RAM sees further acceleration in orders

Real Asset Management plc (RAM), the fixed asset software specialist, has today given a further update on the group’s progress following a management buyout from its Belgian parent in 2001.

RAM, which has already reported vastly improved market conditions, especially within its core markets of government and health, says that 2006 was a phenomenal year with a host of sales records broken.  

According to Karen Conneely, Group Marketing Manager, the group’s performance in recent years stems from the tough decisions made following the tech-fallout.

“Firstly, we made a conscious decision, as part of a comprehensive 5-year business development plan, to evolve from the traditional niche accounting market where we considered ourselves one of the market leaders, to offer more mainstream business application software.  I am happy to say the decision was the right one. Today, our enhanced product set, which includes new maintenance, helpdesk and inventory management modules, has extended our audience to estates, facilities and IT support departments.

“Extending our offering and catering for enterprise-wide solutions has had a huge impact on sales and we have seen the value of the average product licence rise by over 140% in the last 2 years alone,” added Conneely.

“Secondly and of equal importance,” she added, “was the group’s decision to make a significant investment in its public sector offering.   Focusing on the increased regulatory requirements, back office efficiencies and newly formed shared services, RAM has realised significant wins in both the health sector & central government. 2006 orders from the public sector have increased by 56% over 2005 and by over 130% since 2004.

“What we have achieved as a company over the last 5 years is a credit to the commitment of our staff,” concluded Conneely.  “Significantly, having just celebrated our 25th anniversary, I am delighted to report that repeat income streams have never been stronger, RAM’s investment in new products and services has never been as high and our order book going into 2007 was at a record level.”

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