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GREE Accelerates Business-Driven IT Roadmap by Switching to Rimini Street Support for its SAP Applications

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Leading Japanese mobile internet and media service provider
leverages support maintenance savings to introduce cloud and a
next-generation security system while obtaining premium-level support

LAS VEGAS–(BUSINESS WIRE)–#BusinessDrivenRoadmapRimini
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 GREE, Inc., a leading mobile Internet and media service
provider in Japan, has switched to Rimini Street support for its SAP ECC
6.0 system. GREE has been using its SAP system for nearly six years and
was satisfied with their current mature ERP environment, however a 2025
planned end of mainstream maintenance date for ECC 6, and high
operations and maintenance costs from the vendor became an issue. As a
result of making the switch to Rimini Street, GREE now receives premium,
ultra-responsive support for its robust SAP applications for a minimum
of 15 years from the time the company transitioned to Rimini Street
support. GREE also immediately realized savings of 50 percent in annual
support fees, and the company has redirected a portion of these savings
to the implementation of cloud services and a next-generation security
system which were top IT priorities.

Planning a Business-Driven IT Roadmap with a Strategic Partner

GREE and its group of companies started using SAP in 2013 for accounting
and HR. After introducing the new system, they recognized many benefits
to expanding their ERP function globally, but over time determined that
new updates provided by SAP were not necessary for their business. After
meeting with Rimini Street, the company began researching alternative
solutions and discovered that using a third-party maintenance provider
would allow them to continue using their current applications without
spending time, money and resources on updates they didn’t need.
Ultimately, when GREE switched to Rimini Street, the company found they
had a strategic partner which not only provided a more comprehensive
support model and helped them unlock significant savings from their ERP
system, but could also help them accelerate their IT roadmap and
business strategy. The company applied their ERP maintenance savings to
several strategic initiatives, including the implementation of new cloud
services as well as a next-generation security system which was
essential to enable their mobile internet business.

“Recently, there has been an increase in awareness of third-party
maintenance services and we were able to seek advice from companies who
already leverage Rimini Street’s services, which helped us make our
decision quickly,” said Hiroshi Okada, director, Management Information
Systems Unit, GREE, Inc. “Rimini Street’s business model focuses on the
quality of service and an engineer’s support response times. As a
result, their services provide multiple benefits including
ultra-responsive, award-winning support by experienced engineers, and a
strategic partnership to help accelerate an organizations’
business-driven IT strategies for competitive advantage versus being
held captive by a vendor-dictated plan. By switching to Rimini Street,
it became possible to invest in an IT environment with the latest
technology, while maximizing the value of our current ERP system. At the
same time we have been able to plan for and fund our business
initiatives over the next five years.”

Premium Service by a Primary Support Engineer

GREE was assigned a senior level Rimini Street Primary Support Engineer
(PSE), and receives Rimini Street’s industry-leading service level
agreement (SLA) guaranteeing a 15-minute response time for Priority 1
critical cases as well as access to a team of local engineers 24/7/365
to address their support issues.

“In the past, we often needed to pay extra for inquiries with the
vendor, and despite paying separately for this service it took a long
time for the vendor to respond,” continued Okada. “However, after
switching to Rimini Street, we are able to work faster because even if a
problem occurs in the midnight, they respond quickly as we are provided
individualized support 24-hours a day, 365 days a year.”

“GREE was able to utilize their newfound IT budget, a savings realized
by reducing high maintenance costs from the vendor as well as related
costs and resource inefficiencies, to implement cloud and
next-generation security systems while maximizing the value of their
current SAP system,” said Yorio Wakisaka, general manager Japan, Rimini
Street. “As with so many of our clients, GREE is now looking ahead with
a strategic business plan, and investing in the latest IT environment.
The mobile Internet industry is advancing rapidly, and with the support
of Rimini Street, their IT team is ready to transform and innovate to
help the company maintain its competitive edge.”

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 has redefined enterprise software support services since 2005
with an innovative, award-winning program that enables licensees of IBM,
Microsoft, Oracle, Salesforce, SAP and other enterprise software vendors
to save up to 90 percent on total maintenance costs. Clients can remain
on their current software release without any required upgrades for a
minimum of 15 years. Over 1,850 global Fortune 500, midmarket, public
sector and other organizations from a broad range of industries
currently rely on Rimini Street as their trusted, third-party support
provider. To learn more, please visit http://www.riministreet.com,
follow @riministreet
on Twitter and find Rimini Street on Facebook
and LinkedIn.
(C-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, 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; the final amount and
timing of any refunds from Oracle related to our 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 success of our
recently introduced products and services, including Rimini Street
Mobility, Rimini Street Analytics, Rimini Street Advanced Database
Security, and services for Salesforce Sales Cloud and Service Cloud
products, in addition to 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 Quarterly Report on Form 10-Q filed on May
9, 2019, 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.

