Rimini Street Launches New Solutions that Further Extend the Life and Value of Enterprise Software as a Foundation for Innovation
Company enables “Innovation by Extension” with launch of new mobility, analytics and security add-on solutions
LAS VEGAS, April 24, 2018 - Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced the first offerings in a family of solutions designed to provide improved competitive advantage to organizations with mature and valuable enterprise software investments that can be used as a foundation for innovation. Rimini Street's new solutions can enable an organization to quickly and cost-effectively modernize their current enterprise software with the latest desired features and capabilities, future-proof their technical platforms against yet-unknown technology changes, and secure their systems against a constantly evolving threat environment. Rimini Street's new solutions enable organizations to leverage their existing systems as a solid foundation for an innovative hybrid IT strategy.
“Innovation by Extension” Maximizes ROI and Accelerates Competitive Advantage
Organizations have invested significant money, labor and time in their current mission-critical enterprise software systems and want to maximize the ROI and extend the life of these investments while focusing new investments on innovations that can rapidly drive growth and competitive advantage. Rimini Street’s extensibility solutions are designed to help companies achieve these objectives by delivering cost effective, easy to deploy functional and technical capabilities to current, mature enterprise software systems, allowing CIOs to access and leverage innovation quickly without having to undertake costly, disruptive upgrades, cost-prohibitive replacements or wait potentially years for the vendor to deliver functionality that is needed now.
Rimini Street’s new family of extensibility solutions can also lay the foundation for an organizations’ hybrid IT strategy that combines existing, mature on-premise systems of record with systems of engagement that may include innovative cloud-based technologies. Innovation can be funded by savings that result from switching to Rimini Street’s award-winning support program.
Rimini Street’s first in a new family of extensibility solutions include the following:
- Rimini Street Mobility – Allows users to quickly create and distribute a mobile application in days, delivering the fastest time to value and no business disruption. All existing processes, customizations and logic are fully usable, so no software release migrations or upgrades are required.
- Rimini Street Analytics – Enables users to make better, faster decisions across the enterprise with a cost-effective, quick-to-deploy and easy to implement self-service business intelligence platform. Users can connect and analyze data from multiple sources to create their own custom reports and dashboards on the fly.
- Rimini Street Advanced Database Security - A next-generation security solution that identifies and intercepts attempted exploits of database vulnerabilities before they reach their target, without requiring any changes to the database code. Rimini Street Advanced Database Security was launched in 2017.
“Customers in today’s IT landscape want to achieve more value out of their current enterprise software platform and seek options that help them modernize their platforms without the hassles of expensive and endless upgrades. Leaders also seek agility and a competitive advantage in achieving corporate goals. This new standard of software support helps them to achieve these goals, and allows customers to fully maximize their enterprise software investments with the very best ROI,” said R ‘Ray’ Wang, Principal Analyst and CEO of Constellation Research.
Mobility Solution Provides Business Agility and Quick Wins
Most organizations have business demand for mobilizing functions across the enterprise to support their digital transformation efforts, but are held back by the cost, time and effort required to develop and launch new mobile applications. In addition, many mobile solutions involve customized code which is not supported by the software vendor.
Rimini Street Mobility addresses these challenges by providing a best-of-breed mobility framework that is designed to allow end-users to quickly and easily create their own mobile capabilities. Rimini Street Mobility can lower the cost of mobilizing enterprise applications, and can reduce the time to develop and deliver new applications from potentially months to just days, delivering quick wins to the organization.
Cost Effective, Actionable Data Intelligence
Organizations are increasingly turning to analytics software to support the needs of their departmental end-users to have actionable data intelligence at their fingertips in real time. Their users require ease of use, compatibility with all their devices and the ability to simplify the data for reporting purposes. However, current options available from the enterprise software vendors can be expensive to license and time-consuming to implement, and often limited to a single data source. Rimini Street Analytics provides organizations and their end-users the ability to cost-effectively procure and rapidly install and access a business intelligence solution that lets them pull data from multiple data sources including enterprise applications, databases or cloud solutions.
Rimini Street Advanced Database Security
Also part of the extensibility solutions portfolio is Rimini Street Advanced Database Security. Launched in 2017 and available for Oracle, SAP, IBM and Microsoft databases under support contracts with Rimini Street, the product is a next-generation database security solution that protects databases from known and unknown vulnerabilities, faster and less expensive than traditional vendor security patches, through the use of modern virtual patching. The solution blocks attempted attacks before they reach the database without the need for regression testing or impacting production systems.
Rimini Street plans to continue to advance the scope and breadth of its extensibility solutions over time. In addition, the Company offers a deep portfolio of technical services which enable clients to further future-proof existing systems by addressing interoperability issues and avoid unnecessary upgrades of hardware, operating systems, databases, middleware and browsers.
“Rimini Street has been our trusted enterprise software support provider for more than eight years, and during this time we have not only received high quality, ultra-responsive support for our core platform, but have also saved significant budget in our total maintenance costs each and every year. But Rimini Street isn’t content to just resolve break/fix issues,” said Eric Robinson, CIO of Color Spot. “They added a new dimension by offering solutions which can quickly extend our ERP with needed mobility and analytics capabilities all without a costly upgrade. We look forward to exploring these new capabilities as we continue to modernize our operations and gain competitive edge.”
"Clients are looking for simple, affordable and streamlined solutions that work securely across their enterprise application portfolio, without having to upgrade or replace their current enterprise software investment just to reap the benefits of new, modern application capabilities and technologies," said Seth A. Ravin, Rimini Street CEO. "Our solutions ensure that an organizations' existing applications are modernized, its technology is protected against future changes, and its systems protected with innovative security solutions. Existing enterprise software investments can serve for many years as the foundation for a hybrid IT strategy that delivers competitive advantage through 'Innovation by Extension' - all supported by Rimini Street's award-winning support program."
Pricing and Availability
Rimini Street offers attractive packaged pricing and annual subscription-pricing for all of the extensibility solutions. Rimini Street Mobility, Rimini Street Analytics and Rimini Street Advanced Database Security are immediately available.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products. The company has redefined enterprise software support services since 2005 with an innovative, award-winning program that enables licensees of IBM, Microsoft, Oracle, SAP and other enterprise software vendors to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for a minimum of 15 years. Over 1,560 global Fortune 500, midmarket, public sector and other organizations from a broad range of industries currently rely on Rimini Street as their trusted, third-party support provider. To learn more, please visit https://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn. (C-RMNI)
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