LAS VEGAS–(BUSINESS WIRE)–Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Rimini Street India Operations Private Ltd. has earned the designation of Great Place to Work-CertifiedTM. Based on validated employee feedback gathered using Great Place to Work’s rigorous, data-driven methodology, the certification confirmed that 94% of employees believe that Rimini Street India excelled in building a high-trust Company culture and creating a positive work environment for all.
As part of the assessment process, Rimini Street India employees participated in Great Place to Work’s Trust Index© survey to assess the organization’s overall cultural landscape and employee engagement levels. Secondly, a Culture Audit© detailed Rimini Street’s best practices in employee engagement across the entire employee lifecycle, which include employee induction practices and buddy programs to engage new employees, available training and certifications and a formal career growth program to encourage career opportunities. Additional engagement programs include employee wellness programs such as health camps, yoga and fitness workshops, annual sports events, group activities and a regular cadence of employee surveys to connect and gather feedback. Employees scored Rimini Street highly across five key areas of engagement including credibility, respect, fairness, pride and camaraderie.
India’s Great Place to Work® Institute evaluates and recognizes companies with best-in-class workplaces and company culture. Rimini Street’s certification puts a spotlight on its diligence to build a work culture that engages and enhances the employee experience and promotes the values of credibility, respect, fairness, pride, and camaraderie.
Rimini Street India currently employs over 400 professionals working in Bengaluru, Hyderabad and other cities across India. Rimini Street India employees work in finance, HR, legal, IT, global security, marketing, sales operations, client onboarding, software development, quality systems, technology innovation, artificial intelligence, global operations and support delivery. The Rimini Street India team is a significant contributor to the Company’s global growth and unmatched 4.9/5.0 average client satisfaction for cases (where 5.0 is “excellent”).
“Being Great Place to Work-Certified is a rewarding endorsement from our employees recognizing Rimini Street’s commitment to fostering a work environment that is inclusive, engaging and supportive,” said Raju Gadiraju, managing director, Rimini Street India Operations Private Ltd. “Rimini Street is a great place to work, not only due to the programs we have in place, but because our people are deeply committed to creating a collaborative and nurturing workplace. Together, they reinforce Rimini Street as an employer of choice in our industry and ensure a happier, well-balanced team that helps drive business results and make a difference to our clients and communities in which we live and work.”
The Great Place to Work® Institute is a highly acclaimed international organization with an employee experience platform for evaluating and identifying companies with best practices and programs in human resource management and company culture. Every year, more than 10,000 organizations from over 60 countries partner with Great Place to Work Institute for assessment, benchmarking and planning actions to strengthen their workplace culture. Their methodology is recognized as rigorous and objective, and is considered the gold standard for defining great workplaces across business, academia and government organizations.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 4,000 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.
Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the duration of and operational and financial impacts on our business of the COVID-19 pandemic and related economic impact, as well as the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt our business or that of our current and prospective clients, changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse developments in pending litigation or in the government inquiry or any new litigation; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the terms and impact of our outstanding 13.00% Series A Preferred Stock; our ability to maintain an effective system of internal control over financial reporting, and our ability to remediate identified material weaknesses in our internal controls, including in relation to the accounting treatment of our warrants; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the customer adoption of our recently introduced products and services, including our Application Management Services (AMS), Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products, in addition to other products and services we expect to introduce in the near future; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of Rimini Street’s equity securities; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on May 10, 2021, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.
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