Latest news with #S4HANA
National Post
5 days ago
- Business
- National Post
Rimini Street Announces the Extension of Support for All SAP ECC 6.0 and S/4HANA Releases Through 2040
Article content All SAP software licensees can now easily extend the useful life and maximize the full value of their current, proven and stable mission-critical systems and enjoy total maintenance savings of up to 90% without the requirement of a costly and risky migration to S/4HANA on RISE Article content LAS VEGAS — Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it has extended full support coverage for all SAP ECC 6.0 and S/4HANA releases through 2040, without any need to complete a migration to S/4HANA on RISE as required by SAP for clients who want to remain on SAP's Annual Support and receive full support. Article content 'The SAP ECC 6.0 and older S/4HANA releases can deliver excellent and stable operations for 15 or more years with Rimini Street's proven, ultra-responsive support for SAP.' – Seth Ravin, CEO, Rimini Street Article content Current Rimini Support™ for SAP clients are not impacted by SAP's end-of-maintenance dates. With unmatched support, service and guidance from Rimini Street as a single, trusted partner – clients can keep systems running smoothly, stay in full tax and legal compliance and re-allocate IT budget savings to self-fund innovation. Rimini Street launched Rimini Support for SAP over fifteen years ago and currently supports hundreds of SAP ECC 6.0 and S/4HANA clients. This announcement extending SAP ECC 6.0 and S/4HANA support for another fifteen years applies to both current and new clients who are seeking to drive maximum ROI out of their SAP software investment and enjoy total annual maintenance savings of up to 90% and avoid the cost and risks of a low-value migration to S/4HANA on RISE. Article content 'Rimini Street's announcement that it will support all SAP releases until 2040 is most welcome news to SAP ECC customers such as ourselves,' said Nobuo Norisue, president of AUTOBACS Digital Initiative Co., the group IT infrastructure of AUTOBACS, Japanese retailer of automotive parts and accessories. 'As a very satisfied client of Rimini Support™ for SAP since 2016, having the option to stay on our ECC system until 2040 with the support of Rimini Street opens up many new doors for us, especially at a time when we are designing our next-generation IT foundation and architecture while balancing budgets and delivery timeline. Rimini Street's continued support provides us with more time, funds and options for a smart path forward.' Article content 'According to industry analysts, an estimated 20,000 SAP ECC licensees have not even licensed S/4HANA, and many of those who have licensed S/4HANA still have not completed an S/4HANA or S/4HANA on RISE migration,' said Seth Ravin, CEO of Rimini Street. 'The SAP ECC 6.0 and older S/4HANA releases can deliver excellent and stable operations for 15 or more years with Rimini Street's proven, ultra-responsive support for SAP. There is no need for SAP licensees to undergo major costs, risks and disruption to their operations for a software migration that many believe is unnecessary and low value, compared to the value of investing in new technologies like enterprise AI, workflow and task automation – that can bring immediate value to the organization.' Article content Rimini Street Extends the Useful Life of All SAP ECC 6.0 and S/4HANA Releases Article content SAP's Mainstream Maintenance for ECC 6.0 is scheduled to end by 2027, but for those on enhancement packs 0-5, the end date is December 31, 2025. Similarly, SAP S/4HANA has several releases where Mainstream Maintenance has already ended or will end in 2025, 2026, or 2027, depending on the version. SAP's Extended Maintenance is available for some versions of ECC 6.0 and S/4HANA, but not all, and at a significant cost increase. The full list of maintenance end dates can be found here. Article content Rimini Street clients can avoid the endless cycles and risks of vendor-mandated upgrades, migrations and replatforming, benefitting from: Article content Immediate savings of up to 50% off SAP annual support fees, with savings of up to 90% on total support costs A named, dedicated Primary Support Engineer (PSE), backed by a deep bench of SAP experts across the globe, and Rimini Street's patented and proprietary AI tools and processes for fast, accurate issue resolution Comprehensive support that covers customizations at no additional charge, helping to lower daily IT operating costs and preserve processes of competitive differentiation Guaranteed SLAs of ten-minute response time for critical cases, averaging less than two-minute response times for both Priority 1 and 2 cases in 2024 Article content 'We predict the future of ERP will forever be changed in the next five to ten years, with ERP software replaced by new, faster and more flexible agentic ERP processes that we are already deploying for clients,' said Ravin. 'Already, Rimini Street clients have saved $9 billion dollars in IT operating costs and are self-funding innovation to propel them forward without being slowed down with unnecessary, costly and risky upgrades, migrations and replatforming. Rimini Street clients are disruptors, not the disrupted.' Article content About Rimini Street, Inc. Article content Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000 ® Company, is a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP and VMware software. The Company offers a comprehensive portfolio of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software. The Company has signed thousands of contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who selected Rimini Street as their trusted, proven mission-critical enterprise software solutions provider and achieved better operational outcomes, realized billions of US dollars in savings and funded AI and other innovation investments. Article content To learn more, please visit and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn. Article content Forward-Looking Statements Article content 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 'anticipate,' 'assume,' 'believe,' 'continue,' 'could,' 'currently,' 