LAS VEGAS - Tuesday, 11. June 2024
Global leader of image
processing chooses Rimini Support™ and Rimini Protect™ as it explores
new ERP strategy independent of Oracle
(BUSINESS
WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of
end-to-end enterprise software support, products and services, the
leading third-party support provider for Oracle and SAP software, and a
Salesforce and AWS partner, today announced that Ricoh Company, Ltd., a
global leader in image processing and digital transformation solutions,
has selected Rimini Support™ and Rimini Protect™ to safeguard and
optimize its existing Oracle EBS and Oracle Database environments,
ensuring operational excellence and security as it explores its
next-generation ERP strategy.
Ricoh Readies for Transformation Without Disruption
Ricoh
currently runs its transactional processes using multiple instances of
Oracle EBS and Oracle Database but has decided its long-term IT strategy
includes a transition from several Oracle products.
Ricoh turned
to Rimini Street for guidance on its approach for upholding operational
excellence and the security and protection of sensitive data during its
digital transformation.
“Since we had already decided to move
off of Oracle, our priority was maintaining and securing our current
systems, not upgrading them,” said Keisuke Hamanaka, deputy general
manager of Process, IT and Data Management at Ricoh. “We made a
comparative evaluation with other companies offering similar services
and concluded that Rimini Street is the only partner that can support
the Japanese market with the high-quality support and protection we
need, at a price that aligns with our financial goals.”
A Powerful Combination of Rimini Support™ and Rimini Protect™ Leads to Significant Cost Savings and Peace of Mind for Ricoh
Facing
the challenge of maintaining business continuity and protecting
sensitive data while planning its next ERP move, Ricoh selected a
powerful combination of Rimini Support to provide award-winning,
comprehensive software maintenance services, and Rimini Street’s
Advanced Application and Middleware Security (AAMS) for its Oracle EBS
system, and Advanced Database Security (ADS) for its Oracle Databases.
This approach provided Ricoh with real-time, zero-day vulnerability
protection without extensive downtime, backed by global engineers with a
deep bench of expertise to keep its Oracle systems running at full
speed.
“Rimini Street offers an attractive service that has saved
us hundreds of millions of yen in upgrade costs and staffs highly
skilled support engineers who can cover major ERP and database systems
and protect them too. We were able to divert resources from engaging in a
major EBS upgrade, and save several billion yen at the same time,”
Hamanaka said. “In addition to the tangible benefits of partnering with
Rimini Street, these services give Ricoh peace of mind knowing we have
dependable security around the critical data in our Oracle Databases
that back up EBS.”
Rimini Protect: Proactive, Fast and Cost Effective
With the proactive, personalized software security services and solutions of Rimini Protect™, clients benefit from:
Protection against known and unknown threats and vulnerabilities
Fast deployment of Rimini Protect updates without any required code
changes to the software being protected, minimizing implementation costs
10-minute guaranteed response time for Priority 1 critical cases
Delivery of Security Vulnerability Analysis Reports (SVARs), Rimini
Street’s intelligence reports that analyze reported security
vulnerabilities with mitigation options and strategies
“As a
trusted partner to thousands of organizations across the globe, we are
proud to deliver a unique combination of end-to-end IT solutions for
mission-critical systems that help achieve both short and long-term
business and financial goals for our clients,” said Gabe Dimeligio,
group vice president and general manager of Rimini Protect at Rimini
Street. “We empower our clients to focus their resources on projects
that strengthen their competitive stance in the market, backed by the
security, support and quality Rimini Street is known for.”
To learn more about how Ricoh continues to benefit from its partnership with Rimini Street, click HERE.
Explore
the full Rimini Street portfolio of ultra-responsive, trusted and
proven support, managed services, security, integration, observability,
professional services and Rimini ONE™ end-to-end outsourcing solutions
for SAP, Oracle and Salesforce applications to support competitive
advantage, profitability and growth.
About Rimini Street, Inc.
Rimini
Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global
provider of end-to-end enterprise software support, products and
services, the leading third-party support provider for Oracle and SAP
software and a Salesforce and AWS partner. The Company has operations
globally and offers a comprehensive family of unified solutions to run,
manage, support, customize, configure, connect, protect, monitor, and
optimize enterprise application, database, and technology software, and
enables clients to achieve better business outcomes, significantly
reduce costs and reallocate resources for innovation. To date, over
5,500 Fortune 500, Fortune Global 100, midmarket, public sector, and
other organizations from a broad range of industries have relied on
Rimini Street as their trusted enterprise software solutions provider.
