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Ramco Systems bags 'multi-million' dollar deal from AP Cargo

Press Trust of India  |  Chennai 

: Software firm Systems today said it has bagged a "multi-million dollar" order from Manila-based to implement its software.

AP Cargo Logistic Network would implement the software to "streamline its freight operations countrywide," city-based Systems said in a statement here.

The partnership comes at a time when the was adopting IT solutions to ramp up its capabilities and infrastructure.

With the rise of and in the Philippines, the freight and market was expected to reach USD billion by 2023, the statement said.

System said its subsidiary bagged 40 per cent of its new order in APAC region from the in 2017-18.

"We are pleased to announce AP Cargo as our latest consumer in the logistics and shipping space. Our intelligent, mobile-friendly enterprise suite has won us the trust of customers throughout the Philippines..," Ramco Systems, CEO, said.

"This win (of bagging an order from AP Cargo) represents another milestone in our ongoing journey to strengthen our presence in ASEAN economies," he said.

As part of the agreement with AP Cargo, would implement its unified modules for transport, logistics, end-to-end HR and Payroll compliant as per the Philippines' statutory requirements.

"Ramco's unified solution will offer real-time operational visibility and better planning capabilities, enabling us to arrest revenue leakage and boost productivity to drive overall growth," AP Cargo, President and CEO, said.

"Ramco has a great track record as a logistics software provider in the Philippines and we are excited to work with them...," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 09 2018. 15:40 IST