'estimate,' 'expect,' 'forecast,' 'future,' 'intend,' 'may,' 'might,' 'outlook,' 'plan,' 'possible,' 'goal,' 'potential,' 'predict,' 'project,' 'seem,' 'seek,' 'should,' 'will,' 'would' 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, adverse developments in and costs associated with defending pending litigation or any new litigation, including the disposition of pending motions to appeal and any new claims; any expenses to be incurred to comply with any injunction ordered by the courts relating to the Rimini II litigation matter and the impact on future period revenue and costs incurred related to these efforts; changes in the business environment in which Rimini Street operates, including the impact of any recessionary macro-economic trends, heightened geopolitical tensions and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to educate the market to attract and retain clients and further penetrate our client base; significant competition in the software support services industry and our intentions with respect to our pricing model; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our expectations regarding new product offerings, partnerships and alliance programs, including but not limited to our partnership with ServiceNow; our ability to grow our revenue and accurately forecast revenue, along with the results of any efforts to manage costs in light of current revenue expectations and expansion of our offerings; the expected impact of reductions in our workforce during the last and current fiscal year and associated reorganization costs; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain additional qualified personnel; our business plan, our ability to grow in the future and our ability to achieve and maintain profitability; our plans to wind-down the offering of services for Oracle PeopleSoft products; the volatility of our stock price and related compliance with stock exchange requirements; our need and ability to raise 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; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats; any deficiencies associated with generative artificial intelligence (AI) technologies potentially used by us or used by our third-party vendors and service providers; our ability to protect the confidential information of our employees and clients and to comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take; tariff costs (including tariff relief or the ability to mitigate tariffs, in light of new or increased tariffs imposed by the United States government and the potential for retaliatory trade measures by affected countries); a failure by us to establish adequate tax reserves; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our ability to maintain our good standing with the United States government and international governments and capture new contracts with governmental entities; our credit facility's ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street's equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading 'Risk Factors' in Rimini Street's Quarterly Report on Form 10-Q filed on May 1, 2025, 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. Article content © 2025 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. Article content Article content Article content Article content Article content Contacts
Globe and Mail
6 days ago
- Business
- Globe and Mail
Applexus Technologies Recognized as a Partner in SAP's Exclusive Partner-Led Territory Program for North America
SEATTLE , June 4, 2025 /CNW/ -- Applexus Technologies, a global leader in SAP digital transformation and business consulting services, today announced its selection as a valued partner in SAP's prestigious Partner-Led Territory (PLT) Program for North America . This strategic recognition empowers Applexus to independently lead and manage the end-to-end customer value journey for mid-market organizations across the region. SAP's Partner-Led Territory Program is designed to recognize and enable high-performing partners with deep domain knowledge, cloud proficiency, and a consistent record of delivering transformative outcomes. As a designated PLT partner, Applexus is entrusted to independently drive the entire customer lifecycle—from demand generation to deal execution, solution delivery, and ongoing support. "This recognition reflects the strength of our offerings and longstanding collaboration with SAP," said Nittu Thomas, Chief Operating Officer at Applexus Technologies. "It also reinforces our commitment to enabling clean core S/4HANA transformations and building AI-ready enterprises by leveraging our proprietary platforms, accelerators, and deep SAP domain expertise." Applexus accelerates successful S/4HANA implementations with its proven toolset, CeleRITE, industry-specific Qualified Partner-Packaged Solutions (QPPS), and an agile RunningStart methodology. By deploying clean core S/4HANA implementations, leveraging the power of SAP Business Data Cloud and modern cloud-based analytics platforms like Databricks, and supplemented by AI accelerators, Applexus is helping customers unlock the full potential of AI. "Our inclusion in the Partner-Led Territory Program opens new doors to collaborate more deeply with SAP and bring tailored, outcome-driven solutions to our customers," said Jeff O'Kane , Head of Sales, North America , Applexus. "It's a testament to our team, delivery strength, cloud-first approach, and the trust SAP places in our ability to lead complex, enterprise-grade digital transformations across North America ." Applexus has invested significantly in cloud-centric technologies, SAP BTP innovation, and AI enablement. The PLT designation further strengthens Applexus' position to scale these capabilities and drive enterprise modernization aligned with SAP's Clean Core strategies. About Applexus Technologies Applexus is a global SAP consulting firm specializing in SAP S/4HANA, SAP BTP, and enterprise AI solutions. We provide end-to-end services from strategic planning through implementation and optimization, backed by industry expertise and innovation-driven accelerators. Applexus helps clients modernize with clean core architectures, enabling scalable, AI-ready business operations.
