Improving IT service delivery with a reliable partner is the key to accelerating Amaggi’s expansion plan for business growth in the highly-competitive agribusiness sector
LAS VEGAS, August 11, 2022 – Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, announced that Amaggi Group, one of the largest agribusiness companies in Latin America, has chosen Rimini Street to manage its SAP footprint, including SAP environment monitoring and all software compliance services to facilitate compliance with Brazilian tax, legal and regulatory requirements, enabling the IT team to strategically focus on innovation and business growth, as well as improve operation quality and incident response time. With Rimini Street, the company now leverages a preventative maintenance model that reduces operational complexity and enables reallocation of funds into strategic investment areas, including two subsidiaries, expanding its grain storage capacity and developing its biodiesel manufacturing capabilities.
Aggressive Growth Plan to Drive Competitive Advantage
The Amaggi Group is a commodities company and the world’s largest private producer of soybeans in the world. The company operates throughout Brazil and exports to destinations in Latin America, the United States and parts of Europe, through four major business areas – Agro, Commodities, Logistics, and Operations and Energy. The company has an aggressive growth plan and is expanding its presence in several segments of the supply chain. In 2021, it received a significant investment from the International Finance Corporation (IFC), Rabobank, and Santander to invest in the expansion of its cotton production in Mato Grosso, Brazil; that production is now sustainable and comprises 100% traceable cotton.
“Choosing Rimini Street as an IT partner was a strategic move to optimize technology resources and support Amaggi’s business growth. Our constant focus on innovation is extremely critical in agribusiness, where increasing operational efficiency helps the business stay competitive. By selecting the same vendor for both managed services and support for SAP, the IT team’s performance shifted to working on things that drive the business vs. run and maintain activities. Rimini Street also provides us with monitoring of SAP applications and all aspects of compliance with legislation, including the recent transition to e-Social, Brazil’s digital bookkeeping system,” says Wagner Biasi, general manager of IT Shared Services at Amaggi.
Rimini Street is focused on managing and improving Amaggi’s entire SAP application infrastructure including finding new ways to drive automation and optimize business processes. “The alternative solution was to hire more professionals and almost double the size of the team, which would demand time and costs. Another obstacle was finding talent in a limited technology job market. Rimini Street helped us avoid the arduous hiring and talent search process and made issue resolution much more agile, reducing incident response time with their highly-qualified engineers,” comments Biasi.
With funds and resources saved from working with Rimini Street, Amaggi Group has funded business innovation initiatives including Carguero, a joint venture that works with intermediation of road freight of cargo via a digital platform and Grão Direto, a digital platform for commercialization of grains in
As Rimini Street expands its global portfolio of solutions on its road to achieving $1B in annual revenue by 2026, it is enabling clients like Amaggi to chart a smart path forward by helping them optimize, evolve and transform their technology landscape and systems as they build and execute their business of tomorrow.
“Companies with great business vision and well-defined goals such Amaggi need to put into practice their innovation initiatives, acquisitions, and greenfield projects, which raise the level of competitiveness of the sector and show how agribusiness is an area that demands evolution and a lot of technology to keep on rising,” comments Edenize Maron, group vice president and theatre general manager, Latin America, Rimini Street. “We are a strategic partner that manages Amaggi’s SAP environment and delivers the fiscal efficiency that frees up the company’s technology professionals to focus on innovation. For this to reflect on other organizations in the sector, professionals need to focus on transformation, business growth and process improvement”