VIVERE Group Selects Rimini Street
Rimini Street (RMNI) announced that VIVERE Group, an Indonesian company listed as PT Gema Graham Sarana Tbk (GEMA), has chosen Rimini Support for SAP to maintain business continuity and support its SAP ECC environment. This partnership allows VIVERE to focus on digital transformation and avoid a costly S/4HANA upgrade, according to the companies.
How this was made
The 30-second read
Why it matters
The partnership could improve VIVERE's cost structure while providing Rimini Street with a foothold in the Indonesian market.
Market read
A modest corporate win for Rimini Street and a strategic cost‑saving move for VIVERE, with limited broader market impact.
What to watch
Potential long‑term partnership extensions or upsell opportunities are not disclosed.
Background
Rimini Street is a leading third‑party support provider for enterprise software; VIVERE Group is an Indonesian interior solutions company listed on IDX.
Ticker impact
Rimini Street announced VIVERE Group selected its Rimini Support™ for SAP, a new client win.
Modest upside as the contract adds to RMNI's pipeline.
Client win expands market presence but scale is limited; impact likely incremental.
Market effects
Highlights growing demand for third‑party SAP support services in emerging markets.
May encourage other Indonesian firms to consider third‑party support to avoid costly ERP upgrades.
Limited; primarily affects niche enterprise‑software support sector.
Counterpoint
The contract may be small and not materially affect RMNI's top line; investors should remain cautious.
Key entities
- CompanyRimini Street, Inc.
NASDAQ‑listed provider of third‑party ERP support.
- CompanyVIVERE Group / PT Gema Graham Sarana Tbk
Indonesian interior contracting and furniture manufacturing firm.
