Rimini Street Expands APAC Investment to South Korea and Appoints IT Industry Veteran to Lead New Operations
16.8.2016 21:00 | Business Wire
Rimini Street, Inc., the leading global independent provider of enterprise software support services for SAP SE’s (NYSE:SAP) Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’s (NYSE:ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail and Oracle Agile PLM software, today announced its expanded investment and presence in the APAC region with the launch of its local operations in South Korea. Rimini Street also announced the appointment of Sangyoul Kim as country manager, South Korea. In this newly created role, Mr. Kim is responsible for leading the growth and development in the region, which represents the twelfth largest economy in the world and a large market opportunity for the Company. Rimini Street’s expansion to South Korea is driven by strong local demand for its award-winning, premium enterprise software support that delivers a comprehensive, hyper-responsive, support alternative as compared to expensive Oracle and SAP vendor maintenance. Rimini Street’s investment in South Korea builds on the Company’s accelerating growth trajectory in the APAC region that includes a 90% increase in APAC revenue for the 12-month period ending June 30, 2016, compared with the prior 12-month period. Rimini Street’s support is available immediately for South Korean companies.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160816006207/en/
Sangyoul Kim, country manager for Rimini Street South Korea (Photo: Business Wire)
Strong Demand Drives Rimini Street Expansion into South Korea
South Korea is one of the most highly developed information and communications technology markets in the world and has been part of the Company’s planned growth strategy in the APAC region. The region is rapidly growing for Rimini Street, with a 117% increase in total signed clients to date for the 12-month period ending June 30, 2016, compared with the prior 12-month period.
Rimini Street has opened its local office in Gangnam District, Seoul, and already supports a fast-growing base of 25 clients with South Korean operations, including large established global brands such as NCH Corporation, Transaction Network Services and EBSCO. These enterprises benefit from significant annual savings compared to software vendor maintenance fees, and enjoy ultra-responsive support with an average engineer response time of less than five minutes for urgent cases.
New Leader Brings Enterprise Software and CIO Experience
As Rimini Street South Korea’s new country manager, Sangyoul Kim will lead the sales and delivery of Rimini Street’s award-winning premium software support service. Mr. Kim is a seasoned IT industry veteran with more than 20 years of experience in software implementation, software upgrades, consulting, outsourcing, sales, and delivery, working with many of South Korea’s leading IT and industrial companies.
Mr. Kim held management positions at EDS Korea and A.T. Kearney, and most recently served as executive vice president of ISTN, where he was responsible for IT service sales and delivery. He also served previously as executive vice president of DBCS, overseeing IT service sales and delivery and as the CIO of Hanwha Group, where he was responsible for strategic IT investments and innovation initiatives for more than 15 Hanwha affiliates. During his career, Mr. Kim has provided IT consulting services to many well-known South Korean companies including Samsung, Hyundai, LG, Lotte Group and Korea Telecom. Mr. Kim served as an officer in the ROK Army, and received M.S. and Ph.D. degrees in Industrial Engineering from Seoul National University.
“Economic challenges, increased global competition, and a need for growth are forcing South Korean companies to achieve cost reduction, enable business innovation and improve efficiencies. Accordingly, CIOs are finding it increasingly hard to justify the high cost of their SAP and Oracle enterprise software maintenance and support in comparison to the value received. IT leaders in South Korea want to invest in big data, cloud, IoT and other disruptive technologies to help their organizations drive greater growth, but are struggling to find the IT budgets required to make these important, game-changing investments,” said Mr. Kim. “This is why there is such strong demand for Rimini Street independent software support in South Korea as a solution to these challenges. Rimini Street is the global leader in independent maintenance services for more than a decade, proven at over 1,450 successful clients, including over 135 Fortune 500 and Fortune Global 100 clients. We look forward to enabling South Korean businesses to benefit from Rimini Street’s premium, hyper-responsive support model that provides support for a guaranteed minimum of 15 years without any required upgrades, and that can save clients up to 90 percent in total maintenance costs.”
“For over a decade, Rimini Street has been focused on developing and delivering the most robust and innovative independent software support program available today, and we are pleased to officially launch our local operations in South Korea, led by our new country manager, Sangyoul Kim. South Korea is the third largest economy in Asia, and is already demonstrating strong demand for our support services,” said Seth Ravin, CEO, Rimini Street. “We have helped numerous SAP and Oracle licensees around the world maximize their IT investments and realize greater innovation agility, and look forward to continuing our expansion and presence in accordance with our global business plan.”
About Rimini Street, Inc.
Rimini Street is the global leader in providing independent enterprise software support services. The company has redefined enterprise support services since 2005 with an innovative, award-winning program that enables Oracle and SAP licensees to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for a minimum of 15 years. Over 1,450 global, Fortune 500, midmarket, and public sector organizations from a broad range of industries have selected Rimini Street as their trusted, independent support provider. To learn more, please visit http://www.riministreet.com.
