Rimini Street, Inc.

Rimini Street, Inc.

RMNIW
Rimini Street, Inc.US flagOther OTC
0.01
USD
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Full Time Employees
1,830
Sector
Technology
Industry
Software - Application
Address
3993 Howard Hughes Parkway Las Vegas NV United States of America 89169
Business
Rimini Street, Inc. is a global provider of enterprise software support, managed services, and innovation solutions, specializing in third-party support for Oracle, SAP, and VMware software products. Founded in 2005 and headquartered in Las Vegas, Nevada, the company offers subscription-based software support products and services that enable enterprise software licensees to optimize their IT operations, maintain regulatory compliance, and reduce costs by extending the lifecycle of their existing software. Rimini Street's solutions include comprehensive support for enterprise resource planning (ERP), database security through Rimini Protect™ for Database Security Solutions, and interoperability services via the Rimini Connect™ suite. The company also focuses on innovation with its next-generation Agentic AI ERP platform that delivers AI-driven productivity and intelligent process automation without the need for costly upgrades or migrations. In the last two years, Rimini Street has pursued significant strategic expansions, including a major partnership with ServiceNow announced in October 2024 to jointly deliver an innovative enterprise software model that integrates ServiceNow's automation and AI capabilities with Rimini Street's established software support expertise. This collaboration is designed to maximize clients' return on investment in existing ERP systems while enabling digital growth and innovation. Additionally, Rimini Street expanded its product offerings with enhancements to security and compliance features, and launched new management tools within its interoperability solutions suite. The company has also optimized its sales and client engagement organization by implementing a Hunter-Farmer sales model and expanding its global technical and industry expertise to support complex client needs. Recent partnerships include a strategic relationship with Silicon Labs to enhance long-term SAP maintenance and modernization efforts. Rimini Street operates primarily in the technology sector, serving enterprises across the Americas, Europe, and Asia, focusing on clients seeking cost-effective, high-value alternatives to vendor maintenance for their mission-critical enterprise software applications. The company supports a broad range of industries by delivering tailored software support and innovation solutions that help clients reinvest savings into future projects and maintain operational resilience. Rimini Street's growth strategy includes leveraging AI innovation, strategic alliances, and expanding its global client base while maintaining a focus on improving profitability and operational efficiency. Rimini Street is publicly traded on NASDAQ under the ticker RMNIW and continues to strengthen its market position through cutting-edge technological advancements and strategic partnerships, affirming its commitment to long-term enterprise software support and innovation leadership.