Dell strengthens its Solution Portfolio with Ramco’s ERP

Updated 24 September 2012
Follow

Dell strengthens its Solution Portfolio with Ramco’s ERP

Dell yesterday announced its strategic alliance with Ramco Systems to deliver Ramco’s ERP-as a-service on Cloud to help midmarket businesses execute cost and operational efficiencies and accelerate revenue growth. The new offering strengthens Dell’s growing portfolio of Software-as-a-Service (Saas) solutions that help organizations manage and grow their business.
Ramco’s ERP on Cloud supports businesses with wide functionalities across various industry segments, including production planning, asset management, and analytics along with regular corporate functionalities of HR, supply chain management (SCM), customer relationship management
(CRM), and financial management. The solution is designed to ensure quick adoption and time-to-value.
The Ramco ERP-as-a-service on Cloud solution allows midmarket enterprises ease of adopting evergreen, feature rich business applications with significant cost and management advantages.
Additionally, the solution offers customers unique features like tools for personalizing applications to suit their requirements, architecture enabling coexistence and integration with other business
applications, and compatibility on various mobility platforms.
“Ramco has strong expertise and a successful track record of delivering ERP-as-a-service on Cloud for the midmarket, particularly in emerging markets like India and the Middle East,” said Suresh
Vaswani, EVP and global head, applications and BPO, Dell Services and chairman, Dell India. “This partnership resonates with Dell’s focus and strategy to create solutions for scale using our midmarket design philosophy and reiterates our commitment to our midmarket customers globally.”
Ramco’s Vice Chairman & MD P.R. Venketrama Raja said: “We are very excited about this partnership with Dell. It will help us leverage our strong positioning in the enterprise segment for midmarket segments globally. Our solution has been architected on next-generation platforms and leverages latest technology trends. We are confident that its proliferation and adoption will significantly increase with this partnership with Dell.”
Virender Aggarwal, CEO, Ramco Systems, said: “Cloud is revolutionizing the way businesses are run globally. At Ramco, we have been investing in building futuristic technologies that will enable
easy, yet feature rich and effective adoption of business applications. This alliance between Dell and Ramco will help us extend compelling and comprehensive value to our businesses globally.”
“Dell is committed to delivering next-generation solutions to our customers and this partnership significantly strengthens our next-generation applications portfolio. Adding Ramco’s ERP on Cloud to
our existing capabilities will help us deliver a completely integrated enterprise-class solution to our customers”, said Raman Sapra, executive director, strategy and M&A, Applications & BPO, Dell Services.


Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Updated 27 sec ago
Follow

Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Al-Saedan Real Estate Company of Saudi Arabia, in collaboration with Serpentine Lake Capital of the UK and SGI Real Estate of Canada, have announced the establishment of a joint development and investment platform under the name SL Property. The platform will develop commercial, residential, and hospitality projects, alongside infrastructure and data center projects, across the Kingdom. It reflects the growing international interest in Saudi Arabia’s real estate and digital infrastructure markets and supports the development of high-quality, long-term assets within the Kingdom.

The agreement signing ceremony was held under the patronage of Minister of Municipal, Rural Affairs and Housing and Chairman of the Real Estate General Authority Majid bin Abdullah Al-Hogail, as part of the Future of Real Estate Forum, in which Al-Saedan Real Estate participated as a strategic sponsor. The ceremony was attended by Dr. Badr bin Ibrahim bin Saedan, chairman of the board of Al-Saedan Real Estate; Ahmed bin Ibrahim bin Saedan, vice chairman of the board of Al-Saedan Real Estate; Ben Mikola, representative of Serpentine Lake Capital and SL Property; and Hassan Al-Shawwa, representative of SGI Canada.

The attendance reflects the strategic importance of the initiative and the continued support of the authority in facilitating the attraction of high-quality international investments into the Kingdom’s real estate and digital infrastructure sectors.

This development follows the issuance of the Regulation on Real Estate Ownership by Non-Saudis in Saudi Arabia, which came into effect in January. The updated regulatory framework is expected to expand access to international investment, facilitate foreign investor participation in strategic sectors, and increase the depth of institutional capital flowing into the real estate, infrastructure, and data center sectors in the Kingdom.

The platform is targeting initial joint investments of SR1.5 billion ($400 million) in partnership with Al-SaedanReal Estate, representing the first phase of a broader, multi-stage investment program. In its initial phase, SL Property — Al-Saedan intends to invest in six to eight projects across real estate, infrastructure, and data centers, with additional opportunities anticipated as the platform’s activities expand in the future.

The initial projects will be concentrated in Riyadh and Jeddah, and will include mixed-use developments, commercial assets, residential projects, and infrastructure related to data centers. These projects are designed to be scalable, sustainable, and aligned with national development priorities, including housing expansion, enhancement of urban quality of life, hospitality sector growth, and strengthening the Kingdom’s digital services capabilities.

Al-Saedan Real Estate is one of the oldest private real estate development companies in Saudi Arabia, with more than 80 years of operational experience and a strong track record that includes the development of seven major integrated urban communities, in addition to numerous commercial, hospitality, and associated infrastructure projects.

The SL Property platform will serve as a dedicated investment vehicle for this initiative, with Serpentine Lake Capital contributing its asset management expertise, and SGI Real Estate providing its specialized real estate sector experience. The platform’s structure is intended to combine local development capabilities with disciplined international investment practices and robust governance standards.

This initiative aligns with the Kingdom’s economic diversification objectives and reflects growing confidence in the updated regulatory framework governing the real estate and digital infrastructure sectors. As the platform evolves, it is expected to provide both local and international investors with access to high-quality investment opportunities across the real estate and data center sectors throughout the Kingdom.

Dr. Badr bin Ibrahim said: “At Al-Saedan, we are pleased to be among the first beneficiaries of the promising new foreign investment system. Following our success in raising several local investment funds, we look forward to expanding our expertise and partnerships at a global level.”

Mikola added: “We are pleased to partner with Al-Saedan, whose strong track record provides a solid foundation for this collaboration. As the platform develops, we expect to explore opportunities to expand into real estate and infrastructure projects within the Kingdom of Saudi Arabia and beyond. The Kingdom represents a fast-growing market driven by clear structural factors, and we look forward to developing high-potential opportunities through a disciplined and focused approach.”