servion, a Chennai-based provider of customer interaction management solutions, it is now buying the payroll processing business of Aon Hewitt for $60 million, said people aware of the development reported TOI. 

India’s largest Duty Free, GMR co-owned Delhi Duty Free selects Ramco HCM

Press Release: New Delhi/ Chennai, India – December 8, 2014 – Having established prominence in branded retail with the addition of marquee names such as Dabur, RedTag, Khimji Ramdas, Sharaf DG, and Landmark Group, Ramco Human Capital Management (HCM) forays into addressing HR needs in the fast growing travel retail business with the addition of Delhi Duty Free Services (DDFS). Jointly owned by Delhi International Airport Private Limited, Yalorvin Limited and GMR Airports Limited, Delhi Duty Free Services Pvt Ltd is the single largest duty free retail operator in India operating…

HUL tops the list in India in 2014 Aon Hewitt Top Companies for Leaders Winners

In their annual report on 2014 Aon Hewitt Top Companies for Leaders Winners, HUL has topped the list amongts Indian companies, globally its ranked 3rd. GE tops the list globally, followed up IBM. Along with HUL, ICICI Bank and Mahindra Group feature in top  25 list of Top Companies for Leaders. Godrej Industries Limited and Associated Companies (GILAC) gets special recognition in the research. “Participating in the Top Companies for Leaders study is a good opportunity for us to reflect on our talent and leadership philosophies and benchmark ourselves with other world…