Rimini Street, Inc. (RMNI) Tapped by Korean Broadcaster to Accelerate AI Vision

Core Insights - Rimini Street, Inc. (NASDAQ:RMNI) is recognized as a promising investment in the AI sector, particularly following its recent partnership with the Korean Broadcasting System (KBS) [1][2] - The collaboration allows KBS to maintain its existing SAP ECC 6.0 system, avoiding an upgrade to S/4HANA, while also cutting annual software maintenance fees by 50% [2][3] - KBS plans to utilize Rimini Street's extensive organizational data, accumulated over 20 years, to enhance AI projects aimed at improving program time to market and operational efficiency [2][3] Company Overview - Rimini Street, Inc. specializes in AI-powered applications and services that enhance enterprise software support and automation for clients [3] - The company's AI applications are designed to identify issues, assign suitable engineers to cases, detect anomalies, and utilize historical data to expedite issue resolution [3] Strategic Partnership - The partnership with KBS is seen as a strategic move to support KBS's AI vision while leveraging existing systems rather than incurring costs for new upgrades [2][3] - KBS's IT director emphasized that the customized SAP ECC 6.0 system is a competitive differentiator, providing valuable data for AI initiatives [3]