Rimini Street, Inc. (RMNI) and ServiceNow: Revolutionizing Enterprise Software ROI
Generated by AI AgentAinvest Technical Radar
Sunday, Oct 27, 2024 7:05 am ET1min read
EFSC--
NOW--
RMNI--
Rimini Street, Inc. (NASDAQ:RMNI) has recently expanded its partnership with ServiceNow, aiming to enhance enterprise software ROI and innovation. This strategic move enables organizations to unlock value in existing ERPs and enterprise applications, funding new innovation and growth. By combining ServiceNow's AI platform with Rimini Street's proven enterprise software support, companies can now maximize their existing software investments and accelerate transformation.
The new enterprise software model offers significant and immediate savings, fueling net-new innovation, unmatched user experiences, and AI-driven productivity gains in weeks to months, rather than years. This approach challenges traditional ERP "rip and replace" or "lift and shift" strategies, which often involve costly and risky multi-year migrations with unknown returns or limited innovation.
The partnership addresses the challenges of complexity and cost burden associated with upgrading or migrating existing enterprise software. By integrating disconnected and siloed landscapes of enterprise software, the new solution enables enterprises to accelerate AI innovation, digital transformation, and workflow automation without being slowed by these obstacles.
In the long term, the partnership between Rimini Street and ServiceNow offers organizations enhanced innovation and competitive advantage. By maximizing ROI on current enterprise software investments, companies can free up funding for innovation and focus on driving value for the enterprise. This strategic alliance enables a brighter future where technology unlocks unprecedented potential.
By embracing this new enterprise software model, organizations can optimize their existing software investments, avoid the risks and costs of traditional ERP strategies, and ultimately achieve greater ROI and innovation. The partnership between Rimini Street and ServiceNow is a testament to the power of collaboration in driving technological advancements and empowering businesses to thrive in the digital age.
The new enterprise software model offers significant and immediate savings, fueling net-new innovation, unmatched user experiences, and AI-driven productivity gains in weeks to months, rather than years. This approach challenges traditional ERP "rip and replace" or "lift and shift" strategies, which often involve costly and risky multi-year migrations with unknown returns or limited innovation.
The partnership addresses the challenges of complexity and cost burden associated with upgrading or migrating existing enterprise software. By integrating disconnected and siloed landscapes of enterprise software, the new solution enables enterprises to accelerate AI innovation, digital transformation, and workflow automation without being slowed by these obstacles.
In the long term, the partnership between Rimini Street and ServiceNow offers organizations enhanced innovation and competitive advantage. By maximizing ROI on current enterprise software investments, companies can free up funding for innovation and focus on driving value for the enterprise. This strategic alliance enables a brighter future where technology unlocks unprecedented potential.
By embracing this new enterprise software model, organizations can optimize their existing software investments, avoid the risks and costs of traditional ERP strategies, and ultimately achieve greater ROI and innovation. The partnership between Rimini Street and ServiceNow is a testament to the power of collaboration in driving technological advancements and empowering businesses to thrive in the digital age.
If I have seen further, it is by standing on the shoulders of giants.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet