Rimini Street (RMNI) to Support OSG Through 2029

Rimini Street, Inc. (NASDAQ:RMNI) is one of the 14 Best Technology Penny Stocks to Buy According to Analysts. On June 17, Rimini Street, Inc. (NASDAQ:RMNI) announced that OSG Corporation has extended its contract with the company for support of its Oracle EBS systems through 2029.

OSG Corporation, a global leader in the manufacturing of precision cutting tools, rolling dies, and machine parts, aims to accelerate its growth and profitability goals by extending its contract with Rimini Street, Inc. (NASDAQ:RMNI).

According to the report by Rimini Street, Inc. (NASDAQ:RMNI), OSG Corporation achieved an 8% reduction in total IT operating costs by following the Rimini Smart Path. This freed up resources for OSG Corporation to fund its factory automation initiatives.

Rimini Street, Inc. (NASDAQ:RMNI) a global provider of end-to-end enterprise software support and services. It is a leading third-party support provider for Oracle, SAP, and VMware software.

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Disclosure: None. This article is originally published at Insider Monkey.