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Alter Your IT Spend from Ongoing Operations to
Innovation in 2014
Sebastian Grady
President & COO
Rimini Street, Inc.
CIO Summit, Chicago
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential2
The Big Picture: Global IT Spend In 2013
Global business and government spending on IT products and services
(US$ billions)
Forrester Research, “A Mixed Outlook For The Global Tech Market in 2013 and 2014, July 12, 2013
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential3
How BIG is $2 Trillion?
GDP of India or Brazil
Pave entire US interstate highway system
with 24 carat gold leaf – TWICE!
EVERYONE in the US gets $6400 each
We could hire 40M additional teachers
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential4
Top Trends Driving Transformation Today
Forrester Research, “The 10 Most Important Technology Trends in Business Application Architecture Today, September 23, 2013
Spend
Estimate
$550B
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential5
A Big Problem CIOs Face Today
• High Cost, Low Value Maintenance Expenses Limit Innovation
20%New IT Initiatives
80%Ongoing Operations
and Maintenance
IT Operating Budget Allocation*
*Gartner; “Gartner's Top Predictions for IT Organizations and Users, 2012 and Beyond:
Control Slips Away”, November 23, 2011
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential6
70% Of All IT Projects FailMcKinsey Study and Standish Chaos Report
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential7
Gartner “Top 10” CIO Business and
Technology Priorities in 2013
(Over 2,000 CIOs Surveyed)
Top 10 CIO Business and Technology Priorities in 2013
SaaS = software as a service; IaaS = infrastructure as a service; PaaS = platform as a service
Source: Gartner Executive Programs (January 2013)
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential8
Plus ca change, Plus c'est la meme chose
¹Source: “Why isn’t IT spending creating more value?, October, 2010
CEOs struggle to understand why total IT costs keep increasing despite
falling IT unit costs, and why IT continually consumes more of the corporate
budget¹.
The more that things change, The more they stay the same
2014 is the Year of Delivering Operational Results.
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential9
Independent Support – Disrupting ERP
Maintenance Trends
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential10
“Despite hundreds of billions of
dollars wasted on failed R&D
projects, most market
influencers would agree that
enterprise software vendors
have produced a dearth of
innovation over the past
decade…Innovation came
from the consumer tech side
and next-generation solution
providers.”
– Ray Wang, SoftwareInsider
Freeing Funds for Growth and Innovation
ERP
System
Mobile
Apps
Open
Source
BIIndustry
Apps
SaaS
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential11
IT Operating Budget Allocation*
Driving Global Expansion and Innovation -
Embraer
“Our original target was to
achieve 25 percent total
savings in our IT budget.
We surpassed that, saving
30 percent. So now our
percentage ratio of IT
maintenance costs to
innovative projects, which
formerly was 70/30, is
50/50. And we envision
opportunities to go even
further reversing the
original ratio to 30/70 ”
– Alexandre Baule´
CIO, Embraer CIO
50%Ongoing Operations
and Maintenance
50%New IT Initiatives
30%New IT Initiatives
70%Ongoing Operations
and Maintenance
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential12
Value & Client Success Drive Growth
• Introduced
Independent
Support for
PeopleSoft and
JD Edwards
• Expanded
coverage to
Canada
and Europe
• Over 150 clients
• Launched SAP
support
• Expanded
coverage
to Asia Pacific
• Over 225 clients
• Global tax and
regulatory
capabilities
in nearly 200
countries
• Office expansion
to Latin America
• Adams Street
Partners private
equity investment
• Over 275 clients
• 40%+ revenue
growth
• Launched Oracle’s
E-Business Suite
application support
• Filed patent
for proprietary
tax, legal and
regulatory system
• Over 400 clients
• Oracle new sales
increase 200%
YoY
• Launched CNC
Managed
Services for JDE
• Closed first major
U.S. Federal
client
• Rimini Street
founded
• Introduced
third support
for Siebel
•Over 500 clients
• 40% Revenue
growth YoY
• Oracle new sales
growth over 200%
• SAP new sales
growth 165% YoY
• First and only ISO
27001 certified
independent
support provider
• Launched SAP
BusinessObjects
and Oracle Retail
support
IT Vendor
of the Year
Top 12 Most Disruptive
Enterprise IT Vendors
20 Companies to
Watch in 2012
• Over 300 clients
• Signed first seven
figure deal
• General availability
of Rimini Street
Tax Engine
• First and only ISO-
certified provider of
global third-party
enterprise software
support services
CIO Summit, Chicago, March 2014 Property of Rimini Street ©2014 | Proprietary and Confidential13
Choosing Independent support for its ERP application is enabling Valspar
to generate significant savings from its annual support costs and reallocate
a portion of its total global IT budget to focus on strategic growth initiatives.
“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”
– Tom Grooms, vice president and chief information officer of Valspar
Questions?
Questions & Answers
Contact Information:
Sebastian Grady
President & COO
Tel: 510-914-1712
General Contact Info:
Tel: 888-870-9692
www.riministreet.com