Seasoned Oracle and SAP sales leader to build on foundation of more than 30 clients already being served in Korea
LAS VEGAS, April 9, 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 appointment of its new country manager for South Korea, Hyungwook "Kevin" Kim. Mr. Kim will be responsible for Rimini Street's next phase of growth and development in this dynamic region, which represents the 4th largest economy in Asia as well as one of the fastest growing developed countries in the world. The Company has a local office based in Seoul's Gangnam District, and already supports more than 30 clients with operations in Korea.
Industry Leader Brings Strong Oracle and SAP Enterprise Software Experience
As Rimini Street's new country manager in South Korea, Mr. Kim will lead the Company's sales, operations and service delivery, and will execute a focused plan for the Company's expansion in the region. Mr. Kim brings more than 20 years of enterprise technology and software experience to his role at Rimini Street, including a proven track-record in sales team leadership, business development, sales strategy, and a deep focus on ensuring client success.
Mr. Kim most recently served as senior sales director for Oracle Korea, where he led a team focused on Oracle software application sales to CIOs and IT leaders. During his time at Oracle, he was also part of Oracle's Top Talent Program. Prior to Oracle, Mr. Kim spent seven years at SAP in various sales leadership roles, including global account director and sales director for SAP BusinessObjects, where he was responsible for a customer portfolio consisting of many of the leading companies in Korea. Prior to his time at SAP, Mr. Kim held several sales and sales management roles, including roles at Compaq Korea and at SAS, where he covered key vertical industries including manufacturing, CPG and retail.
"Like their counterparts around the world, South Korean companies are focused on optimizing their spending and resource allocation across IT. At the same time, CIOs need to make major investments in dynamic IT initiatives that enable business transformation and that will provide a competitive edge for growth," said Mr. Kim. "CIOs are looking for trusted technology partners like Rimini Street, with a proven track record in achieving these goals. Rimini Street is disrupting the enterprise software support market here in Korea and globally, providing its premium, ultra-responsive alternative to the software vendor's outdated, costly support model."
"Rimini Street established its presence in Korea due to strong local demand for its award-winning, ultra-responsive, comprehensive support model which saves clients up to 90% on their total maintenance costs in comparison to the software support model offered by Oracle and SAP," said Seth A. Ravin, Rimini Street CEO. "Our approach is universal in its appeal to organizations, and our more than 1,560 global clients are reaping the full benefits of a high quality support model that enables them to free up internal IT resources, maximizes the life span of their core enterprise software, and unlocks funds that can be used for growth initiatives."