Rimini Street, Inc. (RMNI) is a leading global provider of third-party enterprise software support services. The company was founded in 2005 by Seth Ravin and headquartered in Las Vegas, Nevada, United States. Rimini Street helps organizations of various sizes and industries to optimize their application management resources and significantly cut back on total maintenance costs. Its unique services have crossed international borders to serve clients in over 100 countries globally.
Rimini Street focuses on extending the life span of enterprise software systems by providing comprehensive, responsive, and high-quality support services. Its service portfolio spans across a broad spectrum of software products, including those developed by major tech titans like SAP, Oracle, Salesforce, and IBM. This includes database, applications, middleware, and infrastructure software.
The company's mission is to extend the life and value of enterprise software assets, without the need for upgrades or continual vendor investment. Rimini brings personalized service experiences to its clients, often going above and beyond the standard support offerings of original software vendors. This focus on top-notch support has made Rimini Street a preferred choice for many companies.
Rimini Street's unique approach to support breaks away from the traditional model that requires software customers to regularly upgrade their systems. Instead, it provides them with the flexibility to control the pace of their software evolution based on their business priorities and budget constraints. In doing so, Rimini Street is helping its customers to foster innovation and better growth by freeing up crucial resources typically tied to costly annual support fees and unproductive upgrade cycles.
Rimini Street's success is evident, and the company went public in 2017, now traded on the NASDAQ exchange under the ticker symbol RMNI. It's also reflected in the numerous industry awards the firm has collected over the years. These include multiple Stevie Awards for exceptional customer service and several recognitions in the American Business Awards.
Despite some legal complications with Oracle, Rimini Street has held its ground and continues to flourish. It stands poised to capitalize on the growing trend of organizations seeking to maximize the value of their current IT investments in response to the broader technological and economic shifts in the digital world. Rimini Street gives organizations a viable and cost-effective alternative to investing in expensive upgrades and new software purchases, making it an attractive proposition for enterprises globally.