Ramco Systems Launches Value Net Partner Program; Software Development Framework Unveiled

Nov 13, 2000, 00:00 ET from Ramco Systems

    LAWRENCEVILLE, N.J., Nov. 13 /PRNewswire/ -- Ramco Systems, a leading
 enterprise application solutions provider with offices worldwide, today
 announced the launch of its Ramco Value Net partner program in the U.S. As
 part of this initiative, Ramco will actively work with a variety of global
 partners to provide superior solutions for collaborative commerce.
     The mission of the Ramco Value Net partner program is to establish
 mutually beneficial relationships with best-in-class partners to provide
 comprehensive customer-centric solutions, as well as create sustainable
 competitive advantage for both partners and customers. Ramco invites
 management consultants, IT service firms, various vertical industries,
 Application Service Providers (ASPs), and innovative start-up companies, to
 participate in the launch.
     "The enterprise computing market is heading toward a new web-based
 business model called collaborative commerce," says Lakshmi Narasimhan,
 Ramco's president. "For collaborative commerce (c-commerce) to work, different
 applications, platforms and protocols must be architected and integrated in a
 never-before fashion. This calls for a very high order of business process and
 systems integration expertise, which Ramco and its Value Net partners
     The Companies that will benefit from c-commerce partnerships span a
 variety of vertical markets including financial services, telecommunications,
 healthcare, aviation, chemical, food/beverage and transportation.
     Ramco will host a series of one-day events in major cities in the United
 States, Europe and Asia early next year to launch the Ramco Value Net Partner
 Program. The events will have the theme "e-Transformation Strategies in
 Collaborative Commerce," and will feature important industry speakers and
 Gartner Group speakers, among others. The speakers will discuss the rising
 wave of c-commerce solutions and the importance of having the correct
 e-transformation strategies and frameworks to successfully move to the c-
 commerce world.
     At these events, Ramco will also unveil its business-friendly Ramco
 VirtualWorks(TM), a component-based software development framework. Ramco
 VirtualWorks makes businesses agile and enables them to adapt in a seamless
 fashion to rapid changes in technology and business models. It also
 significantly reduces total cost of ownership (TCO) for a software application
 over its life-cycle.  VirtualWorks also enables business to harness the power
 of emerging technologies for greater profitability.
     According to S. Parameswar (Param), Head of North American operations at
 Ramco Systems, "Ramco VirtualWorks enables businesses to transform their
 legacy information systems into the c-commerce environment through gradual
     Ramco is a leading provider of enterprise application solutions and
 services for the collaborative commerce market worldwide. Originally a
 division of Ramco Industries Ltd., Ramco Systems emerged as an independent
 company in 1999 and today employs over 1,300 software professionals and
 business analysts operating out of a 120,000-square feet headquarters in
 Chennai, India. With subsidiary companies in USA, Europe and Asia, Ramco
 Systems shares are listed on the Bombay Stock Exchange, Madras Stock Exchange,
 and National Stock Exchange in India. For more information visit the company's
 website: http://www.ramco.com.

SOURCE Ramco Systems