Yahoo
09-05-2025
- Business
- Yahoo
EY, DXC join SAP's ongoing ERP migration push
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. EY and DXC joined the growing ranks of IT service providers offering engineering assistance to SAP customers migrating to S/4HANA cloud-based ERP systems Thursday. Both vendors rolled out new SAP service bundles as the clock ticks down toward the end of mainstream support for legacy SAP Enterprise Central Component ERP systems in 2027. EY launched a service to help SAP customers manage their ERP deployments across finance, payroll, human resources and other core functions, the company said in an announcement. The consulting firm also joined the SAP PartnerEdge ecosystem as a managed services provider with a focus on software and business processes. DXC bundled its SAP engineering expertise into a migration support and management service, the company said in a separate announcement. DXC Complete with SAP and Microsoft provides SAP customers with an ERP migration roadmap that can be completed in as little as one year, Keith Costello, global managing director and SAP lead for DXC consulting and engineering services, told CIO Dive. SAP ramped up efforts to drive its business to cloud last year, investing more than $2 billion in an overhaul of its business that prioritized migrating customers from ECC on-premises ERP to S/4HANA. ERP migrations can be a lengthy, arduous process, challenging engineering teams to cut away technical debt, reformat data and cultivate cloud management skills. EY and DXC are among a bevy of high-profile IT service providers that have rallied to help SAP customers make the move before mainstream support ends. 'The end-of-support deadline is driving a Y2K-like moment in the SAP ecosystem,' Costello said. 'A lot of clients want to migrate finance first because the CFO cannot go to an auditor and say that next year they're going to be on an unsupported version of SAP — that's an existential threat.' Kyndryl built an SAP migration services practice around its own S/4HANA adoption, which began with the finance function last year. The IT services company rolled out an SAP cloud services suite after completing an 18-month migration that leveraged the RISE with SAP incentive program last month. SAP is leaning on its channel partners to bring its ECC customers to cloud, particularly in the mid-market. 'We have a huge mid-market, where we can massively grow,' SAP CEO Christian Klein said last year, during a Q3 2024 earnings call. 'We are expanding this highly profitable sales channel and pushing our future growth.' DXC's service bundle builds on SAP's existing partnership with Microsoft to guide customers through the RISE program on Azure cloud infrastructure, which deployed globally in January. AWS announced a similar RISE with SAP partnership in December. The EY partnership focuses on helping enterprises overcome post-migration hurdles to deliver a return on cloud ERP investments through leveraging SAP's business suite and AI capabilities. 'Well-structured enterprise functions are critical to scaling and sustaining success, but without the right support, it can become a distraction from the strategic priorities that drive real value,' Raj Sharma, EY global managing partner, growth and innovation, said in the announcement. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
03-04-2025
- Business
- Zawya
XDS Datacentres & Fulcrum Consulting: Powering SAP business transformation through strategic partnership
RELATED TOPICS TECHNOLOGY RELATED COMPANIES Sahab Eng Consl Fulcrum Cnsltg XDS Nutanix Lenovo Group United Arab Emirates: Unlocking Value Through Collaboration - XDS DATACENTRES and FULCRUM Consulting GmbH have joined forces to deliver a seamless, end-to-end SAP ECC6 to S4/HANA transformation journey, combining world-class datacentre with SAP consulting expertise. This strategic partnership is designed to empower enterprises and government entities with secure, high-performance and fully compliant SAP solutions. Why Partner with XDS & FULCRUM Consulting ? End-to-End SAP Solutions: From pre-assessment to S4 HANA migration and ongoing managed services, we offer a one-stop solution for SAP transformation. Regulatory Compliance & Data Security: Ensuring adherence to UAE & KSA government regulations for data residency and