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
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to m...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that SD Times | BZ Media has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and commercial UAV markets.
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Building custom add-ons does not need to be limited to the ideas you see on a marketplace. In his session at 20th Cloud Expo, Sukhbir Dhillon, CEO and founder of Addteq, will go over some adventures they faced in developing integrations using Atlassian SDK and other technologies/platforms and how it has enabled development teams to experiment with newer paradigms like Serverless and newer features of Atlassian SDKs. In this presentation, you will be taken on a journey of Add-On and Integration ...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
Now that the world has connected “things,” we need to build these devices as truly intelligent in order to create instantaneous and precise results. This means you have to do as much of the processing at the point of entry as you can: at the edge. The killer use cases for IoT are becoming manifest through AI engines on edge devices. An autonomous car has this dual edge/cloud analytics model, producing precise, real-time results. In his session at @ThingsExpo, John Crupi, Vice President and Eng...
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists l...
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, provided the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” used open source attack tools that are free and available for download by anybody. Attendees learned where to find and how to operate these tools for the purpose of testing their own IT infrastructure. The...