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India’s Ramco ventures into Indonesian market

Veronica C. Silva | Sept. 28, 2012
Ramco and Indonesian partner Multipolar Technology to offer cloud-based ERP

India's ERP provider Ramco has recently forged a partnership with an Indonesian IT systems integrator as part of its efforts to expand in the Asia Pacific region.

Through Indonesia's Multipolar Technology, Ramco Systems will offer ERP on the public cloud to Indonesia enterprises. Ramco said it has already been working with some Indonesia-based enterprises but working with Multipolar Technology will further expand its reach to more enterprises.

Multipolar Technology (MLPT) is a wholly owned subsidiary of publicly listed Multipolar Tbk (MLPL), which is a diversified investment holding company.

Harijono Suwarno, president director, Multipolar Technology, said its partnership with Ramco allows them to "tap into the growing market for cloud-based offerings in Indonesia."

Ramco and Mutlipolar Technology have reason to be optimistic of opportunities in the region. Their joint statement cited an IDC report indicating that public IT cloud services in the AP region except Japan (APEJ) is expected to grow nearly threefold by 2015 to US$16.1 million.

The size of the Indonesia Internet market - estimated at 55 million users in March 2012 - is another reason to be optimistic. Indonesia is in the top 10 countries worldwide for the number of Internet users.

Mature market

Indonesia is a mature and high potential market in the Asia Pacific region, and Multipolar is a well-recognised player. We are confident that this partnership will give us the right impetus for growth in the region," said Virender Aggarwal, CEO, Ramco Systems.

Ramco also expressed confidence of bringing its ERP cloud model to the rest of the AP region because it has been proven in their home country.

Ramco said its ERP on Cloud offering is cost-effective since there is no need for enterprises to invest in IT resources to be able to automate and integrate all their business functions and processes.

Customers can opt to subscribe to the full ERP suite or select modules or process depending on their requirements.

"Multipolar and Ramco will work towards promoting the benefits of cloud technology and the advantages of moving enterprise applications on the cloud," the joint statement read.

 

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