© 2019 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.

Contacts

Michelle McGlocklin
Rimini Street, Inc.
+1 925 523-8414
mmcglocklin@riministreet.com

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Business Wire

RiskFirst and Insight Partner to Provide Improved Investment Fund Modelling and Analytics to the UK DB Pensions Industry

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Insight will provide direct access to data for its LDI pooled funds
and credit buy-and-maintain funds through RiskFirst’s market-leading
risk management platform PFaroe.

LONDON–(BUSINESS WIRE)–Insight
Investment
, one of the world’s largest global asset management
companies, and financial technology company, RiskFirst, are joining
forces to significantly improve ease of fund modelling for the UK
defined benefit (DB) pensions market. Insight will upload data and
characteristics of its LDI pooled funds and its buy-and-maintain funds
into RiskFirst’s PFaroe modelling system, making them available for use
across RiskFirst’s UK client base of consultants and pension plans.

RiskFirst’s clients will be able to easily incorporate Insight
Investment funds – in which they may already invest or are considering
investing – in a broad range of analyses, delivering detailed
information to their fingertips and removing the need for funds to be
set up individually. At the same time, Insight will be able to provide
accurately modelled fund data directly to multiple existing and
prospective clients, reducing duplicate uploading to separate client
systems.

Simon Robinson, Head of Product Management, RiskFirst, says: “We are
pleased that the power and potential of PFaroe as an innovative and
collaborative industry platform continues to grow. By working with
Insight, we are transforming the way in which our clients can view and
analyse funds, creating a central point of access that improves
transparency, convenience and efficiency – thereby delivering
significant added value to their businesses and investment strategies.”

Joanna Howley, Head of Pooled Solutions, Insight Investment, comments:
“Providing detailed risk and cashflow data on a range of investment
funds used by mutual clients for risk hedging and cashflow management
through PFaroe allows clients to more easily check they have the optimal
investments to suit their needs. We see this creating an efficient,
effective framework for fund accessibility, modelling and analysis.”

– END –

About Insight Investment

Insight is a leading asset manager currently managing over £600bn of
assets1 on behalf of leading pension funds, sovereign wealth
funds, corporations and insurers. A key focus for Insight over the past
15 years has been to help deliver outcome-oriented investment products
to clients helping them to manage unrewarded risks such as interest
rate, inflation and increasingly cashflow risks.

Insight’s range of pooled LDI funds can be used to manage both the
inflation and interest rate risks which impact the funding level of
pension schemes. Its innovative maturing buy-and-maintain funds are used
by investors seeking to invest in credit in a manner designed to mature
to meet pre-specified cash requirements. The range of LDI and maturing
buy-and-maintain funds can be structured in a customised fashion to
reflect each client’s individual risk profile and cash requirements.

1 As at 31 March 2019. Assets under management (AUM) are
represented by the value of cash securities and other economic exposure
managed for clients. Reflects the AUM of Insight, the corporate brand
for certain companies operated by Insight Investment Management Limited
(IIML). Insight includes, among others, Insight Investment Management
(Global) Limited (IIMG), Insight Investment International Limited (IIIL)
and Insight North America LLC (INA), each of which provides asset
management services.

About RiskFirst

RiskFirst is a financial technology company providing modern
technology solutions to Asset Owners, Consultants, Insurers and Asset
Managers to help grow and improve their business. Its core product
PFaroe® is web-based, available anytime and anywhere, and allows users
to evaluate risk from multiple perspectives and perform real-time
scenario stress testing. Initially targeted to defined benefit pension
plans, it is now the market leader in the UK and the US. Over 3,000
plans with more than $1.4tn in assets are now modelled on the PFaroe
platform. RiskFirst has also recently launched a global fixed income
attribution solution, which recognises the differing objectives,
timeframes and opportunity set of each user.

For more information please go to www.riskfirst.com

Contacts

Anna Sharrock, London
+44 7811 758964

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Business Wire

Hunting H-2 Perforating System Sets Wireline Pump Down Record

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Packs higher charge performance in a shorter footprint than any
other perforating system

HOUSTON–(BUSINESS WIRE)–Hunting Energy Services, a subsidiary of Hunting PLC, the international
energy services company, today announced its H-2 Perforating SystemTM
has set a record for number of multiple-shot perforating guns pumped
down into a horizontal well on wireline.

In a recent Delaware Basin field trial with a major U.S. land operator,
the H-2 Perforating System was utilized to successfully run
45 perforating guns, each with three shots on a single plane, in
conjunction with a plug in a single run.

On previous wells before H-2 became available, the operator had to make
two separate runs to complete a stage with 45 guns due to length
restrictions. As the shortest perforating gun on the market
(7.5-inches), the H-2 system allows more than double the number of guns
per run compared to conventional perforating systems. The patent pending
H-2 Perforating System is available in 3⅛-in. outer diameter and capable
of shooting three shots on a single-plane in 4½-in. or 5½ -in. casing.

