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Rimini Street Partners With The Valspar Corporation To Enhance Global IT Budget Efficiency And Effectiveness In Support Of Company’s Top Corporate Initiatives

Stocks in this article: VAL

Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including SAP AG’s (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporation’s (NYSE: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database and Hyperion software, today announced that it has been select by The Valspar Corporation (NYSE: VAL) to support the company’s Oracle E-Business Suite 11.5.10. Choosing Rimini Street Support will enable Valspar to help generate significant savings from its annual support costs and reallocate a portion of its total global IT budget to focus on strategic growth initiatives. Like Valspar, many companies with operations around the world have turned to Rimini Street to gain control over their ERP software roadmap and significantly reduce total support costs, enabling them to fund innovative projects that drive competitive edge, while gaining improved, ultra-premium service features, including support for customizations at no additional cost.

“By partnering with Rimini Street, Valspar was able to reallocate a portion of its total global IT budget to growth initiatives with the stroke of a pen,” said Tom Grooms, vice president and chief information officer of Valspar. “Rimini Street’s total value proposition, the breadth and depth of all the expertise it brings and the willingness to help us be successful, significantly enhances our strategic capabilities as an IT function. Rimini Street’s value is not incremental – it has a multiplier effect on our operations.”

Valspar Avoids Expensive Upgrade to Oracle E-Business Suite R12, Maximizes Existing R11 Release to Support International Growth Strategy

Based in Minneapolis, Minn. with employees in more than 25 countries, Valspar is among the leading international manufacturers of paints and coatings in the world. For more than 200 years, the Fortune-ranked company has made its mark by creating high-quality functional and decorative coatings for well-known brands in a variety of industries. In recent years, the company has experienced rapid growth, making strategic acquisitions and expanding internationally to build on its global brand.

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