Latest news with #Spinnaker
Business Upturn
2 days ago
- Business
- Business Upturn
Spinnaker Support Delivers Global Double-Digit Growth Fueled by Enterprise Scrutiny of Traditional Vendor Relationships
Denver, United States: -Oracle, SAP and VMware third-party software support specialist gives enterprises time and options to consider their digital strategy- -Spinnaker adds global enterprises to growing client roster including BT, Telefónica Germany and more- -SAP, Oracle and VMWare vendor support divisions deliver continued growth as enterprises trust Spinnaker to maintain core IT infrastructure- Spinnaker Support (Spinnaker), the third-party software support leader entrusted by 1,000+ global clients, today announced that the growing market for reliable, trustworthy and strategic global third-party support has fueled double-digit growth across its business. Spinnaker's support for enterprise SAP, Oracle and VMWare deployments is giving the C-suite valuable breathing room, by avoiding costly vendor lock-in, to make digital transformation decisions to their own timescales, while also securely maintaining legacy systems. Notable recent client wins include BT (Oracle), Telefónica Germany (Oracle/VMware), Madrileña Gas (SAP), Specsavers (Oracle), Bombardier Recreational Products (SAP) and Abercrombie & Fitch (Oracle). Spinnaker's key verticals include manufacturing, utilities, telecommunications, financial services, and banking. Spinnaker's Oracle support reaches new heights Spinnaker's Oracle support continues to grow globally. In March 2025, Spinnaker announced it will be providing support for major telco BT Group's on-premise Oracle applications in use across the Group's technology estate. The engagement spans a wide range of critical Oracle applications and sees Spinnaker providing escalated support on key databases and applications within BT Group. In addition, Spinnaker has also signed Specsavers, Telefónica Germany, and Abercrombie & Fitch for multi-year support contracts. Alternative option for SAP customers being pushed towards RISE On the SAP side of its business, Spinnaker provides organizations with an alternative support option as SAP continues to push customers towards RISE. In February 2025, Spinnaker announced that BRP , a global leader in the world of powersports products, propulsion systems and boats, has selected Spinnaker to provide third-party software support across its SAP applications and technologies. The five-year deal with Spinnaker gives BRP dedicated third-party software support to ensure that SAP Applications and Tech with Global Tax & Regulatory Compliance are maintained across the company's operations in 22 countries. In EMEA, Madrileña Red de Gas, one of Spain's key utility companies, has freed up investment for innovation projects across the organization by outsourcing its entire SAP maintenance support to Spinnaker. With a desire to maintain its current SAP environment but with SAP maintenance costs rising. The last 12 months has also seen Spinnaker expand its service offering in a number of ways: Spinnaker launched its VMware support offering after listening to customer concerns following Broadcom's VMware acquisition In July 2024, Spinnaker launched its VMware support option, in response to market demand for innovative, up-to-date and flexible support offerings. Interest remains high as VMWare customers reject being forced to switch from a perpetual license model to a costly subscription alternative. Advantages of switching to Spinnaker's VMware offering include the avoidance of forced subscription models, maintaining security and compliance requirements. In less than 12 months, Spinnaker's new VMware division has contracted multiple new customers including Telefónica Germany, Quebec Airport and Specsavers. Spinnaker Cloud Managed Services launched: empowering organizations to modernize on their own terms In March 2025, Spinnaker launched Spinnaker Cloud Managed Services – a new offering that allows an organization to actualize its cloud strategy without having to move away from the legacy system(s) their business is built upon. Spinnaker Cloud Managed Services supports Oracle and SAP, environments across both legacy and cloud platforms, delivering a high-touch service with expert management. Partnerships: Channel vendors embrace Spinnaker's offering As Oracle, SAP and VMware customers are being pushed to subscription licensing consultancy, software and licensing partner companies are including Spinnaker Third-Party Software Support to enhance their offerings. New partners include Avanade, SoftwareOne, Preo-Soft, 2Data, joining IBM, Prolicense and other global vendors to enable their customers to take control of their digital future. Security: As security and audit compliance continue to lead to CIO concerns, Spinnaker Shield's holistic approach ensures stability. As the digital world is increasingly under attack from cyber threats, this is causing companies to