To learn more, please visit riministreet.com, and connect with Rimini
Street on Twitter, Instagram, Facebook and LinkedIn. (IR-RMNI)
Forward-Looking Statements
Certain
statements included in this communication are not historical facts but
are forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally are accompanied by words such as
“anticipate,” “believe,” “continue,” “could,” “currently,” “estimate,”
“expect,” “future,” “intend,” “may,” “might,” “outlook,” “plan,”
“possible,” “potential,” “predict,” “project,” “seem,” “seek,” “should,”
“will,” “would” or other similar words, phrases or expressions. These
forward-looking statements include, but are not limited to, statements
regarding our expectations of future events, future opportunities,
global expansion and other growth initiatives and our investments in
such initiatives. These statements are based on various assumptions and
on the current expectations of management and are not predictions of
actual performance, nor are these statements of historical facts. These
statements are subject to a number of risks and uncertainties regarding
Rimini Street’s business, and actual results may differ materially.
These risks and uncertainties include, but are not limited to, adverse
developments in and costs associated with defending pending litigation
or any new litigation, including the disposition of pending motions to
appeal and any new claims; additional expenses to be incurred in order
to comply with injunctions against certain of our business practices and
the impact on future period revenue and costs; changes in the business
environment in which Rimini Street operates, including the impact of any
recessionary economic trends and changes in foreign exchange rates, as
well as general financial, economic, regulatory and political conditions
affecting the industry in which we operate and the industries in which
our clients operate; the evolution of the enterprise software management
and support landscape and our ability to attract and retain clients and
further penetrate our client base; significant competition in the
software support services industry; customer adoption of our expanded
portfolio of products and services and products and services we expect
to introduce; our ability to sustain or achieve revenue growth or
profitability, manage our cost of revenue and accurately forecast
revenue; estimates of our total addressable market and expectations of
client savings relative to use of other providers; variability of timing
in our sales cycle; risks relating to retention rates, including our
ability to accurately predict retention rates; the loss of one or more
members of our management team; our ability to attract and retain
additional qualified personnel, including sales personnel, and retain
key personnel; challenges of managing growth profitably; our need and
ability to raise additional equity or debt financing on favorable terms
and our ability to generate cash flows from operations to help fund
increased investment in our growth; risks associated with global
operations; our ability to prevent unauthorized access to our
information technology systems and other cybersecurity threats, protect
the confidential information of our employees and clients and comply
with privacy regulations; our ability to maintain an effective system of
internal control over financial reporting; our ability to maintain,
protect and enhance our brand and intellectual property; changes in laws
and regulations, including changes in tax laws or unfavorable outcomes
of tax positions we take, or a failure by us to establish adequate tax
reserves; the impact of environmental, social and governance (ESG)
matters; our credit facility’s ongoing debt service obligations and
financial and operational covenants on our business and related interest
rate risk, including uncertainty from the transition to SOFR or other
interest rate benchmarks; the sufficiency of our cash and cash
equivalents to meet our liquidity requirements; the amount and timing of
repurchases, if any, under our stock repurchase program and our ability
to enhance stockholder value through such program; uncertainty as to
the long-term value of Rimini Street’s equity securities; catastrophic
events that disrupt our business or that of our clients; and those
discussed under the heading “Risk Factors” in Rimini Street’s Quarterly
Report on Form 10-Q filed on May 2, 2024, and as updated from time to
time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly
Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by
Rimini Street with the Securities and Exchange Commission. In addition,
forward-looking statements provide Rimini Street’s expectations, plans
or forecasts of future events and views as of the date of this
communication. Rimini Street anticipates that subsequent events and
developments will cause Rimini Street’s assessments to change. However,
while Rimini Street may elect to update these forward-looking statements
at some point in the future, Rimini Street specifically disclaims any
obligation to do so, except as required by law. These forward-looking
statements should not be relied upon as representing Rimini Street’s
assessments as of any date subsequent to the date of this communication.
©
2024 Rimini Street, Inc. All rights reserved. “Rimini Street” is a
registered trademark of Rimini Street, Inc. in the United States and
other countries, and Rimini Street, the Rimini Street logo, and
combinations thereof, and other marks marked by TM are trademarks of
Rimini Street, Inc. All other trademarks remain the property of their
respective owners, and unless otherwise specified, Rimini Street claims
no affiliation, endorsement, or association with any such trademark
holder or other companies referenced herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240611454301/en/
Permalink
https://www.aetoswire.com/en/news/1106202439890
Contacts
Janet Ravin
VP, Global Communications
Rimini Street, Inc.
+1 702 285-3532
pr@riministreet.com
No comments:
Post a Comment