PETALING JAYA: Ramssol Group Bhd
has entered into a regional strategic partnership with HONO Asia Pte Ltd that will enhance the former’s business offerings across South-East Asia, focusing on artificial intelligence (AI) driven human resource management capabilities.
In a statement, Ramssol, a human capital management (HCM) solutions and technology provider, said the partnership with HONO is expected to unlock commercial value of up to US$4mil annually, projecting US$15mil over the next three years.
“HONO’s advanced generative AI technology will not only enhance Ramssol’s HCM offering but also open new revenue streams by enabling faster, more efficient integration of AI-driven HR solutions across the region.
“Integrating HONO’s generative AI capabilities will accelerate Ramssol’s deployment of AI-enabled human capital solutions, across leading, large, multi-country enterprises in South East Asia, digitising their HR operations, and enhancing their productivity.”
HONO is a growing business-to-business software as a service provider specialising in full suite generative AI-powered HCM solutions with payroll compliance.
Ramssol said the deployment of advanced human resources (HR) AI technology further aligns with its strategic acquisition of Geekstart, a Thailand-based AI company specialising in automation and data analytics, adding another layer of AI expertise to its operations.
“This collaboration represents a strategic move to accelerate Ramssol’s regional expansion and solidify its foothold in the fast-growing HR technology market.
“With more than one million users and over 300 enterprise clients across Asia Pacific and the Middle East, HONO’s established footprint and impressive client base will provide Ramssol with access to high-growth sectors, including hospitality, healthcare, manufacturing, IT services and e-commerce.”
