Leading enterprise software and support
analyst brings extensive industry knowledge, experience and
insights to the Company and its clients
Rimini Street, Inc., (Nasdaq: RMNI), a global provider of
enterprise software products and services, and the leading
third-party support provider for Oracle and SAP software products,
today announced the appointment of Pat Phelan as vice president of
market research. In this new role, Phelan is responsible for
research across the enterprise software market, including
applications and technology strategies, software vendor support,
third-party support, IT leadership trends and IT optimization. She
also supports strategic planning, senior leadership discussions,
business development and sales execution by providing enterprise
software licensees with quantitative and qualitative strategic
insights.
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Veteran Gartner Analyst Pat Phelan Joins
Rimini Street as VP of Market Research (Photo: Business Wire)
“As a Gartner analyst, I closely followed Rimini Street since
its inception in 2005 through to its listing on Nasdaq in 2017 to
become the first and only publicly-traded third-party enterprise
software support provider. During that time, I advised hundreds of
clients who were evaluating a switch to Rimini Street support from
the mega vendors, and have always been impressed by the Company’s
vision, strategy, business model, leadership and execution,” said
Phelan. “Rimini Street’s value proposition of offering
premium-level support at up to 90% savings compared to software
vendor support, as well as offering products and services that
modernize, future-proof, secure and operate a client’s hybrid
enterprise software landscape in their own data center and the
cloud, provides a disruptive and compelling alternative to
traditional, expensive and lower-value offerings from software
vendors and other third parties.”
“Rimini Street has always been far and away the clear leader in
the third-party enterprise software support market globally, proven
by its growth and enthusiastic and highly referenceable clients.
Today, Rimini Street is bringing an even more innovative, smarter
support vision to enterprise software licensees on a broader
platform of supported products, including SaaS products like
Salesforce.com, all designed to help clients leverage IT to support
competitive advantage and growth. I wanted to be a part of
executing this exciting vision and further disrupting the
traditional enterprise software marketplace,” continued
Phelan.
Phelan brings extensive enterprise software industry
expertise to Rimini Street
Phelan has more than 37 years of packaged software application
experience in various industries, including commercial
manufacturers, service firms and government agencies. Immediately
prior to joining Rimini Street, Phelan spent 18 years with
worldwide analyst firm Gartner, where she served as research vice
president for enterprise software and ERP products, and was the
leading analyst covering third-party enterprise software support.
During her time at Gartner, Phelan provided CIOs and IT leaders
with research and advice on strategies and options for managing the
business application life-cycle and costs, and published nearly 300
research reports on numerous topics impacting the enterprise
software market. Prior to Gartner, Phelan managed the HR systems
practice at Grant Thornton, and helped build an HR systems practice
at Ernst & Young. She began her IT career at Marathon Oil
Company as a systems analyst doing custom system design.
“Pat brings a wealth of enterprise software industry knowledge,
experience and insight that will benefit the Company and our
clients as we continue to expand our portfolio of software support
and products, and we are excited to have her join us,” said Seth A.
Ravin, Rimini Street CEO.
To download Rimini Street’s recent white paper authored by Pat
Phelan, “The World of Enterprise Applications is Changing – Is It
Time to Reroute Your ERP Roadmap?” click here.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of
enterprise software products and services, and the leading
third-party support provider for Oracle and SAP software products.
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 1,620 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 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, continued inclusion in the Russell 2000 Index in the
future, 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 litigation
developments or in the government inquiry; the final amount and
timing of any refunds from Oracle related to our litigation; our
ability to raise additional equity or debt financing on favorable
terms; the terms and impact of our 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; 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, including its common
stock and its Preferred Stock; and those discussed under the
heading “Risk Factors” in Rimini Street’s Quarterly Report on 10-Q
filed on August 9, 2018, which disclosures amend and restate the
disclosures appearing under the heading “Risk Factors” in Rimini
Street’s Annual Report on Form 10-K filed on March 15, 2018, and as
updated from time to time by Rimini Street’s future 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.
© 2018 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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Rimini Street, Inc.Michelle McGlocklin, +1
925-523-8414mmcglocklin@riministreet.com
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