LAS VEGAS - Thursday, 08. December 2022
New, easy-to-deploy
suite of integration and interoperability solutions provides unique,
innovative, and economical tools for connecting browsers, operating
systems, and email used with Oracle, SAP, and other software
(BUSINESS
WIRE) -- 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, has launched Rimini Connect™, a new suite of integration and
interoperability solutions that allows for easy resolution of
continuously changing integration and interoperability requirements.
For
years, Rimini Street has provided proven and proactive integration and
interoperability solutions for its clients’ enterprise software
applications, browsers, infrastructure, and email. Three initial
solutions are now being brought together and made available in the new
Rimini Connect suite of integration and interoperability solutions. The
Rimini Connect launch follows the recent introduction of the Rimini
Protect™ suite of security solutions.
Connecting a Growing Landscape of Complex Software
Organizations
have a growing landscape of complex, mission-critical applications that
range in age, technologies, and platforms, and are highly customized.
Making matters more challenging, technology components such as hardware,
operating systems, browsers, and back-office application data
connections change frequently.
When a change in a technology
stack component causes an issue with an application, the software
application vendor’s typical response is to either do nothing, provide a
code update, require an upgrade to a new release, or sometimes even
require a complete migration to a different product to address these
integration and interoperability challenges.
Further, setting
aside the significant costs, labor, and time it could take to make such
application changes, there is a significant risk that such changes could
create interconnection issues to other applications and system issues
that ultimately lead to operating disruptions for users. This situation
is even more complex when organizations have customized applications in
their landscape.
A Need for Rimini Connect Solutions
Rimini
Street began developing visionary solutions in partnership with its
clients to insulate applications from environmental changes using
technology that acts as a “universal translator” between otherwise
incompatible technologies and code.
The response received from
early solution adopters was very positive, because they were provided
with advanced technology that enabled them to easily and continuously
re-configure their IT environment. They also benefited from smooth
integrations and interoperability without having to apply changes to
application or database code.
Rimini Connect Solutions Are Proven and Save Money
It
is time to just make things work together consistently and easily, now
and into the future, with proven Rimini Connect solutions.
Over
the past 17 years, Rimini Street has successfully resolved thousands of
compatibility issues for clients. The Company’s more than 800 engineers
worldwide have thousands of years of combined experience resolving
integration and interoperability challenges between software products in
complex environments, and also has an Advanced Technology team
specifically dedicated to resolving the most complex of these
continuously evolving challenges.
With Rimini Connect solutions,
there is no longer any need to have an application software roadmap
limited by a software vendor’s application and release compatibility
matrix that may require costly, risky, and time-consuming application
code updates, or release upgrades or migrations.
We are pleased
to now make Rimini Connect solutions generally available to all
organizations globally. The first three Rimini Connect solutions are:
Rimini Connect™ for Browsers
Rimini Connect™ for OS
Rimini Connect™ for Email
Clients Achieve Fast and Durable Results
“Many
of our clients are running these Rimini Connect solutions successfully
in production and will save millions of dollars, extensive labor, and
significant time avoiding the need for software vendor code updates,
application updates or migrations just to maintain integrations and
interoperability,” noted Desmond Whitt, vice president, Advanced
Technology Services, Rimini Street, Inc.
Officeworks, a large
every-channel retailer in Australia, was able to avoid an expensive,
business-disruptive, and complex SAP software upgrade, thanks to Rimini
Connect for Browsers.
“In the long run, Rimini Connect has
allowed us to prioritize our technology investments to drive an easy and
engaging customer experience,” noted Michael Howard, chief operating
officer, Officeworks. “This project really was a collaborative
experience with the Rimini Street team; when any implementation issues
occurred due to our unique environment, they proactively helped us look
for a solution and to troubleshoot. For us, it was about making the
transition as seamless as possible without any interruption to business,
and Rimini Street helped us achieve that.”
MilliporeSigma, a
services provider for the pharmaceutical industry providing
state-of-the-art tools, services, and expertise to perform experiments
and engineer new products under strict federal regulations, implemented
Rimini Connect for Email to meet its needs.
“Email compatibility
for us is very critical. The Rimini Connect implementation was flawless.
There was no system downtime. Our end users didn’t know that anything
happened,” noted Karen McAfee, IT-AMD senior business analyst,
MilliporeSigma. “Rimini Street has been a game changer for me and is
giving me the peace of mind knowing I have someone good and reliable to
go to for help supporting our system.”
