Nadro Switches to Rimini Street Support for SAP S/4HANA, Business Suite 7 and HANA Database
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 Nadro, the leading distributor of pharmaceuticals and goods to more than 25,000 pharmacies across Mexico, has switched from SAP to Rimini Street Support for its full landscape of SAP S/4HANA, Business Suite 7 and HANA database software. By moving to Rimini Street’s ultra-responsive, award-winning support model, Nadro is able to reduce costs and improve the breadth, depth and responsiveness of the support it receives – all while improving operational efficiency. Nadro’s IT organization is now able to focus on strategic projects that will improve their competitive advantage in distribution and support the company’s growth.
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Nadro Switches to Rimini Street Support for SAP S/4HANA, Business Suite 7 and HANA Database (Photo: Business Wire)
Rimini Street Support Helps Accelerate Innovation
Nadro has a complex, highly-customized infrastructure running on a hybrid, integrated deployment of S/4HANA, Business Suite 7 and SAP HANA database software across the corporation and its 17 distribution centers. As part of a company-wide cost optimization initiative, Nadro’s IT department investigated various expenses within the group and the company’s SAP maintenance and support costs were immediately flagged as a candidate for further exploration. After a robust due diligence process to identify and select the best third-party support vendor with a proven mission-critical support model, Nadro made the switch to Rimini Street and is now able to accelerate its efforts on new innovation projects across its business.
“Switching to Rimini Street for support of our hybrid SAP S/4HANA, Business Suite 7 and HANA database software landscape allows Nadro to reduce IT operating costs and invest the savings to deliver innovation projects across the company, improve our operational efficiency and enhance the quality of our customer service,” said Jorge Malo, IT director, Nadro. “We are extremely happy with the level of service and support we receive from Rimini Street across our SAP software portfolio on a daily basis and have confidence that this will be a fruitful partnership for years to come.”
As with all Rimini Street clients, Nadro has an assigned Primary Support Engineer (PSE) who has an average of 15 years’ experience in SAP software and is backed by a team of functional and technical engineers, available 24/7/365. Clients also receive the Company’s industry-leading service level agreements (SLAs) with a guaranteed response time of 15 minutes for critical (P1) issues. In addition, Nadro also now receives guaranteed support from Rimini Street for its current SAP software releases for a minimum of 15 years without any required upgrades or migrations.
Rimini Street supports a wide range of SAP products, including S/4HANA, Business Suite 7 (which includes ECC6), BusinessObjects, HANA Database and the Sybase Database family of products.
“Nadro needed to focus their IT resources on digital innovation that will improve competitive advantage and support growth,” said Seth A. Ravin, Rimini Street CEO. “By transitioning to Rimini Street Support, Nadro freed up precious resources – time, people and money – to achieve their strategic goals, and they have regained control of their IT roadmap. Nadro can now plan for the future following their own roadmap and on their own terms.”
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. More than 2,000 global Fortune 500, 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. (C-RMNI)
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 forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. 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, catastrophic events that disrupt our business, 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; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the terms and impact of our 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 our recently introduced products and services, including our 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 we expect 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 discussed under the heading "Risk Factors" in Rimini Street's Annual Report on Form 10-K filed on March 16, 2020, and as updated from time to time by Rimini Street's future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and 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.
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