close ranks and keep their data on-premise, or at the very least hosted in their home country. This is at odds with the major software vendors driving applications onto their cloud platforms. Spinnaker can keep its customers' data secure and optimized on-site and avoid risky migrations and unknown threats. Matt Stava, CEO of Spinnaker Support said: 'The market for third-party software support is growing fast and so is Spinnaker Support. We have seen global brands make the jump and entrust Spinnaker Support with their on-going software support needs. Our personal, consultative and experienced global experts give enterprises the ability and time to move at their own pace, not that of the software vendors support offerings, while realizing significant cost benefits as they decide on their future digital strategies.' Spinnaker offers 'The Ultimate Support Guarantee', an industry-first agreement designed to mitigate any perceived risks associated with switching away from Oracle, SAP or VMware support. For more information about Spinnaker Support, visit . About Spinnaker Support Spinnaker Support delivers global, independent third-party software support for Oracle, SAP, and VMware, along with managed services and cloud solutions for Oracle and SAP. Trusted by companies worldwide, including those in highly regulated industries, Spinnaker empowers organizations to take control of their IT strategy. By breaking free from vendor-imposed roadmaps, aligning software management with business objectives, reducing costs, and maximizing ROI, Spinnaker provides customers with the power of choice. With a strategic approach to security, performance, resource allocation, and managed services, Spinnaker Support ensures long-term IT efficiency and success. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Yahoo
2 days ago
- Business
- Yahoo
Spinnaker Support Delivers Global Double-Digit Growth Fueled by Enterprise Scrutiny of Traditional Vendor Relationships
-Oracle, SAP and VMware third-party software support specialist gives enterprises time and options to consider their digital strategy- -Spinnaker adds global enterprises to growing client roster including BT, Telefónica Germany and more- -SAP, Oracle and VMware vendor support divisions deliver continued growth as enterprises trust Spinnaker to maintain core IT infrastructure- DENVER, June 04, 2025--(BUSINESS WIRE)--Spinnaker Support (Spinnaker), the third-party software support leader entrusted by 1,000+ global clients, today announced that the growing market for reliable, trustworthy and strategic global third-party support has fueled double-digit growth across its business. Spinnaker's support for enterprise SAP, Oracle and VMware deployments is giving the C-suite valuable breathing room, by avoiding costly vendor lock-in, to make digital transformation decisions to their own timescales, while also securely maintaining legacy systems. Notable recent client wins include BT (Oracle), Telefónica Germany (Oracle/VMware), Madrileña Gas (SAP), Specsavers (Oracle), and Bombardier Recreational Products (SAP). Spinnaker's key verticals include manufacturing, utilities, telecommunications, financial services, and banking. Spinnaker's Oracle support reaches new heights Spinnaker's Oracle support continues to grow globally. In March 2025, Spinnaker announced it will be providing support for major telco BT Group's on-premise Oracle applications in use across the Group's technology estate. The engagement spans a wide range of critical Oracle applications and sees Spinnaker providing escalated support on key databases and applications within BT Group. In addition, Spinnaker has also signed Specsavers and Telefónica Germany for multi-year support contracts. Alternative option for SAP customers being pushed towards RISE On the SAP side of its business, Spinnaker provides organizations with an alternative support option as SAP continues to push customers towards RISE. In February 2025, Spinnaker announced that BRP, a global leader in the world of powersports products, propulsion systems and boats, has selected Spinnaker to provide third-party software support across its SAP applications and technologies. The five-year deal with Spinnaker gives BRP dedicated third-party software support to ensure that SAP Applications and Tech with Global Tax & Regulatory Compliance are maintained across the company's operations in 22 countries. In EMEA, Madrileña Red de Gas, one of Spain's key utility companies, has freed up investment for innovation projects across the organization by outsourcing its entire SAP maintenance support to Spinnaker. With a desire to maintain its current SAP environment but with SAP maintenance costs rising. The last 12 months has also seen Spinnaker expand its service offering in a number of ways: Spinnaker launched its VMware support offering after listening to customer concerns following Broadcom's VMware acquisition In July 2024, Spinnaker launched its VMware support