Ramco Systems - Diversity Marshaled Through Flexibility
P.J. Jakovljevic - December 13, 2001

Event Summary

On October 29, Ramco Systems, an Indian provider of enterprise business applications and accompanied services, announced that its ASEAN and European operations have continued to drive revenues during the second quarter of FY 2001-02. Building on their strong performances in the previous quarter, Q2 revenues in ASEAN and Europe grew by 37% and 24% respectively over the corresponding period last year. However, the company cites the general US slowdown and the tragic events of September 11 had an impact on its US revenues, which witnessed a drop of 30% over the corresponding period last year...