Elders Switches to Rimini Street Support for its SAP Software
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, today announced that Elders, a leading agribusiness in Australia, has selected Rimini Street for support and maintenance of its SAP software. By switching to Rimini Street Support, Elders has dramatically reduced the total cost of maintenance and support fees for its SAP applications. With the savings realized, Elders will invest in technology services for its branch network – primarily based in rural Australia. Elders is also able to run its stable ERP system for a minimum of 15 years from the time it switched to Rimini Street, without being forced to upgrade their current SAP application release just to stay fully supported by the vendor.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200825005163/en/
Elders Switches to Rimini Street Support for its SAP Software (Photo: Business Wire)
Expert, Responsive Support with 24/7/365 Availability
Elders provides agriculture products and services, livestock, real estate, insurance and other advisory services to the agriculture industry in Australia, with a focus on helping customers become more successful in their agriculture business. The company operates out of 250+ branches nationwide. Elders began the search for a third-party support provider to improve its application support service levels. They chose Rimini Street as their support provider based on the Company’s reputation for ultra-responsive support, and to ensure their SAP applications are running smoothly.
“On average, we have about 400 staff using the SAP software at any one time each and every day, so response time is critical to our operations,” said Peveni Rajapakse, Head of IT at Elders. “In the short period since we made the switch, the communication with Rimini Street’s engineers, support team and account managers has been great, and we are seeing excellent response times when tickets are raised. And with the additional capacity to re-invest in IT, we can begin to look at new and interesting ways to further enhance our customer experience.”
Deliver Greater Business Value Through Innovation
With the additional capacity to re-invest in IT, Elders plans to further enhance the end user experience with digital innovation, including setting up digital support channels for their large workforce which will free up considerable time and resources for their staff.
As with all Rimini Street clients, Elders has an assigned Primary Support Engineer (PSE) who is backed by a team of technical engineers, available 24/7/365, who have an average of 15 years’ experience in the clients’ software. Clients also receive Rimini Street’s industry-leading service level agreement of 10-minute response times for critical (P1) issues, and 15-minute response times for P2 cases.
“Innovation is how organizations get and stay ahead, yet without the ability to invest in innovative toolsets and practices, the best that organizations can do is tread water,” said Emmanuelle Hose, regional general manager, Australia and New Zealand, Rimini Street. “Elders is one organization that is driving its business forward by choosing a true partner for their ERP support needs that helps them free up precious resources to focus on more strategic initiatives within their business.”
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. Over 2,100 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries rely on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.
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. All statements pertaining to Rimini Street’s expectations regarding the expected use of proceeds from the offering described in this press release constitute forward-looking statements. 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 in the prospectus supplement dated August 14, 2020 relating to the underwritten public offering of Rimini Street’s common stock that closed on August 18, 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.
Rimini Street, Inc.
+1 925 523-8414
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Trendsetting Nordics Region Dives Deeper into Data Analytics19.1.2021 10:00:00 CET | Press release
Enterprises in the Nordic countries, already ahead of other parts of Europe in the use of data analytics, continue to adopt these technologies as they grapple with the effects of the COVID-19 pandemic and look for insights that will help them grow, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2020 ISG Provider Lens™Analytics – Solutions and Service Partners report for the Nordics finds many organizations in the region continue to invest in analytics capabilities amid the pandemic. In particular, banking and retail companies are adopting new solutions to meet objectives for customer experience and to assess their product portfolios against customer needs. Manufacturers are looking to analytics to cut costs and improve quality and production time. “True to its position as a forerunner of the digital revolution, the Nordics is forging ahead with new analytics solutions to improve op
Julie Dehaene-Puype and Erik Nordkamp appointed as new regional Commercial Officers for Mundipharma19.1.2021 09:00:00 CET | Press release
FOR MEDICAL BUSINESS/INDUSTRY TRADE MEDIA ONLY The Mundipharma network of independently associated companies today announced two new appointments to their Executive Committee – Julie Dehaene-Puype as Chief Commercial Officer, Europe and Erik Nordkamp as Chief Commercial Officer, LAM (Latin America, Asia Pacific, Middle East-Africa)– both reporting into Marc Princen, Chief Executive Officer. Speaking of the appointments, Marc Princen commented, “I am delighted to welcome Julie and Erik as highly experienced pharmaceutical leaders to complete our global organisation. They join us during a pivotal year for some of our pipeline assets as we continue to increase access to healthcare for many of the world’s most challenging diseases.” Julie Dehaene-Puype is joining Mundipharma with over 20 years’ industry experience from Takeda, Merck and Schering Plough, where she has held strategic and operational roles at country, regional and global level across the US, Europe and Canada. Julie joins Mun
