Principal Oracle EBS Integration Architect

Datacom teams with Rimini Street in ANZ support deal. Tue, 15th Sep 2026 (Today) Rimini Street has entered a strategic partnership with Datacom in Australia and New Zealand, allowing Datacom to resell Rimini Support for Oracle and SAP software to public and private sector customers across both markets. Under the agreement, Datacom will add third-party support for Oracle and SAP to its core platforms portfolio, with Rimini Street delivering the underlying service for customers running supported perpetually licensed versions of the software. The offering includes level 4 support, as well as security and compliance services. The deal gives Datacom a new service for organisations that want to keep using existing Oracle and SAP systems without upgrading, migrating or replacing current licences. For Rimini Street, it expands access to a broader customer base in a region where many businesses and government agencies are managing ageing enterprise software estates while facing pressure to fund newer technology projects. Third-party software support has become a contested but established part of the enterprise applications market, particularly among organisations seeking to reduce annual maintenance bills from large software vendors. Vendors such as Oracle and SAP have long relied on support and maintenance revenue, while specialist providers argue that customers can keep stable systems in place longer and redirect spending elsewhere. Datacom is one of the larger locally owned technology services companies in Australasia, with nearly 6,000 staff across Australia, New Zealand and Asia. Its business spans technology services, operations, digital services and products, and the Rimini Street partnership adds another option for customers managing legacy enterprise software while investing in broader IT programmes. Rimini Street says customers can use the arrangement to reduce software support costs and free budget for other priorities, including artificial intelligence, cloud and digital transformation work. It says clients could achieve savings of up to 90% of total enterprise software support costs, though it did not provide a breakdown of how those savings are calculated across different customer settings. Regional push The partnership is focused on Australia and New Zealand and covers both public and private sector organisations. That matters because enterprise resource planning systems from Oracle and SAP remain deeply embedded in large organisations and government bodies across the region, where replacing core systems can be costly, slow and operationally risky. Datacom will act as reseller, giving its customers access to Rimini Support as part of its service offering. Rimini Street says the model combines its software support business with Datacom's existing market reach and implementation experience. The move also reflects a broader market trend, as technology service providers look for ways to help customers balance cost control with spending on newer initiatives. In many cases, companies are trying to fund AI projects and cloud work while still maintaining older back-office systems that remain essential to finance, procurement, human resources and other core functions. Rimini Street has built its business around that tension, positioning itself as an alternative support provider for customers that want to stay on existing versions of Oracle and SAP software. The company says it has signed thousands of IT service contracts globally across large corporates, mid-market firms, public sector bodies and government agencies. For Datacom, the agreement could broaden discussions with customers reassessing long-term application strategies. Rather than framing modernisation solely around major software upgrades or platform changes, service providers are increasingly offering models that separate support decisions from transformation programmes. That may appeal to organisations that do not want to move core systems immediately but still need to release funds for other work. It may also be relevant in sectors where compliance, operational continuity and budget constraints make large-scale system changes harder to justify in the short term. Rimini Street described the arrangement as its first partnership of this kind in the region. Shirley Riddick, GVP and Regional GM, ANZ, at Rimini Street, said the timing reflected tighter economic conditions and growing pressure on businesses to invest in AI. "This is a first-of-its-kind partnership for Rimini Street in this region, and we are excited to join forces with a technology leader like Datacom at a pivotal moment, when economic pressures and the urgency to accelerate AI adoption intersect," said Shirley Riddick, GVP and Regional GM, ANZ, Rimini Street. Dave Payne, Director, Core Platforms, Australia and New Zealand, at Datacom, said the agreement fits with the company's existing work with customers across the region. "We are excited to partner with Rimini Street to enhance our service offerings. This partnership allows Datacom to provide our clients across ANZ with a proven solution that helps to extend the life and value of their enterprise software investments so they can continue on their AI journeys. It aligns perfectly with our commitment to helping customers solve their biggest challenges and achieve their strategic goals," Payne said.

Rimini Street (NASDAQ:RMNI) CEO Seth Ravin sells 191,702 shares of stock. September 4, 2026 Key points. * CEO Seth Ravin sold 191,702 Rimini Street shares at an average price of $5.18, generating approximately $993,000. He retained 10.3 million shares after the transaction, a 1.83% reduction in his direct holdings. * Rimini Street shares fell 1.8% to $5.01, with the company valued at approximately $468 million. Institutional investors and hedge funds own 73.75% of the stock. * Analyst sentiment is moderately positive: the stock has an average "Moderate Buy" rating and a $6.50 consensus price target, compared with its current price near $5.01. * Interested in Rimini Street? Here are five stocks we like better. Rimini Street, Inc. (NASDAQ:RMNI - Get Free Report) CEO Seth Ravin sold 191,702 shares of Rimini Street stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $5.18, for a total transaction of $993,016.36. Following the completion of the sale, the chief executive officer directly owned 10,299,607 shares in the company, valued at $53,351,964.26. This represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Rimini Street trading down 1.8%. NASDAQ:RMNI traded down $0.09 during trading hours on Friday, reaching $5.01. 522,151 shares of the company were exchanged, compared to its average volume of 407,349. The stock's 50-day moving average is $4.84 and its 200-day moving average is $4.05. The firm has a market cap of $467.73 million, a PE ratio of 62.63 and a beta of 1.24. Rimini Street, Inc. has a twelve month low of $2.87 and a twelve month high of $5.68. Hedge funds weigh in on Rimini Street. Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Conifer Management L.L.C. acquired a new stake in shares of Rimini Street in the 2nd quarter worth $25,190,228. BlackRock Inc. acquired a new position in shares of Rimini Street during the 2nd quarter valued at about $15,729,000. Pacific Ridge Capital Partners LLC grew its holdings in shares of Rimini Street by 9.4% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,857,512 shares of the company's stock valued at $7,207,000 after purchasing an additional 159,673 shares during the period. Mink Brook Asset Management LLC increased its position in Rimini Street by 73.4% during the fourth quarter. Mink Brook Asset Management LLC now owns 1,299,741 shares of the company's stock worth $5,043,000 after purchasing an additional 550,167 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Rimini Street by 1.5% during the second quarter. Geode Capital Management LLC now owns 1,234,075 shares of the company's stock worth $4,653,000 after purchasing an additional 18,808 shares during the last quarter. Institutional investors and hedge funds own 73.75% of the company's stock. Wall Street analysts forecast growth. Several equities research analysts recently issued reports on RMNI shares. Wall Street Zen upgraded Rimini Street from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Zacks Research upgraded Rimini Street from a "strong sell" rating to a "hold" rating in a research report on Monday, July 6th. Craig Hallum reaffirmed a "buy" rating and issued a $8.00 price target on shares of Rimini Street in a research note on Friday, July 31st. Weiss Ratings cut Rimini Street from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, July 7th. Finally, Roth Capital reissued a "buy" rating and issued a $6.50 price objective on shares of Rimini Street in a research note on Thursday, July 30th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $6.50. About Rimini Street. Rimini Street, Inc NASDAQ: RMNI is a provider of enterprise software support services, specializing in third-party maintenance for mission-critical applications from leading technology vendors. The company offers comprehensive support for ERP, CRM and database environments, with coverage for systems from providers such as Oracle and SAP. Through its proactive system monitoring, performance tuning, regulatory and tax update services, Rimini Street aims to extend the lifecycle of enterprise applications while delivering service levels comparable to or exceeding those of original software vendors. Founded in 2005 by technology entrepreneur Seth Ravin, Rimini Street has grown from a startup into a publicly traded company following its initial public offering in March 2018. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Rimini Street, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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