Shares of Ramco Systems Ltd. rallied 6%, reaching a day’s high of Rs 455 on 11th September, after the company announced the launch of the latest version of its Aviation Software.
According to the company, Version 6.0 of Ramco Aviation Software is designed to revolutionise Maintenance, Repair, and Overhaul (MRO) operations as well as Maintenance and Engineering (M&E) processes, using advanced technology and AI-driven features.
The software offers an integrated solution with various modules, including contracts, engineering, planning, maintenance, supply chain management, finance, ePUBS, and advanced mobility capabilities, built to address future challenges, as mentioned in the company’s stock exchange filing.
Ramco Aviation Software 6.0 introduces new features aimed at digitally transforming maintenance operations and improving the management of flight safety, materials, and commercial aspects, according to Ramco Systems.
A key feature is the Engine MRO Module, designed to optimise aviation engine maintenance with precision and efficiency, meeting the complex demands of engine MRO activities, the company added.
The new Maintenance Control Centre (MCC) Hub allows personnel to review aircraft readiness, streamlining maintenance and improving operational readiness. The Aviation Material Requirements Planning (MRP) Module optimises resource allocation and scheduling.
A graphic quote comparison tool helps organisations make informed purchasing decisions by providing valuable insights.
The Purchase Automation Framework simplifies order management with automation rules, reducing manual work and improving order accuracy.
Enhanced pricing solutions streamline billing and invoicing processes.
At 11:26 AM, the shares of Ramco Systems were trading 2.44% higher at Rs 440 on NSE.
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