Street Wise Newsletter

June 2014

Q1 2014 Results
Rimini Street recently announced its first quarter results, including net revenues of $18.5 Million, up over 40%. The Company also announced its launch of local operations and expanded software support capabilities in Japan as well as the signing of its first major client in Saudi Arabia.
> Read Press Release

diginomica Features Video Interview with Rimini Street CEO Seth Ravin
In this video interview with industry analyst Dennis Howlett, Rimini Street CEO Seth Ravin talks about how Rimini Street clients are not only saving significant dollars, but also better positioning themselves to transform the business value of IT. As a catalyst for change, Rimini Street helps many CIOs drive innovations within their organizations that provide competitive advantage and enable them to impact their bottom lines.
> View video part 1
> View video part 2


Hybrid Is Transforming the Business Value of IT

The average CIO’s tenure is a mere 3.7 years. Why? True business value doesn’t come from just keeping the lights on — it comes from driving innovation. But too many CIOs have their hands tied just running current operations and maintaining the systems they already have.

CIOs want to innovate — to transform the business value of IT — to become a more strategic partner in attaining their companies’ business goals. But too often they can’t because of budget limitations.

Good news for today’s CIOs: Rimini Street delivers savings of up to 90 percent on total support costs over a decade, including saving 50 percent on annual support fees. This enables CIOs to pursue hybrid IT strategies that can truly transform the value of IT by freeing up funds for the innovation and revenue-generating projects the business is asking for — like cloud, big data, mobile and social initiatives. Rimini Street also recently announced Cloud Services for the most popular cloud applications.

The CIOs turning to Rimini Street not only keep up with their business, but are the ones out in front leading the way.

— David Rowe, SVP & CMO

Rimini Street Cloud Services: Helping Clients Embrace Hybrid IT
One way we’re enabling clients to transform the business value of IT is with Rimini Street Cloud Services, a new offering designed to help Oracle and SAP licensees integrate cloud applications into a hybrid IT landscape. Our first two Cloud Support Packages — for clients migrating their CRM and HCM systems partially or fully to and Workday — are now available.
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Rimini Street Technology Support Services: Helping Clients Extend the Life Span of Oracle and SAP Releases
Adopting a hybrid IT strategy requires the confidence to run current core ERP into the future. Rimini Street Technology Support Services (TSS) helps clients future-proof their enterprise software releases from challenges caused by ever-changing infrastructure and IT landscape components. TSS proactively positions clients to adopt innovative new technologies integrated with their stable core ERP platforms. TSS also provides strategic advisory services and proof-of-concept solutions across the entire software development life cycle and the total technical stack.
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Webinar: The Secret to Funding Business Innovations through Dramatic Savings in IT
In this InformationWeek webinar, American Cancer Society CIO Jay Ferro explains how ACS is driving greater innovation for its business using savings directly derived from switching to Rimini Street Support. Mr. Ferro describes how his IT group is enabling business transformation with Rimini Street’s help — for example, empowering ACS’s extremely mobile workforce with devices such as tablet computers and taking advantage of mobility data and analytics. It all adds up to technology that is making ACS’s volunteers, donors and staff more efficient and effective.
> View webinar

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