MARKET WIRE NEWS

Cubic Corporation Optimizes SAP Support with Rimini Street to Accelerate Modernization

MWN-AI** Summary

Cubic Corporation, a technology provider for defense and transportation, has engaged Rimini Street to optimize its SAP support while pursuing modernization strategies. Instead of undertaking an expensive upgrade to S/4HANA, Cubic is maintaining its SAP ECC system as a stable core, allowing for resource reallocation towards advanced automation and AI initiatives across its application landscape. This strategic partnership seeks not only to reduce costs but also to enhance efficiency, as evidenced by improvements in touchless invoice processing and a decrease in manual accounts payable interventions.

By leveraging Rimini Street’s support services, Cubic enjoys substantial cost savings—50% off its SAP annual maintenance fees—while gaining access to dedicated support from SAP experts around the clock. Rimini’s tailored approach ensures that Cubic retains full control over its SAP roadmap and accelerates its modernization efforts. Jack Lidington, Cubic's director of enterprise applications, emphasizes the partnership's value in transforming their operational readiness and mobility capabilities.

The collaboration allows Cubic's internal teams to focus on strategic initiatives rather than day-to-day support needs, effectively shifting resources towards higher-value projects. Rimini Street's Industry-leading Legislature-to-Live updates and personalized security services further bolster Cubic's operational resilience, ensuring compliance and data protection.

Eric Helmer, EVP and global CTO at Rimini Street, commended Cubic’s forward-thinking approach, underscoring the importance of strategic growth without the disruption typically associated with vendor-driven upgrades. Overall, this partnership exemplifies a successful model for modernizing enterprise systems affordably and efficiently, positioning Cubic for future innovation and competitiveness in the defense and mobility sectors.

MWN-AI** Analysis

Cubic Corporation's partnership with Rimini Street represents a promising case study in strategic enterprise resource planning (ERP) optimization. By adopting a composable ERP strategy and maintaining SAP ECC as a stable core, Cubic is positioning itself to maximize operational efficiency without the heavy burden of costly upgrades. This decision not only allows for significant budgetary savings—reportedly 50% on maintenance fees—but also opens avenues for reinvestment into innovative solutions like artificial intelligence and automation technologies.

For investors and stakeholders, this approach presents a forward-thinking model worth considering. The trend towards third-party support providers, like Rimini Street, suggests a shift in how companies manage their support strategies, highlighting the potential for reduced operational costs coupled with improved flexibility in technology roadmaps. Companies that prioritize partnerships allowing for such strategic autonomy, as exemplified by Cubic, are likely to experience accelerated modernization and a competitive edge in their respective industries.

Moreover, Cubic’s focus on automation—evidenced by enhancements in invoice processing—could yield smoother operational workflows, ultimately translating to faster decision-making and improved profitability. The ability to pivot internal resources from routine support toward innovation initiatives positions Cubic as a leader in operational agility.

As the technology landscape continues to evolve, investors should monitor the performance of Rimini Street and its clients closely. The company’s ability to drive substantial cost savings while enabling modernization initiatives could positively influence its market valuation. In essence, Cubic Corporation illustrates the importance of strategic technology partnerships to harness the benefits of innovation without the disruptions typically associated with ERP upgrades. Investors should remain vigilant for similar trends across other enterprises looking to enhance competitive viability through intelligent operational restructuring.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Adopting a composable ERP strategy with the support of Rimini Street, Cubic maintains SAP ECC as a stable core while pursuing modernization and automation initiatives across its broader application landscape — without the need for costly, disruptive upgrades

Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced Cubic Corporation, innovation technology provider for the defense and transportation industry, has partnered with Rimini Street to support its strategy to modernize while maintaining SAP ECC as a stable core and to explore AI and automation initiatives across its broader application landscape.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260218871248/en/

Cubic Corporation Optimizes SAP Support with Rimini Street to Accelerate Modernization

The strategy to forgo an expensive upgrade to S/4HANA and instead support and optimize its systems with Rimini Street has enabled Cubic to free up significant resources of people, time and money to reinvest in feature-rich applications, leading-edge AI technologies and efficiency initiatives, including improving touchless invoice processing rates and reducing manual intervention in its accounts payable process.

“As a result of partnering with Rimini Street, we now have full control over our SAP roadmap and a stronger foundation to move faster on modernization, automation and AI initiatives,” said Jack Lidington, director of enterprise applications, Cubic Corporation. “They operate as an extension of our support model – helping us stay secure, compliant and ready while we drive the transformation.”

