Rimini Street
Rimini Street provides third-party enterprise software support and Agentic AI ERP automation for Oracle, SAP, and VMware licensees. The publicly traded firm (NASDAQ: RMNI) serves over 3,100 enterprise clients globally through subscription contracts that deliver up to 90% cost savings versus vendor support.
- Company typePublic
- Founded1997
- HeadquartersLas Vegas, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Rimini Street does
Rimini Street is an independent, publicly traded provider of third-party enterprise software support services for Oracle, SAP, and VMware licensees, headquartered in Las Vegas and listed on NASDAQ under ticker RMNI. The company was founded in 2005 and serves 3,102 active clients across more than 6,600 contracts globally, including large enterprises in manufacturing, telecommunications, energy, defense, and consumer goods. Its core offerings include Rimini Support (third-party maintenance with a guaranteed 10-minute response SLA), Rimini Manage (application management services), Rimini Connect (interoperability solutions such as browser migration), and the Rimini Smart Path methodology, which combines support, optimization, and innovation services to extend ERP system life without forced vendor upgrades.
The company's technology stack centers on the Rimini Agentic UX platform, built natively on ServiceNow, which deploys 20 pre-built autonomous AI workflow solutions over existing Oracle and SAP ERP systems to automate approvals, procurement, finance, and logistics processes. The platform claims 50-60% reductions in approval turnarounds and 70-80% reductions in order cycle times, with 26 active AI pilots globally and 20 production solutions launched in January 2026. Revenue is generated primarily through annual subscription-based support contracts, which represent approximately 95.6% of total revenue, supplemented by managed services, professional services, and Agentic AI Explorer Packs priced at $25,000-$50,000 per deployment. The company sells directly to enterprise buyers (CIOs and CFOs) through a field sales organization, with 11 deals exceeding $1M in total contract value closed in Q1 2026 and 50 new client logos added in the same quarter.
The business model delivers up to 90% cost savings versus vendor support, positioning Rimini Street as an attractive option for enterprises seeking to redirect maintenance budgets toward AI and digital transformation initiatives. Subscription revenue grew 1.2% YoY in Q1 2026 to $105.5M while international revenue expanded 8.3%, offsetting a 6.4% decline in US revenue. Remaining Performance Obligations of $643.6M provide ~1.5 years of revenue visibility, and the company holds $132.2M in cash against $58.4M in debt following a $10.9M voluntary prepayment in Q1 2026.
Rimini Street firmographics
Firmographics- Name
- Rimini Street
- Legal name
- Rimini Street, Inc.
- Website
- https://riministreet.com
- Company type
- Public
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Rimini Street provides third-party enterprise software support and Agentic AI ERP automation for Oracle, SAP, and VMware licensees. The publicly traded firm (NASDAQ: RMNI) serves over 3,100 enterprise clients globally through subscription contracts that deliver up to 90% cost savings versus vendor support.
- Ownership category
- akta.pro rank
Rimini Street industry classification
Industry- Product category
- Enterprise Software Support Services
- NAICS
- Computer Systems Design and Related Services (54151), Software Publishers (5132)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC)
- akta.pro secondary industries
- Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO), ITSM Platform Implementation & Administration (ServiceNow/JSM/BMC/etc.) (BPAEAJAC), Enterprise Integration, iPaaS & Middleware Services (API/EDI) (BPAEAGAH)
Keywords
Where Rimini Street is headquartered
LocationHeadquarters
- HQ city
- Las Vegas
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Rimini Street business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Enterprise Software Support Subscriptions: Rimini Street's primary revenue stream is annual subscription-based support contracts for Oracle, SAP, and VMware enterprise software. Subscriptions provide recurring support revenue and represent approximately 95.6% of total revenue. The company offers tiered support levels with guaranteed SLA response times and 24/7 access to engineers. Revenue grew 1.2% year-over-year to $105.5 million in Q1 2026, with international revenue representing 8.3% growth while US revenue declined 6.4%.
- Managed Services (Rimini Manage™): Application management and managed services fees for outsourced day-to-day ERP operations, including Oracle E-Business Suite, JD Edwards, PeopleSoft, SAP, Salesforce, and Technology platforms. These are typically bundled with support subscriptions or sold as standalone managed services contracts.
- Professional Services: One-time and project-based professional services for implementation, system migration, interoperability solutions, and optimization engagements. These services support the company's Smart Path methodology and Agentic AI deployments.
- Agentic AI ERP Solutions: New revenue stream from deploying Rimini Agentic UX Solutions powered by ServiceNow. Explorer Packs are priced between US$25,000 and US$50,000 per deployment. The company reports 26 agentic AI pilots currently running globally and is targeting long-term growth through this AI-powered solution set.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Rimini Support™ - Annual Subscription |
| Subscription | Annual | Rimini Manage™ - Application Management Services |
| Subscription | Multi-year contract | Rimini Agentic UX™ Explorer Pack |
Go-to-market motion3 records
Distribution channels1 record
Marketing channels9 records
Rimini Street product offering
Product offeringCore offering
Rimini Street provides independent third-party enterprise software support and services for Oracle, SAP, and VMware products, replacing vendor (publisher) support with a subscription-based alternative. The company also offers Agentic AI-driven ERP modernization, integration, and managed services through its proprietary Rimini Agentic UX and related platforms, targeting enterprises seeking to reduce software support costs while extending the life of their existing enterprise systems.