option, in response to market demand for innovative, up-to-date and flexible support offerings. Interest remains high as VMware customers reject being forced to switch from a perpetual license model to a costly subscription alternative. Advantages of switching to Spinnaker's VMware offering include the avoidance of forced subscription models, maintaining security and compliance requirements. In less than 12 months, Spinnaker's new VMware division has contracted multiple new customers including Telefónica Germany, Quebec Airport and Specsavers. Spinnaker Cloud Managed Services launched: empowering organizations to modernize on their own terms In March 2025, Spinnaker launched Spinnaker Cloud Managed Services - a new offering that allows an organization to actualize its cloud strategy without having to move away from the legacy system(s) their business is built upon. Spinnaker Cloud Managed Services supports Oracle and SAP, environments across both legacy and cloud platforms, delivering a high-touch service with expert management. Partnerships: Channel vendors embrace Spinnaker's offering As Oracle, SAP and VMware customers are being unwillingly pushed to the cloud and/or subscriptions, many large consultancy, global software and licensing companies are including Spinnaker Third-Party Software Support to enhance their offerings. Spinnaker's services add a unique extra dimension to our partners' offerings, strengthening their competitive advantage which, in turn, enables their customers to take control of their digital future. Security: As security and audit compliance continue to lead to CIO concerns, Spinnaker Shield's holistic approach ensures stability. As the digital world is increasingly under attack from cyber threats, this is causing companies to close ranks and keep their data on-premise, or at the very least hosted in their home country. This is at odds with the major software vendors driving applications onto their cloud platforms. Spinnaker can keep its customers' data secure and optimized on-site and avoid risky migrations and unknown threats. Matt Stava, CEO of Spinnaker Support said: "The market for third-party software support is growing fast and so is Spinnaker Support. We have seen global brands make the jump and entrust Spinnaker Support with their on-going software support needs. Our personal, consultative and experienced global experts give enterprises the ability and time to move at their own pace, not that of the software vendors support offerings, while realizing significant cost benefits as they decide on their future digital strategies." Spinnaker offers 'The Ultimate Support Guarantee', an industry-first agreement designed to mitigate any perceived risks associated with switching away from Oracle, SAP or VMware support. For more information about Spinnaker Support, visit About Spinnaker Support Spinnaker Support delivers global, independent third-party software support for Oracle, SAP, and VMware, along with managed services and cloud solutions for Oracle and SAP. Trusted by companies worldwide, including those in highly regulated industries, Spinnaker empowers organizations to take control of their IT strategy. By breaking free from vendor-imposed roadmaps, aligning software management with business objectives, reducing costs, and maximizing ROI, Spinnaker provides customers with the power of choice. With a strategic approach to security, performance, resource allocation, and managed services, Spinnaker Support ensures long-term IT efficiency and success. View source version on Contacts Spinnaker Support press contact: Dan WalshMUSTARD PRdan@
Business Wire
2 days ago
- Business
- Business Wire
Spinnaker Support Delivers Global Double-Digit Growth Fueled by Enterprise Scrutiny of Traditional Vendor Relationships
DENVER--(BUSINESS WIRE)-- Spinnaker Support (Spinnaker), the third-party software support leader entrusted by 1,000+ global clients, today announced that the growing market for reliable, trustworthy and strategic global third-party support has fueled double-digit growth across its business. Spinnaker's support for enterprise SAP, Oracle and VMware deployments is giving the C-suite valuable breathing room, by avoiding costly vendor lock-in, to make digital transformation decisions to their own timescales, while also securely maintaining legacy systems. Notable recent client wins include BT (Oracle), Telefónica Germany (Oracle/VMware), Madrileña Gas (SAP), Specsavers (Oracle), and Bombardier Recreational Products (SAP). Spinnaker's key verticals include manufacturing, utilities, telecommunications, financial services, and banking. Spinnaker's Oracle support reaches new heights Spinnaker's Oracle support continues to grow globally. In March 2025, Spinnaker announced it will be providing support for major telco BT Group's on-premise Oracle applications in use across the Group's technology estate. The engagement spans a wide range of critical Oracle applications and sees