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Rimini Street - Street Wise Newsletter
ISSUE 1
August 2012
Rimini Street Reports Record Second Quarter 2012 Results
Rimini Street announced record results for Q2 and posted the Company's ninth consecutive quarter of record-breaking results. Results demonstrated the strongest Q2 sales performance in Company history, including $10.5 million in Q2 revs, $53 million in sales bookings and $470 million in sales bookings backlog.
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20 Companies to watch in 2012
Rimini Street was named one of the 20 companies to watch in 2012 by CIO UK. This list is a roll-call of companies, both established market leaders and young pretenders, which are likely to make a mark in the coming 12 months.
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Welcome to the first issue of Rimini Street's newsletter, Street Wise. Here we'll bring you news and insightful analysis of industry developments, snapshots of exciting things our clients are doing, and the latest innovative services available from Rimini Street. With our clients, we are reshaping the landscape of enterprise software support. We hope that Street Wise captures some of that excitement and gives you timely information you can use.

- Dave Rowe, SVP & CMO
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73% Oracle customers upgrade to stay supported, no reported ROI
A report from Oracle Application User Group and sponsored by Oracle entitled "ERP Upgrades: What's Your Philosophy?" states that 73% cited 'end of support' as a compelling reason to upgrade their ERP suite. Dennis Howlett breaks down the report highlights here. Read More>
InformationWeek Webcast - How CIOs are Cutting Oracle and SAP Maintenance Costs by 50% with Third-Party Support
In this webcast, renowned analyst Ray Wang and Rimini Street president and COO Sebastian Grady discuss how leading companies are leveraging third-party support to take back control of their enterprise applications and reduce costs, lower business risk and fund innovation without disruption.
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Rimini Street Helps SAP Licensees Facing End of Extended Maintenance
SAP Extended Maintenance for select releases ends March 2013. However, thousands of affected licensees must notify SAP by September 30 in order to evaluate other options, including switching to third-party support from Rimini Street, or be forced to undergo an upgrade to a fully supported release or phase into customer-specific maintenance. Read More>
School District Retains Jobs with Savings from Third-Party Support, Avoids Expensive ERP Upgrade
Like public and private sector organizations across the country, Rochester City School District has faced a challenging economic climate over the past few years. For the District's Manager of Business Enterprise Applications Ramana Adibhatla, the pain was all too real: a 15 percent reduction in his IT budget. Adibhatla's made the switch to third-party support from Rimini Street, and Rochester City School District is saving more than $500,000 in annual maintenance costs. Read More>
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