Product overview
Rimini Street offers a comprehensive enterprise software support and AI-driven ERP solutions portfolio centered on three core offerings: Rimini Support™ (third-party maintenance for Oracle, SAP, and VMware), Rimini Agentic UX™ (AI-powered automation layer built on ServiceNow), and Rimini Smart Path™ (a three-phase methodology combining Support, Optimize, and Innovate). The portfolio is complemented by Rimini Manage™ (application management), Rimini Consult™ (professional services), Rimini One™ (unified support), Rimini Connect (interoperability solutions), and client portal tools like Street Central™. The company positions itself as transitioning from traditional third-party support toward 'Agentic AI ERP' where autonomous AI agents orchestrate business processes on top of existing ERP systems without requiring costly vendor-mandated upgrades.
Differentiator
Problem solved
Functional benefit
Brands
- Rimini Support™: Award-winning third-party software support services for Oracle, SAP, and VMware
- Rimini Agentic UX™
- Rimini Smart Path™
- Rimini Manage™
- Rimini Consult™
- Rimini One™
- Street Central™
Products and services
- Rimini Support
- Rimini Agentic UX
- Rimini Smart Path
- Rimini Manage
- Rimini Consult
- Rimini One
Quantifiable outcome
- Up to 90% savings on annual software support costs vs. traditional vendor support
- +9 more outcomes
Companies that use Rimini Street
Customer profileNamed customers15 records
Segments7 records
Ideal customer profiles1 record
Rimini Street technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability5 records
Feature5 records
Rimini Street partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ServiceNowcoreRimini Street's flagship Agentic AI ERP platform, Rimini Agentic UX, is built on the ServiceNow platform. This strategic partnership enables Rimini Street to deploy AI-powered workflow automation solutions over existing Oracle and SAP ERP systems without requiring system migrations. The partnership targets a combined market estimated at $352 billion and enables deployments typically completed in 4-6 weeks via Explorer Packs. ServiceNow's platform serves as the foundational technology layer for Rimini Street's new AI-driven solution set.
Scale indicators15 records
Recent moves8 records
Expansion highlights5 records
Rimini Street competitors and assessment
Company assessmentDirect peers
- Spinnaker Support: Direct competitor in third-party enterprise software support for Oracle, SAP, and other enterprise platforms. Operates the same alternative-support business model as Rimini Street, targeting the same cost-conscious CIO/CFO buyers across the same installed bases.
Broad incumbents
- ServiceNow: Strategic platform partner powering Rimini Agentic UX and a broader enterprise workflow automation incumbent. Comparable because both target ERP-adjacent process automation and ITSM use cases, even though ServiceNow operates at much larger scale.
- Accenture: Global IT services incumbent with large Oracle and SAP practices serving the same enterprise CIO buyer. Comparable as a competitor for managed services, application management, and ERP modernization budgets that overlap with Rimini Manage and Rimini Consult.
- IBM: Broad enterprise IT services and software incumbent with ITSM, managed services, and Oracle/SAP-related practices. Competes with Rimini for application management and support budgets at large enterprises.
- Capgemini: Global IT services firm with significant SAP and Oracle application management practices. Competes for the same enterprise application support, managed services, and digital transformation engagements.
- Tata Consultancy Services (TCS): Large global IT services firm with established Oracle and SAP application management and AMS practices. Targets the same enterprise IT support and transformation spend that Rimini Manage and Rimini Support address.
- Infosys: Global IT services incumbent with enterprise application services for Oracle and SAP. Overlaps with Rimini's application management, support, and modernization offerings at large multinational clients.
- Wipro: Global IT services provider with Oracle and SAP AMS practices. Competes with Rimini for managed services and application support contracts across manufacturing, telecom, and consumer goods verticals.
- DXC Technology: Enterprise IT services firm with significant application management and modernization practices for legacy enterprise estates. Direct overlap with Rimini Manage and Rimini Support in supporting Oracle and SAP workloads.
- NTT Data: Global IT services firm with an established SAP practice (including former itelligence) and Oracle services capabilities. Competes for the same enterprise application support and managed services budgets as Rimini Street.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Rimini Street social profiles
Digital presenceRimini Street financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rimini Street leadership team
Management profileNumber of profiles
Profiles8 records
Rimini Street funding detail
Funding detailFunding overview
Funding rounds6 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rimini Street M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rimini Street
What does Rimini Street do?
Rimini Street provides independent third-party enterprise software support and services for Oracle, SAP, and VMware products, replacing vendor (publisher) support with a subscription-based alternative. The company also offers Agentic AI-driven ERP modernization, integration, and managed services through its proprietary Rimini Agentic UX and related platforms, targeting enterprises seeking to reduce software support costs while extending the life of their existing enterprise systems.
Is Rimini Street a public or private company?
Rimini Street is a public company. It is classified as public and is currently operating.
When was Rimini Street founded?
Rimini Street was founded in 1997. It employs 1,001 to 5,000 people.
Where is Rimini Street based?
Rimini Street is headquartered in Las Vegas, United States, in the North America region.
How does Rimini Street make money?
Four revenue lines are on record. Enterprise Software Support Subscriptions are the primary driver. The others are managed Services (Rimini Manage™), professional Services and agentic AI ERP Solutions.
Who are Rimini Street's main competitors?
Spinnaker Support is listed as a direct peer. Broad incumbents are ServiceNow, Accenture, IBM, Capgemini, Tata Consultancy Services (TCS), Infosys, Wipro, DXC Technology and NTT Data.
Does Rimini Street have an API?
No public API is recorded for Rimini Street.
What industry is Rimini Street in?
Rimini Street's product category is Enterprise Software Support Services. Its primary akta.pro industry code is BPAAACAC, Software/Application Support (SaaS, Enterprise Apps), with a secondary code of BPAEAGAO, Enterprise Application License Advisory, Vendor Management & Optimization. Its NAICS code is 54151 and its SIC code is 7370.