Rimini Street (NASDAQ: RMNI) is an enterprise software services company that provides third-party support, managed services, and AI-powered ERP solutions as alternatives to vendor-supplied software support contracts. Revenue comes primarily from subscription-style annual support agreements, where clients pay Rimini Street instead of the original software vendor, Oracle, SAP, or VMware, for ongoing maintenance, tax and regulatory updates, and security services. The company was incorporated in Nevada in 2005, reincorporated in Delaware through a 2017 merger, and trades on the Nasdaq Global Market. Its core value proposition is replacing software vendor annual support at lower cost, with clients directed through a three-stage framework called Rimini Smart Path: Support, Optimize, and Innovate. The product portfolio spans Rimini Support, Rimini Manage, Rimini Protect, Rimini Consult, Rimini Custom, and, as of December 2025, Rimini Agentic UX, an AI-driven interface layer for enterprise workflows. The company delivers support 24/7/365 across global clients and provides tax, legal, and regulatory research covering 139 countries from more than 5,500 government sources.

Revenue model

Subscription-style annual third-party support agreements that replace software vendor maintenance contracts. Clients pay Rimini Street for ongoing ERP support, managed services, and security solutions, with the pricing model positioned to generate savings relative to original vendor support costs. Additional revenue comes from managed services (Rimini Manage), security services (Rimini Protect), consulting (Rimini Consult), and newer AI-based offerings (Rimini Agentic UX).

Products and services

Rimini Support (third-party support for Oracle, SAP, VMware, and open-source databases including MySQL, MariaDB, PostgreSQL, MongoDB); Rimini Manage (managed application services, including for Dayforce); Rimini Protect (software security suite covering applications, databases, and infrastructure); Rimini Consult (advisory and consulting services); Rimini Custom (support expanded to VMware, Blue Yonder, Nuance, Microsoft, IBM, Informatica, Tibco, and others); Rimini Agentic UX (AI-driven ERP interface layer, launched December 2025 in partnership with ServiceNow). The Rimini Smart Path framework bundles these into a three-step methodology: Support, Optimize, Innovate.

Customers and end markets

Enterprise organizations running Oracle, SAP, VMware, and other major ERP and enterprise software platforms that seek to reduce software support costs and avoid vendor-mandated upgrades or cloud migrations. End markets include both commercial enterprises and government entities or agencies. The company targets IT and business leaders looking to reallocate software maintenance budgets toward transformation and AI initiatives.

Value-chain role

Third-party software support and managed services provider sitting between enterprise software vendors (Oracle, SAP, VMware) and enterprise end-users. Rimini Street intercepts the annual vendor maintenance renewal and provides substitute support, updates, and security services directly to clients.

Geographic exposure

Global operations with tax, legal, and regulatory update coverage across 139 countries, sourced from more than 5,500 government sites and over 26,000 localities (per FY2025 10-K filed 2026-02-19). Specific revenue breakdown by geography is not detailed in the provided filing excerpts.

Competitors

Oracle (direct vendor support), SAP (direct vendor support), VMware (direct vendor support)

Source: SEC 10-K, filed 2026-02-19

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