Spinnaker providing escalated support on key databases and applications within BT Group. In addition, Spinnaker has also signed Specsavers and Telefónica Germany for multi-year support contracts. Alternative option for SAP customers being pushed towards RISE On the SAP side of its business, Spinnaker provides organizations with an alternative support option as SAP continues to push customers towards RISE. In February 2025, Spinnaker announced that BRP, a global leader in the world of powersports products, propulsion systems and boats, has selected Spinnaker to provide third-party software support across its SAP applications and technologies. The five-year deal with Spinnaker gives BRP dedicated third-party software support to ensure that SAP Applications and Tech with Global Tax & Regulatory Compliance are maintained across the company's operations in 22 countries. In EMEA, Madrileña Red de Gas, one of Spain's key utility companies, has freed up investment for innovation projects across the organization by outsourcing its entire SAP maintenance support to Spinnaker. With a desire to maintain its current SAP environment but with SAP maintenance costs rising. The last 12 months has also seen Spinnaker expand its service offering in a number of ways: Spinnaker launched its VMware support offering after listening to customer concerns following Broadcom's VMware acquisition In July 2024, Spinnaker launched its VMware support option, in response to market demand for innovative, up-to-date and flexible support offerings. Interest remains high as VMware customers reject being forced to switch from a perpetual license model to a costly subscription alternative. Advantages of switching to Spinnaker's VMware offering include the avoidance of forced subscription models, maintaining security and compliance requirements. In less than 12 months, Spinnaker's new VMware division has contracted multiple new customers including Telefónica Germany, Quebec Airport and Specsavers. Spinnaker Cloud Managed Services launched: empowering organizations to modernize on their own terms In March 2025, Spinnaker launched Spinnaker Cloud Managed Services - a new offering that allows an organization to actualize its cloud strategy without having to move away from the legacy system(s) their business is built upon. Spinnaker Cloud Managed Services supports Oracle and SAP, environments across both legacy and cloud platforms, delivering a high-touch service with expert management. Partnerships: Channel vendors embrace Spinnaker's offering As Oracle, SAP and VMware customers are being unwillingly pushed to the cloud and/or subscriptions, many large consultancy, global software and licensing companies are including Spinnaker Third-Party Software Support to enhance their offerings. Spinnaker's services add a unique extra dimension to our partners' offerings, strengthening their competitive advantage which, in turn, enables their customers to take control of their digital future. Security: As security and audit compliance continue to lead to CIO concerns, Spinnaker Shield's holistic approach ensures stability. As the digital world is increasingly under attack from cyber threats, this is causing companies to close ranks and keep their data on-premise, or at the very least hosted in their home country. This is at odds with the major software vendors driving applications onto their cloud platforms. Spinnaker can keep its customers' data secure and optimized on-site and avoid risky migrations and unknown threats. Matt Stava, CEO of Spinnaker Support said: 'The market for third-party software support is growing fast and so is Spinnaker Support. We have seen global brands make the jump and entrust Spinnaker Support with their on-going software support needs. Our personal, consultative and experienced global experts give enterprises the ability and time to move at their own pace, not that of the software vendors support offerings, while realizing significant cost benefits as they decide on their future digital strategies.' Spinnaker offers 'The Ultimate Support Guarantee', an industry-first agreement designed to mitigate any perceived risks associated with switching away from Oracle, SAP or VMware support. For more information about Spinnaker Support, visit About Spinnaker Support Spinnaker Support delivers global, independent third-party software support for Oracle, SAP, and VMware, along with managed services and cloud solutions for Oracle and SAP. Trusted by companies worldwide, including those in highly regulated industries, Spinnaker empowers organizations to take control of their IT strategy. By breaking free from vendor-imposed roadmaps, aligning software management with business objectives, reducing costs, and maximizing ROI, Spinnaker provides customers with the power of choice. With a strategic approach to security, performance, resource allocation, and managed services, Spinnaker Support ensures long-term IT efficiency and success.
