Joint Venture29 May 2024, 11:13 pm
Ramco Systems and Ramssol Group Berhad Enter Strategic Partnership for Southeast Asia Expansion
AI Summary
Ramco Systems, through its subsidiary Ramco Systems Sdn. Bhd., Malaysia, has entered into a strategic partnership with Rams Solutions Sdn. Bhd., a subsidiary of Ramssol Group Berhad, by way of a Memorandum of Understanding. This partnership aims to expand both parties' capabilities in Southeast Asia, with Ramssol distributing, reselling, and implementing Ramco’s enterprise applications, especially the Al-ML powered Ramco Payce. The partnership is expected to redefine industry standards and capture a substantial market share in the region.
Key Highlights
- Ramco Systems and Ramssol Group Berhad enter strategic partnership for Southeast Asia expansion.
- Ramco's enterprise applications, including the Al-ML powered Ramco Payce, to be distributed, resold, and implemented by Ramssol in Southeast Asia.
- Partnership aims to expand both parties' capabilities and redefine industry standards.
- Partnership includes Malaysia, Indonesia, Thailand, Singapore, Vietnam, and the Philippines.
- Strategic partnership is expected to capture a substantial market share in the region.