This press release may contain forward-looking statements. The words “believe,” “may,” “will,” “plan,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, and are based on various assumptions. If the risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Rimini Street assumes no obligation to update any forward-looking statements or information, which speak only as of the date of this press release.
Rimini Street and the Rimini Street logo are trademarks of Rimini Street, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2016. All rights reserved.
Rimini Street, Inc.
Michelle McGlocklin, +1 925-523-8414
Om Business Wire
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Watch BizWireTV: A Camera You Can Wear and Krispy Kreme’s Famous Donuts Get Eclipsed with Chocolate17.8.2017 12:08 | Pressemelding
On BizWireTV, catch some Quick Biz Hits and see the latest in Star Power. Also see what’s happening in the startup world with the Accelerator Report, featuring the VC Watch and this week’s Startup Standout. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170817005305/en/ BizWireTV is hosted by Jordyn Rolling (Photo: Business Wire Now you can watch BizWireTV, and the latest breakthroughs in tech from the biggest brands, on any screen you want by downloading the new app through the Apple TV and iPhone App Store and Google Play for Android devices. Top of the Wire Introducing FrontRow: the camera re-invented. Watch BizWireTV to see more disruptors as well as the top 5 trending stories of the week! A core c
PsiOxus Therapeutics Announce Two New Board Appointments: New Board Appointments Strengthen Company’s US Presence17.8.2017 07:00 | Pressemelding
PsiOxus Therapeutics, Ltd. (PsiOxus) today announced the appointment of Charles Rowland and Duncan Higgons to the Board of Directors as part of an ongoing drive to expand in the US. Charles Rowland was most recently the President and Chief Executive Officer (CEO) of Aurinia Pharmaceuticals, a clinical stage pharmaceutical company focused on the global lupus nephritis market. Prior to this, he served as the Vice President and Chief Financial Officer (CFO) of ViroPharma, during which time the company grew into a global biopharmaceutical business with $500 million in annual revenues until it was acquired by Shire plc for $4.2 billion. Before joining ViroPharma, Mr. Rowland was executive Vice President, CFO, and interim co-CEO, for Endo Pharmaceuticals. In his earlier career, Charles held finance and operational positions at Biovail Pharmaceuticals, Breakaway Technologies, Pharmacia
Smarsh Adds Voice Archiving Offering with Acquisition of London-Based Cognia17.8.2017 06:59 | Pressemelding
Smarsh®, providing information archiving solutions for compliance, e-discovery and risk management, has completed the acquisition of Cognia, a worldwide leader in cloud-based voice archiving, audio search and analytics. Smarsh will leverage Cognia’s intellectual property and development resources to offer its global customer base enhanced capabilities around mobile and fixed-line voice communication – alongside a market-leading range of electronic communications – within The Archiving Platform. The acquisition will expand the existing presence of Smarsh in Europe and is central to its MiFID II compliance solution for financial firms. In addition to capturing incoming and outgoing communication from fixed-line recording solutions, Cognia uniquely captures voice content directly from leading mobile carriers. Carrier-direct capture is the most reliable and automated method for capt
Schlumberger Announces Third-Quarter 2017 Results Conference Call16.8.2017 21:23 | Pressemelding
Schlumberger Limited (NYSE:SLB) will hold a conference call on October 20, 2017 to discuss the results for the third quarter ending September 30, 2017. The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 288-8967 within North America or +1 (612) 333-4911 outside of North America approximately 10 minutes prior to the start of the call, and ask for the “Schlumberger Earnings Conference Call.” A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call,
Rimini Street Named to Inc. 5000 List for Seventh Consecutive Year16.8.2017 18:20 | Pressemelding
Rimini Street, Inc., a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP products, today announced that it was named to Inc. magazine’s 36th annual Inc. 5000 list for the seventh consecutive year. The Inc. 5000 list is an exclusive ranking of the nation’s fastest-growing private companies and represents the most comprehensive look at America’s entrepreneurs. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170816005908/en/ Rimini Street has earned a place on the annual Inc. 5000 list since 2011, joining an elite group – approximately 2% – of Inc. 5000 honorees to ever achieve this milestone. (Photo: Business Wire) Rimini Street has earned a place on the annual Inc. 5000 list since 2011, joining an elite group – approximatel
Keio Plaza Hotel Tokyo Starts "Ikebana" Flower Arrangement Workshops16.8.2017 14:00 | Pressemelding
Keio Plaza Hotel Tokyo, one of Japan’s most prestigious international hotels located in Shinjuku, Tokyo, starts special 45 minute classes to teach overseas guests about “Ikebana” flower arrangement which will be held on every other Thursday beginning from August in a private room for JPY3,000 per participant. Instruction and commentary will be provided by the renowned flower arrangement artist Hiroki Maeno. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170816005431/en/ From August, 2017, Keio Plaza Hotel Tokyo starts special 45 minute classes to teach overseas guests about "Ikebana" flower arrangement workshops. (Photo: Business Wire) Flower arrangement artist Hiroki Maeno has created special and unique flower arrangements for display in the main lobby of our hotel with each cha
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom