Rimini Street (RMNI) Partners With One New Zealand, Here’s What You Need to Know
Yahoo Finance ·
Rimini Street (RMNI) Partners With One New Zealand, Here’s What You Need to Know Talha Qureshi Fri, July 3, 2026 at 9:12 AM EDT 2 min read RMNI Rimini Street, Inc. (NASDAQ: RMNI ) is one of the Best Rising Penny Stocks to Buy According to Wall Street Analysts . Recently, on June 18, Rimini Street, Inc. (NASDAQ:RMNI) announced its partnership with One New Zealand to manage and stabilize its Oracle software systems. One New Zealand is a major telecommunications company that serves more than 2 million customers. The partner, One New Zealand, noted choosing the company based on a previous positive experience and highlighted the need to keep core systems secure and reliable while freeing up the team to focus on AI-driven transformation and innovation projects. In this partnership, Rimini Street will provide dedicated engineering support, guaranteed fast response times, and cost savings of up to 90% compared to standard vendor support. Management noted that a key win came when Microsoft ended support for Internet Explorer 11, which One NZ's CRM depended on. Rimini Street's interoperability solution allowed the CRM to run on modern browsers like Chrome and Edge seamlessly. Moreover, the company also helped One NZ migrate its billing engine to new hardware without disruption. Rimini Street Inc. (NASDAQ:RMNI) is a software support provider, covering Oracle and SAP enterprise solutions. The company delivers managed services, enterprise software services, Agentic AI, and other solutions. It also offers an array of other solutions, including Rimini Agentic UX, Rimini Support, Rimini Manage, and Rimini Protect. While we acknowledge the potential of RMNI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: Top 10 Large-Cap Stocks to Invest In At 52-Week Lows and 12 High Growth Semiconductor Stocks to Buy Now . Disclosure: None. Follow Insider Monkey on Google News .
DYAX Investor Sentiment
Bullish (Long) 62% · Bearish (Short) 38%
281 participants
Related News
- AXT signs three-year supply agreement with Coherent
- How Greg Abel Is Already Reshaping Berkshire Hathaway's Playbook
- Where Will SpaceX Be in 100 Years?
- Alibaba bars employees from using Anthropic's Claude Code
- Microsoft Launches AI Adoption Firm
- Meta Is Reportedly Building a Cloud Business to Rival Amazon and Microsoft -- and a Way to Make Its Massive AI Bet Pay Off