HERE Technologies, a mapping and location platform services firm announced a partnership with Ramco Systems to embed location intelligence in their Logistics ERP platform.
Ramco Logistics Software is an integrated and smart platform engineered to provide an end-to-end comprehensive business solution for 3PLs, Contract Logistics, Freight Forwarders, Project Cargo, Reefer Logistics, E-Commerce Logistics and Parcel/ Express Service Providers. By embedding geo-visualization layer provided by HERE Technologies, Ramco Systems' clients will benefit from real-time view of their logistics operations using HERE Maps.
In addition, Ramco Systems will use HERE Technologies' routing APIs to compute accurate ETAs (expected time of arrival) based on historic and real-time traffic conditions, movement of hazmat materials as well as truck attributes, thus enabling improved customer satisfaction. HERE Technologies will also provide advanced algorithms around dynamic re-routing to allow for updates to routes based on changes on traffic, weather, tour or new orders.
Ramco Systems will also integrate the HERE SDK to support turn by turn navigation on the mobile device supporting driver behavior analysis and allow drivers to safely stay focused on the road and traffic conditions around them. The announcement was made before market hours today, 20 January 2021.
Ramco Systems' consolidated net profit surged 19.39% to Rs 16.93 crore on 10.03% increase in net sales to Rs 159.82 crore in Q2 September 2020 over Q1 June 2020.
Shares of Ramco Systems fell 0.80% to Rs 690.70. Ramco Systems is an enterprise software, offering cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
