Rimini Street Announces Support for Oracle Agile PLM Products

Innovative energy company switches to Rimini Street support for Oracle Agile PLM products and enjoys significant savings, a premium level of service and strategic value

LAS VEGAS, September 21, 2015 Rimini Street, Inc., the leading global independent provider of enterprise software support services for SAP SE’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, Oracle Retail and Oracle Agile PLM, today announced the availability of maintenance and support services to cover Oracle Agile Product Lifecycle Management (PLM) products, and that it has already been successfully providing support services to Oracle Agile licensees.

Rimini Street Support Services for Oracle Agile Products

Oracle Agile PLM is used across a wide range of industries including aerospace and defense, automotive, consumer goods, manufacturing, and food and beverage. Licensees who switch annual support of their Oracle Agile PLM to Rimini Street can achieve up to 90 percent savings in overall support costs, including the same 50 percent savings in annual support fees that all Rimini Street clients enjoy today. Rimini Street Support for Oracle Agile PLM includes all Oracle Agile products, such as:

  • Agile Product Collaboration
  • Agile Product Quality Management
  • Agile Product Portfolio Management
  • Agile Product Cost Management
  • Agile Product Governance & Compliance

Rimini Street also supports the underlying Oracle Database for Agile PLM solutions. In addition to significant savings and innovative support program features, licensees who use Rimini Street for combined support of their Oracle Agile and Oracle or SAP applications will benefit from an integrated service offering with deeper interoperability and configuration support between the PLM product and other applications, all from a single provider.

Rimini Street Offers Award-Winning Service to Oracle Agile PLM Licensees

Bloom Energy switched its Oracle E-Business Suite (EBS) and Oracle Database products to Rimini Street support in 2014, and then expanded its Rimini Street support agreement in 2015 to include Oracle Agile PLM products. Bloom Energy is an innovative provider of breakthrough solid oxide fuel cell technology generating clean, highly efficient onsite power from multiple fuel sources. Also, with its Mission Critical Systems practice, Bloom Energy provides grid-independent power for critical loads in data centers and manufacturing.

“Selecting Rimini Street to support our Oracle EBS, Agile and Database environments was an easy decision,” remarked AJ Pradhan, director of IT, Bloom Energy. “Oracle applications are full-featured and stable and can support our business operations for many years to come. We are pleased with the benefits we are receiving from Rimini Street support, including significant savings, a premium level of service and strategic value to our business.”

With a decade-long track record of proven service delivery, recognition by top analysts and several distinguished business and innovation awards, including The Stevie® Awards and Inc. magazine’s Fastest-Growing Private Companies, Rimini Street is the industry leader in independent enterprise software support. Rimini Street’s service includes a named, local Primary Support Engineer (PSE) and account manager assigned to each client; 24x7x365 support coverage with 30-minute-or-less guaranteed response by a senior engineer; and support for all application customizations (add-ons) without any additional cost.

More than 1,100 signed clients in 90+ countries, including 120 Fortune 500 and Global 100 organizations, have selected Rimini Street to receive mission-critical support and updates needed to successfully process billions of dollars in transactions a month, while enjoying a much more responsive support model and value.

“Rimini Street is further expanding our coverage across the spectrum of mission-critical enterprise software with the addition of support services for Oracle Agile PLM software products,” said Seth Ravin, CEO, Rimini Street. “PLM software products represent an important component of the enterprise software landscape, and Rimini Street is responding to demand for a value-driven, highly-responsive and premium support offering in the marketplace. We are pleased to be working with innovative market leaders like Bloom Energy who are benefiting from a switch to Rimini Street support for their Oracle Agile, Oracle EBS and Oracle Database products.”

To learn more, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI) is 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. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 3,500 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit https://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the duration of and economic, operational and financial impacts on Rimini Street’s business of the COVID-19 pandemic, as well as the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt Rimini Street’s business or that of its current and prospective clients, changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse developments in pending litigation or in the government inquiry or any new litigation; Rimini Street’s need and ability to raise additional equity or debt financing on favorable terms and Rimini Street’s ability to generate cash flows from operations to help fund increased investment in Rimini Street’s growth initiatives; the sufficiency of Rimini Street’s cash and cash equivalents to meet its liquidity requirements; the terms and impact of Rimini Street’s outstanding 13.00% Series A Preferred Stock; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the customer adoption of Rimini Street’s recently introduced products and services, including its Application Management Services (AMS), Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products, in addition to other products and services Rimini Street expects to introduce in the near future; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of Rimini Street’s equity securities; and those risks discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on August 5, 2020 and as updated from time to time by other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

© 2020 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

Investor relations contact:

Dean Pohl

Rimini Street, Inc.

+1 925-523-7636 dpohl@riministreet.com
Media relations contact:

Janet Ravin

Rimini Street, Inc.

+1 702-285-3532 pr@riministreet.com