Ramco Systems Canada Inc., inks deal with Aveos for MRO

Ramco Systems, a leading software company focused on consulting, product and managed services, announced its seventh Aviation Series 5 Software win for its Aviation Suite. Aveos, a leading, independent, global provider of MRO services to the aviation industry, selected Ramco Canada to provide the Series 5 Aviation MRO software, including Financial and Aviation Analytics. The Series 5 Aviation Suite will automate the business processes of overhaul, component and engine maintenance, quality assurance, production, planning and control, material procurement, inventory, payments, and accounting functions, among others.

"We are very excited to have Aveos as Ramcos newest Series 5 MRO Customer. The selection by Aveos of Ramco is the 5th Series 5 Aviation Software Customer in the last quarter. The Aveos win is a testament to our continued momentum in a sector that we are deeply committed. While the world slept, we invested our resources in what is now the best in class Enterprise Maintenance & Engineering & MRO Software," said Mr. Jim Fitzgerald; President of Global Aviation Solutions, Ramco Systems.

The stock was trading at Rs.115.50, up by Rs.3.60 or 3.22%. The stock hit an intraday high of Rs.117.40 and low of Rs.106.35.

The total traded quantity was 11058 compared to 2 week average of 4458.

Source : Equity Bulls

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