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Company Continues to Execute Global Investment Plan in Response to Strong Demand for Third-Party Support Services
LAS VEGAS, April 30, 2013 – Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including SAP AG (NYSE:SAP) software and Oracle Corporation’s (NASDAQ: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database and Hyperion software, today announced the appointment of industry veteran Andrew Powell as managing director, Asia-Pacific. In this role, Powell leads the continued growth and expansion of Rimini Street operations throughout the Asia-Pacific region. Powell joined Rimini Street on the 8th of April and is part of the Company’s strategic plan to expand investment in all major global markets in the coming years.
Powell has a proven track record building, growing and leading businesses in the Asia-Pacific region, including 15 years of experience helping customers drive success primarily with SAP enterprise software. In his prior role as general manager – commercial with NTT DATA Business Solutions, Powell led a business unit responsible for designing, implementing and supporting SAP solutions for medium and large companies in Australia. Previously, Powell was regional vice president at Sabre Airline Solutions based in Singapore, where Powell delivered enterprise software solutions and services to the airline industry. Prior to this role, Powell was national SAP practice manager at Data#3 Limited. As an SAP Channel Partner, Data#3 specialized in the provision of SAP solutions, including SAP licenses, services and support.
“There is exceptional demand for the benefits of third-party support in the Asia-Pacific region,” said Powell. “Just like customers in the rest of the world, Oracle and SAP customers in Asia-Pacific want more value from their annual support program and are seeking to maximize the return on current system investments without having to complete expensive upgrades just to stay supported. Rimini Street’s positive global reputation and dedication to client success are already becoming known in this region and I couldn’t be more excited to help the Asia-Pacific market realize the financial and service benefits of Rimini Street support.”
Rimini Street supports dozens of clients operating in sixteen countries throughout Asia-Pacific, including Australia, Singapore Malaysia, India, China and Japan. In total, over 600 clients have selected Rimini Street for support of their enterprise software, including 71 of the Fortune 500 and 15 of the Global 100.
The Company maintains support, operations, development and tax and regulatory update services in the Asia-Pacific region today and will be significantly increasing this investment in conjunction with the appointment of Powell and the expansion of sales operations in the region.
“We continue to see strong and growing market demand for Rimini Street support services from enterprise software customers in the Asia-Pacific region,” said Seth Ravin, Rimini Street CEO. “We are extremely pleased to have Andrew join our team and lead our next phase of investment and growth in Asia-Pacific. Andrew will be instrumental in bringing Rimini Street’s industry leading support program to the thousands of enterprise software licensees who can benefit from premium-level support services with up to 90 percent in total support cost savings over a decade.”
Rimini Street is the leading third-party 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 annual support fees. Clients can remain on their current software release without any required upgrades or migrations for at least 10 years. Hundreds of global, Fortune 500, midmarket, and public sector organizations from virtually all 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.
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