| The company sees strong growth potential for its aviation solution software in India as the domestic carriers, which have placed orders for new aircraft, have to take care of basic maintenance works such as line maintenance, hangar maintenance and technical documents management though the new aircraft would be under warranty for some time. |
| Targeted at start-up and low cost airlines and MRO service providers, Ramco's aviation and MRO software has been designed to reduce overhead costs, manage inventory, increase airplane availability and improve overall business processes. |
| Addressing a press conference, Jim Fitzgerald, vice president - global aviation solutions, Ramco Systems Corporation, said that Ramco's end-to-end online MRO solutions would help enhance carriers enhance reliability, control and reduce operating costs and meet regulatory requirements. |
| He added that the software would help create, incorporate and maintain an new business processes that help airlines change and adapt and run more efficiently |
| The commercial aircraft MRO industry is expected to grow by 48 per cent in India and the annual MRO spending for IT is likely to be $700 million (Rs 3100 crore) in India, said M M T Nambi, general manager - aviation solutions, Ramco Systems. |
| The company is also planning to add over 50 professionals every year in its aviation solutions centre in Chennai, which currently employs about 230. |
| The company has been offering solutions to aviation segment over the last seven years and has about 15 customers that include Virgin Atlantic, Indian Airlines, SpiceJet, Air New Zealand's Safe Air and ConAir aviation group among others. Aviation solution contributes 25 per cent to the total revenue of enterprise solutions segment of the company. |
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