Rimini Connect™ for Browsers
Rimini
Connect for Browsers supports one or more browsers that are
incompatible with the HTML messaging being sent by ERP (Enterprise
Resource Planning) applications. Most organizations today have multiple
desktop and mobile clients, sometimes with multiple versions operating
at the same time. Rimini Connect for Browsers resolves these challenges:
Helps “future-proof” the compatibility of current and future applications and releases
Extends the lifespan of existing enterprise applications and minimizes
change for users with a variety of current and future browsers and
versions
Does not require server portal and browsers to be changed
Does not require updates, upgrades, or migrations to application code
Does not require application regression testing
Rimini Connect™ for OS
Rimini
Connect for OS supports new versions of the operating system that may
be uncertified or incompatible with the ERP applications. To meet
evolving security and compliance standards, most organizations do not
realize they have alternatives to updating and upgrading these operating
systems. Typically, an application upgrade is also required to support
these newer operating system releases. Rimini Connect for OS resolves
these challenges:
Helps “future-proof” the compatibility of
current and future applications releases with a variety of current and
future operating systems releases
Extends the lifespan of existing enterprise applications and minimizes change for users
Manages enterprise application and operating system roadmaps independently
Enables option to upgrade operating systems
Does not require application regression testing
Rimini Connect™ for Email
Rimini
Connect for Email supports new authentication and email protocols for
seamless integration. Modern applications use email to drive workflow,
but frequently use older methods to connect to these evolving email
services. This solution allows the adoption of these new standards
without any change to application code. Rimini Connect for Email solves
these challenges:
Preserves email-based notification and authentication workflows as mail server authentication protocols evolve
Quickly resolves incompatibilities as Microsoft Exchange Online
migrates to the Open Authorization 2.0 (OAUTH2) protocol on January 1,
2023
Extends the lifespan of existing enterprise applications and minimizes change for users
Does not require updates, upgrades, or migrations to application code
Does not require application regression testing
Watch
Rimini Street CEO Seth Ravin, Rimini Street integration experts,
clients, and an industry analyst, as they discuss strategies and
solutions for the continuously evolving needs around integration and
interoperability.
For more information, please visit https://www.riministreet.com/connect.
About Rimini Street, Inc.
Rimini
Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, 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,
over 4,900 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
http://www.riministreet.com, and connect with Rimini Street on Twitter,
Facebook and LinkedIn. (IR-RMNI)
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 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, the amount and timing of repurchases, if any, under our
stock repurchase program and our ability to enhance stockholder value
through such program; the impact of our credit facility’s ongoing debt
service obligations and financial and operational covenants on our
business and related interest rate risk, including uncertainty from the
discontinuance of LIBOR and transition to any other interest rate
benchmarks; the duration of and economic, operational and financial
impacts on our business of the COVID-19 pandemic, as well as the actions
taken by governmental authorities, clients or others in response to the
pandemic; changes in the business environment in which Rimini Street
operates, including the impact of any recessionary economic trends,
including inflation, rising interest rates and changes in foreign
exchange rates, as well as general financial, economic, regulatory and
political conditions affecting the industry in which Rimini Street
operates and the industries in which our clients operate; the evolution
of the enterprise software management and support landscape facing our
clients and prospects and our ability to attract and retain clients and
further penetrate our client base; catastrophic events that disrupt our
business or that of our current and prospective clients, including
terrorism and geopolitical actions specific to an international region;
adverse developments in and costs associated with defending pending
litigation 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, including under our
credit facility; our ability to maintain an effective system of internal
control over financial reporting and our ability to remediate any
identified material weaknesses in our internal controls; changes in laws
and regulations, including changes in tax laws or unfavorable outcomes
of tax positions we take, or a failure by us to establish adequate
reserves for tax events; competitive product and pricing activity;
challenges of managing growth profitably; customer adoption of our
products and services, including our Application Management Services
(AMS) offerings, in addition to other products and services we expect to
introduce in the future; the loss of one or more members of Rimini
Street’s management team; our ability to attract and retain qualified
employees and key personnel; uncertainty as to the long-term value of
Rimini Street’s equity securities; the effects of seasonal trends on our
results of operations, including the contract renewal cycles for vendor
supplied software support and managed services; our ability to prevent
unauthorized access to our information technology systems and other
cybersecurity threats, protect the confidential information of our
employees and clients and comply with privacy and data protection
regulations; and those discussed under the headings “Risk Factors” and
“Cautionary Note About Forward-Looking Statements” in Rimini Street’s
Quarterly Report on Form 10-Q filed on November 2, 2022, 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.
© 2022 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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Contacts
Janet Ravin
Rimini Street, Inc.
+1 702 285-3532
pr@riministreet.com