Rimini Street Expands Operations in Europe to Meet Growing Demand for Its Support Services
Company Continues Investment in Region, Opens New London Office, Achieves More Than 36 Percent Revenue Growth in EMEA
LAS VEGAS and LONDON - July 7, 2014 - Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG's (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporation's (NYSE: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion and Oracle Retail software, today formally opened its new office in London's Canary Wharf to support its continued growth in the UK and Europe. The Company has achieved continued growth and client success in EMEA, reporting annualized revenue growth of 36.2 percent for the 12 months ended March 31, 2014. The Company also reported several new clients in the Netherlands, France, the Czech Republic and Finland, further expanding its global footprint and presence in the region.
Rimini Street Opens New London Offices in Canary Wharf
Building on its growing success and momentum in the region, Rimini Street announced the opening of its newest location in London's Canary Wharf. Led by Jill Harrison, Rimini Street's managing director of Europe and Africa, the new office will support the Company's continuing growth in the region.
“EMEA is an important, growing market for Rimini Street and we are committing additional resources to expand our footprint and capabilities in the region,” said Harrison. “I am looking forward to extending Rimini Street’s market leadership position in EMEA and helping European organizations benefit from total annual software support cost savings up to 90 percent, a highly-responsive premium service offering, and an extended lifespan of at least 15 years for their current Oracle or SAP software releases.”
Oracle and SAP Licensees in EMEA Benefit from Rimini Street Support
A broad range of organizations based or operating in the region – from public sector organizations and midmarket companies to global, Fortune 500 multinationals – have made the switch to Rimini Street independent support from Oracle or SAP. To date, Rimini Street has signed more than 60 Oracle and SAP clients in EMEA.
Clients are able to redirect the substantial savings to drive more strategic business or IT initiatives that directly affect the bottom line. Additionally, Rimini Street provides clients with a 24x7x365 highly personalized service model with a named, assigned Primary Support Engineer (PSE) that reduces the need for extra maintenance resources and headcount associated with inefficient vendor support.
Rimini Street Continues Aggressive Investment in EMEA
To meet growing demand for Rimini Street’s SAP and Oracle support services in EMEA, the Company continues to invest extensively in new resources and infrastructure, as well as sales and support operations. In the last 12 months, Rimini Street has doubled the number of Europe-based support engineers.
"We continue to expand Rimini Street's presence in EMEA as a critical part of our global expansion strategy, bringing a more innovative and value-driven software support option to organizations that operate, or are based across the region," said Seth Ravin, Rimini Street CEO. "The growing demand for Rimini Street support across EMEA makes this the perfect time to continue our investment in the region."
About Rimini Street, Inc.
Rimini Street is the leading independent 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 their annual support fees. Clients can remain on their current software release without any required upgrades or migrations for at least 15 years after switching to Rimini Street. Hundreds of clients, including global, Fortune 500, midmarket, and public sector organizations from across a broad range of 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.
Rimini Street and the Rimini Street logo are trademarks of Rimini Street, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2014. All rights reserved.