Ramco Systems Limited (BSE - 532370, NSE - RAMCOSYS, MSE - RSST); a leading software company focused on consulting, products and managed services, has been witnessing significant traction for its public cloud ERP offering - Ramco OnDemand ERP in India. The company currently has over 3000 users from 300+ customer organisations on the cloud.
"SaaS in India is on a growth curve and Gartner estimates that there are over 500 user organizations that have adopted SaaS based ERP in India. ERP and CRM SaaS applications constitute approximately 60% of the Indian SaaS market share. SaaS action today is clearly in the SMB segment, while larger enterprises are in a wait-and-watch mode, due to the complex integrations in their existing applications and legacy systems..The large presence of over 85,000 SMBs in India presents significant opportunities for SaaS."
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Ramco sees Steady Growth for Cloud ERP in India
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