The field trials were successful with over 200 H-2 perforating guns run
on multiple wells. Stimulation performance resulting from conventional
perforating gun runs were compared to that of H-2 perforating gun runs
on the same wells. In all cases, running H-2 with EQUAfrac® consistent
hole shaped charges on the same plane resulted in equal fluid
distribution through more entry holes per stage. This method reduced the
required stimulation treatment pressure compared to stages utilizing
conventional perforating systems. Reduction in treatment pressure ranged
from 600 to 1500 psi lower when stimulating H-2 stages, providing
significant savings to the operator.

Not only is the H-2 system the shortest perforating system on the
market, it is also a completely plug and play system utilizing the H-2
charge puck and ControlFire® cartridge technology,
eliminating arming subs, wire connections, and detonating cord. This
state-of-the-art technology provides the most efficient gun loading,
arming, and assembly processes whether in the facility or in the field.

For more information, visit www.huntingplc.com.

About Hunting

Hunting PLC is an international energy services provider to the world’s
leading upstream oil and gas companies. Established in 1874, it is a
premium-listed public company traded on the London Stock Exchange. The
Company maintains a corporate office in Houston and is headquartered
in London. As well as the United Kingdom, the Company has operations
in Canada, China, Indonesia, Kenya, Mexico, Netherlands, Norway, Saudi
Arabia, Singapore, South Africa, United Arab Emirates and the United
States of America.

Contacts

John Feuerstein, Hunting, 281-442-7382, john.feuerstein@hunting-intl.com

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Business Wire

E-Commerce Explosion Will Generate US$5 Billion in Warehouse Management System Market Revenue and 57,000 New Warehouses Globally By 2025

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LONDON–(BUSINESS WIRE)–#Supplychain–By 2025, The global Warehouse Management System (WMS) market will be
worth US$5 billion, growing at a CAGR of 13.9%, finds global tech market
advisory firm, ABI Research. Over the same forecast period,
57,000 more warehouses will be in operation than in 2018. The continued
growth of the e-commerce market and rising customer expectations are
putting enormous pressure on warehouses to execute more rapid and
flexible deliveries. This is driving investment in warehouse facilities,
automation technologies, and warehouse management systems to coordinate
and optimize operations.

“The warehouse is becoming the engine room of the supply chain and is,
therefore, a focal point for investment from retailers, manufacturers,
and logistics service providers,” says Nick Finill, Principal Analyst at
ABI Research. “As the warehouse technology ecosystem becomes
increasingly complex, supply chain operators require more sophisticated
management systems that can orchestrate the high volume and variety of
intelligent, connected devices and systems within their facilities, as
well as the flow of inventory.”

As the e-commerce boom grows in and extends beyond the established
economies of China, Japan, and Korea, the Asia-Pacific will experience
the highest growth of warehouse facilities and WMS revenue, becoming the
largest market for the software by 2023. The rapid adoption of WMS is
also expected in the emerging economies of the Middle East, Africa, and
Latin America. Europe and North America will experience strong growth as
supply chain operators increase spending on upgraded software systems.

WMS spending will also vary according to industry verticals. The retail,
food and beverage, and manufacturing sectors will be responsible for the
highest growth rate as they catch up with more mature verticals, such as
logistics service providers.

AI-driven Innovation from WMS market leaders such as JDA Software, High
Jump, and Manhattan Associates is enabling substantial flexibility and
functionality in WMS and Warehouse Execution Systems (WES), an
increasingly important orchestration layer linking high-level management
with connected machines. At the device and machine level, greater
automation is creating demand for more sophisticated Warehouse Control
Systems (WCS) from major automated material handling solution providers
such as Bastian Solutions, Dematic, and Honeywell Intelligrated.

“The increasing velocity of goods through the supply chain is driving
demand for real-time decision making and optimization,” says Finill. “As
the margin for error in the warehouse decreases, AI and ML-enabled WMS
solutions are becoming imperative for warehouses that rely on speed,
efficiency, and intelligence to remain competitive.”

These findings are from ABI Research’s Intelligent
Supply Chain
market data report, This report is part of the
company’s Intelligent
Supply Chain
service, which includes research, data, and analyst
insights. Market
Data
 spreadsheets are composed of deep data, market share analysis,
and highly segmented, service-specific forecasts to provide detailed
insight where opportunities lie.

About ABI Research

ABI Research provides strategic guidance to visionaries, delivering
actionable intelligence on the transformative technologies that are
dramatically reshaping industries, economies, and workforces across the
world. ABI Research’s global team of analysts publish groundbreaking
studies often years ahead of other technology advisory firms, empowering
our clients to stay ahead of their markets and their competitors.

For more information about ABI Research’s services, contact us at
+1.516.624.2500 in the Americas, +44.203.326.0140 in Europe,
+65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contacts

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

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