LAWRENCEVILLE, N.J., Feb. 26 /PRNewswire-FirstCall/ -- Ramco Systems, a global provider of enterprise solutions and services that close the gap between business needs and IT capabilities, today announced delivery of its groundbreaking model-based application development and delivery platform called Ramco VirtualWorks(TM). Ramco VirtualWorks includes a model-based architecture, a complete web-enabled set of workbenches for the application development lifecycle, as well as methodologies for all stages of implementation. An "extreme productivity platform," Ramco VirtualWorks allows faster and higher quality application design, development and delivery than the current generation of enterprise-class software. "The reality is that the current generation of enterprise applications wasn't designed to easily accommodate change on-demand in response to changing business needs," said P.R.Venketrama Raja, vice-chairman and managing director of Ramco Systems. "Ramco VirtualWorks establishes a completely different way to build, implement and evolve enterprise applications that fundamentally improves the time, cost, quality and flexibility of solution delivery." Ramco's unique model-based approach is centered on a unique, comprehensive model of granular business processes, representing 70 different industries. These components can be combined and re-combined dynamically according to supporting rules. The architecture was developed in a technology-neutral environment, and proven on IBM, J2EE and .NET platforms, making it "future- proof" for customers' technical environments. Ramco VirtualWorks enables the company's two core offerings: Ramco Enterprise Series(TM), next-generation application suites; and Ramco Enterprise Custom Solutions(TM), custom development services through its "collaborative development centers" which are designed to meet individual customer's exact requirements. In addition, VirtualWorks is used to form "composite" applications -- integrating a customer's existing third-party applications with VirtualWorks business components to create seamless business processes. Ramco VirtualWorks serves as the platform of Ramco Enterprise Series, the company's next-generation of enterprise applications. Based on a comprehensive model of business processes and rules, the Ramco Enterprise Series application suites have been tailored to meet the specific vertical industry requirements for process manufacturing, discrete manufacturing, asset-intensive industries and aviation; horizontal solutions in human resources and business intelligence; and back-office solutions for finance and distribution. To develop custom solutions for a company's unique requirements, Ramco Custom Solutions offering uses VirtualWorks to generate 80% of the new application code automatically from the model and route the additional 20% of the coding to development personnel. Because the architecture is entirely web-based, the coding requirements can easily be routed to Ramco's offshore development site. The result is an extremely cost-effective, tailored, company-specific solution that can also integrate other systems. In addition, companies can integrate other applications from providers such as SAP and Siebel or legacy systems and "fill the gaps" in their existing applications portfolio with Ramco's solutions. Ramco VirtualWorks is architected as business processes that are dynamically linked to the supporting software components. This not only provides superior software functionality, but also integrates other applications (both technically and from a business process management perspective) into a single business process supported by the resulting "composite" application. In a recent AMR Research Alert dated December 11, 2002, John Bermudez, senior vice president, wrote: "The application framework approach distinguishes Ramco Systems; the company has the critical attributes of a long-term winner: patience, conviction, and vision." The introduction of the Ramco System's groundbreaking architecture and applications represents an investment of 1,500 person-years. Ramco's solutions address the need for companies to change and continuously align their enterprise solutions over time in response to changing business issues. Ramco VirtualWorks' model-based design gives business analysts the control and ability to quickly visualize, identify and alter the way the application behaves on a functional level, and then automates a controlled implementation of that change. The common model ensures that all changes are well defined and traceable which provides greater control and maintainability. This allows customers to attain the benefits of tailoring the software -- without complex software code and configuration "switches" -- resulting in both increased quality and reduced cost. See related releases "Ramco Systems Delivers Next-Generation Enterprise Applications," "Ramco Systems Rolls Out Innovative Custom Solutions Service" and "Ramco Systems Penetrates US Market with Major Customer Acquisitions." About Ramco Systems Ramco Systems Limited (http://www.ramco.com), established in 1989, is a global provider of enterprise solutions that close the gap between companies' IT capabilities and business objectives. Ramco Systems' solutions include Ramco Enterprise Series, packaged application suites; Ramco Enterprise Custom Solutions, for unique customer requirements; and Ramco VirtualWorks, a groundbreaking, model-based development and delivery platform. More than 1,400 employees serve 1,000 customer sites in 70 industry segments worldwide, including Bemis, Cisco, Columbia Helicopters, Ericsson, Hyundai, MJB Woods, Philips and Swatch. Based in Chennai, India, Ramco Systems is part of the Ramco Group, one of India's most respected organizations and in business for 63 years. The company is listed on the Bombay Stock Exchange, National Stock Exchange and the Madras Stock Exchange. Ramco Systems serves more than 140 customers in the U.S. and has offices in Lawrenceville, NJ, Lisle, IL and Milipitas, CA. Ramco Systems. Where Enterprise Solutions Meet Business Reality(SM). All products mentioned are the trademarks of their respective owners.
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