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OSG Corporation Extends its Contract with Rimini Street for Support of its Oracle EBS Systems through 2029

With 8% reduction in total IT operating costs achieved by choosing Rimini Street, Japanese manufacturer commits to a long-term partnership as part of its strategic plans to self-fund productivity-enhancing initiatives for growth

LAS VEGAS--(BUSINESS WIRE)-- . (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 that OSG Corporation, a global leader in the precision manufacturing of cutting tools, rolling dies, and machine parts, has extended its contract with Rimini Street to help accelerate its growth and profitability goals.

OSG Corporation Extends its Contract with Rimini Street for Support of its Oracle EBS Systems through 2029

Following the Rimini Smart Path鈩�, which starts with delivering deep savings by reducing annual software support fees by up to 50%, then keeping mission-critical systems running optimally into the future and reinvesting the significant savings into strategic initiatives and innovation, OSG achieved 8% reduction in total IT operating costs, freeing up resources to fund its factory automation initiatives.

鈥淭he vendor鈥檚 roadmap would have required us to keep upgrading for features we didn鈥檛 need,鈥� said Go Harada, OSG鈥檚 head of IT strategy. 鈥淪igning with Rimini Street restored our ability to take control of our IT roadmap based on our business needs, and as a result, we achieved significant reduction in our fixed costs for Oracle maintenance and operation. These costs accounted for 86% of our total IT budget. With Rimini Street, we are no longer on the upgrade treadmill and were able to drive our total IT costs down to 78%, giving us the funds and flexibility to invest in creating new value.鈥�

鈥淣别补谤濒测 90% of today鈥檚 IT budgets are being used to 鈥榢eep the lights on,鈥� leaving only 10% for innovation and growth. That is simply not enough,鈥� said Seth Ravin, CEO of Rimini Street. 鈥淎t Rimini Street, our mission is to help organizations like OSG gain back more of those critical resources needed for projects that deliver even greater savings, more efficiency and growth potential for the business.鈥�

Choosing Stability, Pragmatism and Innovation Over the Vendor鈥檚 Roadmap

Since its founding in 1938, OSG has built its reputation on delivering high-quality, high-performance cutting tools. After selecting Oracle E-Business Suite (EBS) in 2010, OSG aimed to create a streamlined system to manage sales, order management, inventory, accounting, and production. However, OSG quickly realized that Oracle鈥檚 roadmap and push to the cloud conflicted with its own long-term IT vision.

鈥淲e considered migrating to the cloud, but decided against it,鈥� Harada explained. 鈥淥ur current EBS is built on an on-premises architecture and replicating that level of availability in the cloud would be extremely costly.鈥�

OSG鈥檚 decision to stay on-premises isn鈥檛 hampering innovation. Instead, the company uses a hybrid approach, integrating new digital tools that enhance efficiency while Rimini Street maintains its core stability.

鈥淥ur goal is to connect our existing, customized systems to new digital tools in a way that increases factory productivity,鈥� Harada noted. 鈥淩imini Street makes it possible to deliver new innovations to support our business needs, on our terms and timeline.鈥�

Cementing a Long-term Commitment Based on Unwavering Service Quality

After years of experiencing a growing list of benefits from working with Rimini Street, OSG recently extended its contract through February 2029 鈥� a clear indication of the value they find in their strategic partnership. Harada shares, 鈥淥ver the years, the relationship hasn鈥檛 changed and that鈥檚 rare. Rimini Street has treated us with the same level of care and attention as they did when we first signed on, and we value their expertise and guidance.鈥�

鈥淲e are deeply humbled by OSG鈥檚 decision to select Rimini Street as its long-term partner,鈥� said Nobutake Godo, Regional CTO of Rimini Street Japan. 鈥淭he enduring commitment from both parties to each other鈥檚 and the region鈥檚 success is founded on the shared principal that business needs come first, technology second. We look forward to the years ahead, working together to strengthen and deliver on OSG鈥檚 vision to dominate the tool manufacturing industry.鈥�

Learn more about OSG Corporation鈥檚 story of innovation in partnership with Rimini Street .

of ultra-responsive, trusted and proven support, managed services, security, integration, observability, professional services and end-to-end outsourcing solutions for SAP, Oracle, VMware and many more applications to support competitive advantage, profitability and growth.

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000庐 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, achieving better operational outcomes and realizing billions of US dollars in savings used to fund AI and other innovation investments.

To learn more, please visit , and connect with Rimini Street on , , , and .

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Rimini Street, Inc.

+1 702 285-3532

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Source: Rimini Street, Inc.