security. Optimized SAP Performance: High-availability, disaster recovery, and scalable cloud hosting ensure superior system performance. Proven Track Record: Decades of experience in successful SAP implementations and digital transformation projects. Our Combined Expertise XDS DATACENTRES: Industry-leading High-Performance infrastructure built by SAHAB will provide secure, compliant, and private cloud hosting for SAP workloads. XDS offers high density compute with Bare Metal Services. FULCRUM Consulting: As a certified SAP GOLD Partner, FULCRUM Consulting specializes in consulting, implementation, seamless migration, and continuous optimization services, ensuring efficient and successful SAP transformations Delivering Measurable Business Value Accelerated Cloud Adoption: Helping businesses transition to the cloud efficiently with RISE with SAP for Private Cloud. Cost Optimization: Reducing infrastructure overhead with scalable and flexible hosting solutions. Risk Mitigation: Comprehensive pre-assessment, compliance validation, and ongoing security enhancements. Business Continuity: 24/7 monitoring, disaster recovery, and proactive performance tuning. SAHAB Customers will be offered immediate bare metal services out of the SAHAB data hall where customers can start their transformation from SAP ECC6 to S4. XDS will offer SAP certified stack with Nutanix cluster running on Lenovo SR650 hardware fully immersed. XDS & FULCRUM Consulting will provide full end to end SAP managed services. No other collaboration in region is providing these services for SAP customers. The data hall is located in the Sharjah Research Technology & Innovation Park ( SRTIP ) Let's Build the Future Together XDS DATACENTRES with FULCRUM Consulting will work with customers to migrate their customized SAP ECC6 platforms to S4/HANA, provide next generation compute to support customer workloads with substantial performance improvements using Liquid Immersion Cooling. The XDS NITRO server racks with alternative energy sources will provide substantial performance improvements above and beyond air-cooled compute . Your SAP is best run with XDS & FULCRUM Consulting. ABOUT SAHAB: SAHAB engineer and construct Tier 3 compliant next generation liquid cooled datacentre facilities to meet rising demands of Artificial Intelligence workloads. SAHAB provide alternative energy sources allowing real time workloads to determine the best source of energy. Chairman Mr Ali Al Shamsi states that SAHAB will build a world first liquid immersion datacentre specifically for XDS that caters for the current Artificial Intelligence demands leading to Artificial General Intelligence applications over the coming decades. ABOUT XDS DATACENTRES: XDS DATACENTRES will operate a SAHAB built datacentre providing next generation facilities offering high density racks, liquid immersion, direct to chip, end to end datacentre migrations, managed services, security & network operations. XDS has been specifically established to meet rising demands of Artificial Intelligence Applications and in addition to provide Data Science, Data Engineering, Virtual Reality, Meta Verse, Augmented Reality, GPU as a Service, Super Computer as a Service, Infrastructure as a Service, Software as a Service. CEO Ghufran Hamid mentioned that no datacentre around the world provides the level of services XDS will provide its customers. Our collaboration with Fulcrum Consulting provides a compelling offering to in region SAP customers who want to host their infrastructure in a private cloud with full SAP managed services. ABOUT FULCRUM Consulting GmbH: FULCRUM Consulting GmbH is SAP GOLD Partner with over two decades of expertise in supply chain management and ERP solutions. Headquartered in Vienna, Austria, the company has been expanding its global presence since 2004, with offices in the United Arab Emirates and multiple locations worldwide. Specializing in SAP transformation projects, FULCRUM Consulting is a trusted expert in S/4HANA implementations. Through its partnership with XDS, the company delivers comprehensive, end-to-end roadmaps for seamless S/4HANA transitions. As DI Peter Weiss, Founder and Owner of FULCRUM Consulting, states, 'With our XDS partnership, we enable our customers to focus on their core business while we manage their SAP transformation as a service.'
