Welcome!

News Feed Item

Rimini Street Signs More Than 100 SAP Clients To Date, Announces 64-Percent Increase in SAP Support Revenues

SAPPHIRE NOW 2014 Conference -- Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG’s (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporation’s (NYSE: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion and Oracle Retail software, today announced continued year-over-year growth and client success for its SAP support product line. Annual revenue for Rimini Street support for SAP applications increased by 64.4 percent for the 12-month period ending March 31, 2014, compared to the prior 12 months, with more than 100 total clients to date who have switched from SAP to Rimini Street support. Beyond the significant cost savings achieved by switching to Rimini Street, including up to 90 percent on total support costs over a decade and an immediate 50 percent reduction of annual support fees, SAP licensees are choosing Rimini Street to enable their IT Innovation strategy.

Rimini Street Helps SAP Licensees Drive Innovation Now

Successful IT landscapes are transforming from large, integrated single-vendor product suites to a hybrid IT landscape of core transaction “systems of record” integrated with best-of-breed software applications, and include a combination of on-premise and cloud application delivery models. Rimini Street provides comprehensive support for mission-critical SAP core transaction systems while enabling clients to flexibly and cost-effectively integrate cloud solutions into their current SAP landscape.

Southco Adopts Hybrid IT Landscape with Help from Rimini Street

When leading international manufacturer Southco switched from SAP to Rimini Street independent support in 2009, it immediately cut its second-highest IT expense in half. Since then, the company has completed successful rollouts in many countries as part of its strategic SAP global expansion efforts while using Rimini Street for support of its SAP ECC 6.0 system.

Southco redirected a portion of its substantial annual maintenance cost savings from using Rimini Street to purchase new licenses from Salesforce.com and SuccessFactors to address its global CRM and HCM infrastructure needs in the cloud. Rimini Street provided support for Southco’s SAP applications through the transition and continued with support for the company’s remaining extensive SAP landscape as part of its Rimini Street Cloud Services offering.

“With the independent support we received from Rimini Street, Southco was able to invest in cloud-based solutions like Salesforce.com and SuccessFactors while keeping our IT budget flat,” said Patrik Larsson, Manager of SAP Global Support at Southco. “This has enabled Southco to adopt cloud solutions in conjunction with our existing SAP system in a hybrid model that best suits our business-driven innovation needs.”

Color Spot Expands SAP Footprint While Supported by Rimini Street

Color Spot Nurseries, a leading specialty horticulture producer and distributor, switched from SAP support to Rimini Street support for its SAP system in 2010. The company was able to improve its support, cut its annual vendor maintenance costs down from 20 percent to only nine percent of the total IT budget, and more than double their discretionary IT budget. Since then, Color Spot has purchased and deployed new SAP licenses to keep up with its aggressive growth strategy and relied on Rimini Street for support of its expanding SAP footprint.

By choosing independent support, Color Spot realized additional benefits, including an assigned Primary Support Engineer (PSE) available 24x7x365 that eliminates the need for extra maintenance resources and headcount; responsive support with a guaranteed response time of 30 minutes or less; and premium-level services, including support for customizations at no additional cost. Adding to their significant cost savings, Color Spot also was able to avoid a costly and unnecessary forced upgrade for the sake of staying supported, as well as guaranteed support for a minimum of 15 years for existing releases without required upgrades.

“With independent support, Color Spot is in the driver’s seat when it comes to our SAP software roadmap,” said Eric Robinson, Color Spot CIO. “Beyond the substantial cost savings and great improvement in service levels, my team is now helping drive bottom line growth by redirecting our annual software maintenance cost savings and freed up resources towards critical new solutions for our business teams.”

Rimini Street Helps SAP Licensees Worldwide Drive Innovation

Rimini Street began providing independent support for SAP more than four years ago. Since then, more than 100 licensees, including Fortune 500 and Fortune 100 companies, across a wide range of industries and with operations in over 70 countries have switched from SAP to Rimini Street for independent support of their SAP systems. In addition to achieving significant savings, many SAP licensees who switched to Rimini Street Support have funded innovative projects and business initiatives that drive competitive edge, while gaining improved, premium service features, including support for customizations at no additional cost.

“More than 100 companies from around the world, ranging from Fortune 500 to midmarket companies, have already made the switch to Rimini Street for support of their complex, mission-critical SAP systems,” said Seth Ravin, Rimini Street CEO. “And like Color Spot and Southco, these savvy companies are using Rimini Street independent support to maximize the value of their SAP software maintenance dollars and reallocate IT budgets and resources to fund innovation in strategic areas of the business.”

About Rimini Street, Inc.

Rimini Street is the leading independent provider of enterprise software support services. The company is redefining enterprise support services with an innovative, award-winning program that enables Oracle and SAP licensees to save up to 90 percent on total support costs over a decade, including saving 50 percent on their annual support fees. Clients can remain on their current software release without any required upgrades or migrations for at least 15 years after switching to Rimini Street. Hundreds of clients, including global, Fortune 500, midmarket, and public sector organizations from across a broad range of industries have selected Rimini Street as their trusted, independent support provider. To learn more, please visit www.riministreet.com or call within the USA 888-870-9692 or internationally +1 702-839-9671.

Rimini Street and the Rimini Street logo are trademarks of Rimini Street, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2014. All rights reserved.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Transformation Abstract Encryption and privacy in the cloud is a daunting yet essential task for both security practitioners and application developers, especially as applications continue moving to the cloud at an exponential rate. What are some best practices and processes for enterprises to follow that balance both security and ease of use requirements? What technologies are available to empower enterprises with code, data and key protection from cloud providers, system administrators, inside...
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
"DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at @DevOpsSUMMIT and CloudEXPO tell the world how they can leverage this emerging disruptive trend."
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...