yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
Red Hat
The Opening of Virtualization
User Environment Management – The Third Layer of the Desktop
Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Return on Assests: Bringing Visibility to your SOA Strategy
Managing Hybrid Endpoint Environments
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Rimini Street Reports Record Results for Fourth Quarter and Full-Year 2012

Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including SAP AG (NYSE:SAP) software and Oracle Corporation’s (NASDAQ: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database and Hyperion software, today announced results for its fiscal fourth quarter and full fiscal year ended December 31, 2012. Highlights of the Company’s fiscal fourth quarter results include a record number of new client transactions closed, resulting in the largest new sales quarter ever in the Company’s history. Rimini Street’s full fiscal year 2012 results include record highs in revenue, deferred revenue, average sales price, sales transactions over one million U.S. dollars, sales bookings and sales bookings backlog.

11 Consecutive Record Quarters and Continued Strong Annual Results

Rimini Street continued its fast-paced growth in the fiscal fourth quarter and fiscal 2012, achieving many new all-time company records.

For the fiscal fourth quarter, the Company surpassed all of its sales targets with more than $100 million added to sales bookings backlog and total invoicing of $26.6 million, a 61-percent invoicing increase over the year ago quarter. The Company also recorded $11.97 million in revenue, a nearly 30-percent increase on a year-over-year basis and a new company quarterly revenue record.

For the fiscal year 2012, the Company exceeded $43 million in revenue, a more than 30-percent increase on a year-over-year basis. Sales bookings backlog increased from $394 million to $558 million, a 41-percent increase on a year-over-year basis. Deferred revenue also increased more than 51 percent to nearly $44 million as of December 31, 2012, when compared on a year-over-year basis. The Company also reported continued strong client retention and exceeded its renewal targets, with a record number of clients executing multi-year renewals.

Large Organizations Are Fastest Growing Client Segment

Rimini Street has signed more than 550 total clients, including numerous large public and private sector organizations. Counted amongst Rimini Street’s signed private sector clients are 69 of the Fortune 500 and 15 of the Global 100, which includes eight Fortune 500 added in the fiscal fourth quarter alone, and 17 Fortune 500 and two Global 100 clients added in fiscal 2012. Large public sector clients added in 2012 include a major agency of the U.S. federal government. The Company currently supports client operations in nearly 80 countries, with the capability of supporting clients in nearly 200 countries. Rimini Street has 245 employees throughout North America and subsidiaries in South America, Europe, South Asia and Asia-Pacific regions.

Strong Sales Across All Product Lines, Including Newly Launched Oracle Hyperion Support

For the fiscal fourth quarter, the Company reported a record 40 new client transactions worldwide and strong sales across each of its product lines, including SAP and Oracle’s E-Business Suite, Database, PeopleSoft, JD Edwards and Siebel products. The Company also reported closing its first support agreements for its newest product line, Oracle Hyperion, which was launched in October 2012, and far exceeded sales targets for its other newer product lines - Oracle E-Business Suite and Oracle Database.

Fiscal fourth quarter transactions set several additional records: a record number of agreements in excess of one million U.S. dollars, record average sales prices for each product line, and a record number of contracts featuring multi-year, non-cancelable service periods.

Rimini Street also accomplished the following notable achievements in 2012:

  • Announced tripling in sales for Rimini Street Support of Oracle applications in April 2012
  • Announced tripling in revenue for Rimini Street Support of SAP applications in May 2012
  • Expanded the Company’s global workforce and global support capabilities with additional staff in the U.S. and Europe, launch of new subsidiaries and operations in India and Brazil, and the opening of innovative new facilities including Rimini Street Labs in Hyderabad, India and a Rimini Street Technology Center in Sao Paulo, Brazil
  • Won several notable business and industry awards, including the Stevie® Award from the 2012 International Business Awards for Outstanding Customer Service and the 2012 Red Herring Top 100 Americas award for the leading private companies in North America
  • Named to CIO UK’s annual hotlist of top tech companies, “20 Companies to Watch in 2012,” ranked number one Business of the West for 2012 by Business Leader magazine; named one of the Inc. 500/5000 fastest-growing private companies in the country for the second consecutive year by Inc. magazine; and named one of the top 200 technology companies by Lead 411
  • Featured in U.S. and European investor events by leading global investment banks such as Cowen & Company, Macquarie, JMP Securities, Deutsche Bank, Canaccord Genuity, Citibank and UBS

“Rimini Street’s record fiscal fourth quarter and full-year results continue to demonstrate that more and more Oracle and SAP clients around the world are benefiting from our innovative support offering that combines the most responsive, comprehensive and relevant support model available with up to 90 percent total cost savings when compared to the vendor’s offering,” said Seth Ravin, Rimini Street CEO. “Rimini Street remains solidly positioned as the industry leader in value-driven enterprise software support models, and we will continue to execute against our business plan for 2013 as we help many additional Oracle and SAP clients achieve their support and budgetary objectives and prepare for our planned IPO.”

About Rimini Street, Inc.

Rimini Street is the leading third-party provider of enterprise software support services. The company is redefining enterprise support services with an innovative, award-winning program that enables Oracle and SAP licensees to save up to 90 percent on total support costs over a decade, including saving 50 percent on annual support fees. Clients can remain on their current software release without any required upgrades or migrations for at least 10 years. Hundreds of global, Fortune 500, midmarket, and public sector organizations from virtually all industries have selected Rimini Street as their trusted, independent support provider. To learn more, please visit or call within the USA 888-870-9692 or internationally +1 702-839-9671.

Rimini Street and the Rimini Street logo are trademarks of Rimini Street, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2013. All rights reserved.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest AJAXWorld RIA Stories
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture ...
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In...
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, He...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application po...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science" is responsible for guiding the technology strategy within Hitachi Vantara for IoT and Analytics. Bill brings a balanced business-techn...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers