Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Rimini Street, Inc. is a global provider of third-party enterprise software support and maintenance services, operating primarily in the enterprise IT services and software support industries. The company offers independent support for mission‑critical enterprise software products, enabling organizations to reduce ongoing IT operating costs while extending the useful life of their existing software investments. Its services are positioned as an alternative to vendor-provided maintenance from large enterprise software publishers.
The company’s primary revenue driver is subscription-based support services for enterprise resource planning (ERP), database, middleware, and related enterprise applications. Rimini Street serves a diverse customer base that includes mid-sized enterprises, large corporations, government entities, and public-sector organizations. Founded in 2005, the company evolved from a niche Oracle support provider into a broader enterprise software support firm, expanding its coverage and global footprint before becoming publicly traded in 2017.
Business Operations
Rimini Street generates revenue primarily through long-term support contracts that provide software maintenance, technical support, and advisory services. Its core business focuses on independent support for enterprise software originally developed by major vendors, including Oracle, SAP, and other enterprise application providers. The company operates through a centralized service delivery model, leveraging proprietary support processes, tools, and knowledge management systems to deliver services globally.
Operations are conducted across both domestic and international markets, with service delivery teams located in multiple regions to support customers around the clock. Rimini Street controls its own service methodologies and customer support infrastructure rather than reselling third-party products. The company operates through wholly owned subsidiaries in various jurisdictions to support local sales, service delivery, and regulatory compliance, and it does not rely heavily on joint ventures for its core operations.
Strategic Position & Investments
Rimini Street’s strategic direction centers on helping organizations optimize IT spend by reallocating resources away from mandatory vendor maintenance toward digital transformation and innovation initiatives. Growth initiatives include expanding support coverage to additional enterprise software products, increasing cross-selling of advisory and managed services, and deepening penetration in regulated industries such as government, education, and financial services.
The company has invested in service automation, knowledge platforms, and global delivery capabilities to enhance scalability and service consistency. Rimini Street has also pursued selective acquisitions and technology investments aimed at expanding its service portfolio, though its strategy has emphasized organic growth and customer retention rather than large-scale mergers. Emerging areas of focus include support for hybrid IT environments and enabling clients to delay or avoid costly software migrations.
Geographic Footprint
Rimini Street is headquartered in North America and maintains a significant operational and customer presence across Europe, Asia-Pacific, Latin America, and the Middle East. The company supports thousands of customers in dozens of countries, reflecting its focus on multinational enterprises and globally distributed public-sector organizations.
Its international footprint includes regional offices, support centers, and local subsidiaries that enable compliance with local regulations and provide region-specific expertise. This global operating model allows Rimini Street to deliver 24/7 support and maintain close relationships with customers across multiple continents.
Leadership & Governance
Rimini Street was founded by Seth Ravin, who has played a central role in shaping its strategy and positioning as an independent enterprise software support provider. The company’s leadership emphasizes customer advocacy, cost efficiency, and long-term value creation through operational discipline and service quality.
Key members of the executive leadership team include:
- Seth Ravin – Chief Executive Officer and Founder
- Corey West – Chief Financial Officer
- Nancy Lyskawa – Executive Vice President, Global Sales
- David Rowe – Chief Product Officer
- Michael Perica – Chief Information Officer
The leadership team and board of directors oversee corporate governance, regulatory compliance, and strategic execution, with a stated focus on transparency, customer trust, and sustainable growth as a publicly traded company.