Business Wire
2 days ago
- Business
- Business Wire
AM Best Assigns Issue Credit Rating to Spinnaker Insurance Company's New Surplus Notes
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has assigned a Long-Term Issue Credit Rating of 'bbb' (Good) to the $50 million, 9.5% surplus notes, due March 2040, issued by Spinnaker Insurance Company (Spinnaker) (Chicago, IL). The outlook assigned to this Credit Rating (rating) is stable. The notes are issued to unaffiliated external parties. The proceeds from the issuance of these surplus notes are expected to be used to redeem existing affiliated surplus notes from Spinnaker's parent, Hippo Holdings Inc., and to build capital and surplus to support future growth. Spinnaker's financial leverage and interest coverage ratios will remain within AM Best's guidelines for its current ratings. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
Yahoo
4 days ago
- Business
- Yahoo
Interval International Continues Offering Members Access to Top U.S. Destinations with Spinnaker Resorts Renewal
MIAMI, June 02, 2025--(BUSINESS WIRE)--Interval International, a leading travel membership company, today announces the renewal of its long-term affiliation with Spinnaker Resorts, Inc., offering Interval members access to ten properties in Hilton Head, South Carolina, Ormond Beach, Florida, and Branson, Missouri. Situated in some of the most sought-after vacation destinations in the U.S., Spinnaker Resorts properties provide ample opportunities for relaxation and leisure, ranging from scenic golf courses and beaches to watersports, curated owner events and outdoor adventures. "We are pleased to extend our affiliation with Spinnaker, a developer that knows all about delivering exceptional vacations by bringing to life the unique geographies and local flavors of each of their destinations," said Marcos Agostini, Interval's executive vice president and managing director. "We are also proud to continue this relationship so that Spinnaker's owners can continue to enjoy the benefits of being part of Interval's network." Spinnaker owners will continue to be enrolled as Interval Gold or Platinum members, entitling them to exchange through Interval by depositing their week for access to upgraded benefits, such as Interval Options® and ShortStay Exchange®, and additional discounts on rental cars, dining, and entertainment. "For more than a decade, Interval has supported our sales efforts by providing solutions that add valuable benefits to our vacation ownership offering. This includes access to quality inventory and additional travel benefits that are available to our owners year-round," said Carolyn Oliver, executive director at Spinnaker Resorts. Membership with Interval offers an expansive suite of benefits and tools to help create exceptional vacation experiences, including the ability to exchange vacation points for stays at resorts within the company's global network, discounted hotel bookings, special member rates on cruises, and access to more than 300,000 tours and activities around the world. About Interval International Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market since 1976. Today, Interval's exchange network comprises some 3,200 resorts in more than 90 countries and territories. Through offices in 12 countries, Interval offers world-class products and benefits to resort clients and nearly 1.6-million-member families who are enrolled in various membership programs. Interval is an operating business of Marriott Vacations Worldwide Corporation (NYSE: VAC), a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. Visit Interval International at and on LinkedIn, Instagram and Facebook. About Spinnaker Resorts Spinnaker operates 12 resorts, each offering a different experience and the local flavor of its unique locations. From the low-key coastal paradise of Hilton Head Island, South Carolina, to the sunny shores of Ormond Beach, Florida, the neon/natural draw of the Ozarks in Branson, Missouri, and the historical playground of Williamsburg, Virginia, Spinnaker has developed resorts guests love to return to year after year. Their daily goal - make sure their guests have the best possible vacation experience. View source version on Contacts Yvette Batalla, Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