OpenGate Capital Signs Agreement to Sell Bois & Matériaux to Chausson Matériaux S.A.S19.1.2021 09:00:00 CET | Press release
OpenGate Capital, a global private equity firm, today announced the signing of an exclusive agreement to sell Bois & Matériaux (“B&M”), a French building products distributor, to Chausson Matériaux, a major building materials distribution company. Terms of the agreement were not disclosed, and the final sale is subject to closing conditions and works council consultation. OpenGate Capital acquired B&M in March of 2016 from Wolseley Plc, representing the firm’s second investment within Fund I. Bois & Matériaux, with headquarters in Pacé, France, is one of the leading building materials distributors in France. The business has more than 2,100 employees and operations across the northern region of France with 135 branches and two main networks: Réseau Pro and Panofrance. OpenGate Founder and CEO Andrew Nikou said, “This agreement marks an important juncture in the evolution of B&M and sets up the business for a new phase of growth. It has been great to work with the team at B&M and CEO Yv
Temenos Enterprise Pricing Offers Banks Core-Agnostic, SaaS Solution for Rapid Launch of Personalized Products and Services19.1.2021 08:45:00 CET | Press release
Temenos (SIX: TEMN), the banking software company, announces its next-generation Temenos Enterprise Pricing solution, which enables banks to design, manage and price innovative products, services and product bundles using their own and third-party products. Temenos Enterprise Pricing can be deployed on Temenos Transact or on any third-party core, helping larger banks burdened with complex, siloed legacy systems gain faster time to value as they start their modernization program. The powerful, enterprise-wide pricing engine supports hyper-personalization of products and services, and accelerates time to market for all products, increasing the bank’s profitability. Larger banks are typically operating on large legacy technology stacks often with multiple core capabilities and disparate systems or product silos. These banks are struggling to compete with fintechs and neobanks, whose agility allows them to rapidly launch differentiated products and attract new customers. Developing and tak
RIDDLE&CODE Is Partnering up With Securosys to Strengthen Its Cloud Based Token Management Platform (TMP)19.1.2021 08:08:00 CET | Press release
RIDDLE&CODE, an innovative European provider of secure infrastructure and technology, and Securosys, a leader in cybersecurity, encryption and digital identity protection, today announced a strategic partnership. The partnership includes the provision of Securosys HSMs for RIDDLE&CODE's Token Management Platform (TPM). The Token Management Platform is the next generation of RIDDLE&CODE's banking-grade digital asset management solution. Operating in a secure cloud infrastructure, it delivers scalable and flexible custodial and tokenization services to the financial, energy and metal industries in Europe. Regulatory compliance has been achieved in collaboration with the Swiss financial industry. Securosys HSMs add banking grade security features and relevant compliance processes to RIDDLE&CODE’s TMP platform. “Our Token Management Platform is now fully interoperable with Securosys HSMs, delivering an unmatched combination of versatility and security to our customers in the energy, financ
Logitech’s Q3 Sales Grow 85%, Operating Income Triples19.1.2021 03:00:00 CET | Press release
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2021. Q3 sales were $1.67 billion, up 85 percent in US dollars and 80 percent in constant currency, compared to Q3 of the prior year. Q3 GAAP operating income grew 248 percent to $448 million, compared to $129 million in the same quarter a year ago. Q3 GAAP earnings per share (EPS) grew 222 percent to $2.22, compared to $0.69 in the same quarter a year ago. Q3 non-GAAP operating income grew 214 percent to $476 million, compared to $152 million in the same quarter a year ago. Q3 non-GAAP EPS grew 192 percent to $2.45, compared to $0.84 in the same quarter a year ago. Cash flow from operations was $530 million, compared to $181 million in the same period a year ago. “This quarter’s record results demonstrate the strength of our portfolio, addressing long-term growth trends in remote work and education, video collaboration, esports, and digital content creation,” said B
SSi Canada Partners with SES Networks to Deliver New Satellite Capacity into Northern Canada18.1.2021 17:40:00 CET | Press release
Vital new satellite capacity will be delivered to Canada’s north, including all 25 communities of Nunavut, following a partnership signed between SSi Canada, the developer-operator of QINIQ broadband and SSi Mobile services in Nunavut, and SES Networks, the leader in global content connectivity solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210118005410/en/ SSi Canada Partners with SES Networks to Deliver New Satellite Capacity into Northern Canada (Photo: Business Wire) This partnership comes at a critical time for Nunavut, with the COVID-19 crisis having led to an unprecedented need for reliable internet and mobile communications services as Nunavummiut move increasingly to study, work, and shop online and at home. With growing demand for QINIQ broadband and SSi Mobile services, all 25 communities in Nunavut - and elsewhere in Northern Canada - will benefit from SSi Canada’s multi-year agreement with SES Network
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom