Global leader of image processing chooses
Rimini Support™ and Rimini Protect™ as it explores new ERP strategy
independent of Oracle
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.
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the full release here:
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Ricoh Selects Rimini Street to Optimize
and Secure its Oracle EBS and Oracle Database Instances (Graphic:
Business Wire)
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240611454301/en/
Janet Ravin VP, Global Communications Rimini Street, Inc. +1 702
285-3532 pr@riministreet.com
Rimini Street (NASDAQ:RMNI)
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