Better Support for SAP, More Budget and Bandwidth for Transformation

Beyond the immediate cost savings of 50% off its SAP annual maintenance fees, Cubic experienced added benefits that continue to reduce operating costs and redundancy, and keep systems in top performance.

With Rimini Support™ for SAP , Cubic has access to a primary support engineer backed by a team of global SAP experts, available 24/7/365, with SLA-backed response targets for critical issues. Support for customizations, industry-leading Legislature-to-Live™ tax, legal and regulatory updates, and proactive, personalized security services to keep critical data and ecosystems protected, add to the list of reasons why Cubic sees Rimini Street as its strategic ally.

Rimini Street has also helped Cubic shift internal team capacity from day-to-day support needs toward higher-value roadmap and modernization initiatives, including evaluating opportunities for automation and AI.

“As a company whose mission is to provide innovative solutions that improve operational readiness and mobility worldwide, finding the right partner who can support that vision was a key factor as to why we selected Rimini Street,” said Lidington. “Rimini Street has a tailored approach, different than other vendors. They understand our existing technology stack and support us as we move from where we are today to where we’re headed.”

“Cubic Corporation exemplifies what it means to be a forward-thinking enterprise – strategically accelerating toward growth and profitability while sidestepping the costly, disruptive cycle of vendor-driven upgrades,” said Eric Helmer, EVP and global CTO at Rimini Street. “We’re proud to serve as a trusted advisor and support partner to the Cubic team, delivering measurable value and working side-by-side to help realize their bold vision for the future of the defense and mobility industry.”

Learn more about how Cubic Corporation turns SAP into a springboard for innovation with Rimini Street.

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation.

To learn more, please visit www.riministreet.com , and connect with Rimini Street on X , Facebook , Instagram , and LinkedIn .

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “forecast,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “goal,” “potential,” “predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, litigation, agreements and Court orders involving Oracle, the wind down of support services for Oracle’s PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; changes in the business environment in which Rimini Street operates, including the impact of macro-economic trends, geopolitical tensions and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry and our intentions with respect to our pricing model; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our expectations regarding new product offerings, partnerships and alliance programs, including but not limited to our partnership with ServiceNow and our Agentic AI ERP innovation solutions; our ability to grow our revenue and accurately forecast revenue, along with the results of any efforts to manage costs to align with revenue expectations and expansion of our offerings; the expected impact of reductions in our workforce during the last and current fiscal year and associated reorganization costs; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain additional qualified personnel; our business plan and ability to grow in the future and our ability to achieve and maintain profitability; the volatility of our stock price; our need and ability to raise equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats; any deficiencies associated with artificial intelligence (AI) technologies used by us or by our third-party vendors and service providers or incorporated by us into our service offerings and/or our Agentic AI ERP innovation solutions; our ability to protect the confidential information of our employees and clients and to comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take; tariff costs, including tariff relief or the ability to mitigate tariffs, in light of new or increased tariffs imposed by the United States government and the potential for retaliatory trade measures by affected countries; a failure by us to establish adequate tax reserves; adverse developments in and costs associated with defending pending litigation or any new litigation; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our ability to maintain our good standing with the United States government and international governments, capture new contracts with governmental entities and maintain our status as an approved United States government contractor; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on October 30, 2025, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

© 2026 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260218871248/en/

Janet Ravin
VP, Corporate Marketing
Rimini Street, Inc.
+1 702 285-3532
pr@riministreet.com

FAQ**

How does Rimini Street Inc. (RMNI) facilitate the modernization and automation initiatives for Cubic Corporation while allowing them to maintain SAP ECC as a stable core?

Rimini Street Inc. (RMNI) supports Cubic Corporation's modernization and automation efforts by providing third-party support for SAP ECC, enabling them to enhance their technology landscape while ensuring the stability and reliability of their existing core ERP system.

What specific AI and automation opportunities has Cubic Corporation identified through its partnership with Rimini Street Inc. (RMNI), and how do they plan to implement these?

Cubic Corporation, through its partnership with Rimini Street Inc., has identified opportunities in AI-driven analytics and automation for optimizing transport and defense systems, planning implementation via enhanced data integration, operational efficiency, and customer-focused solutions.

Can you elaborate on the cost savings Cubic Corporation has achieved by choosing Rimini Street Inc. (RMNI) for SAP support instead of upgrading to S/4HANA?

Cubic Corporation has realized significant cost savings by opting for Rimini Street's SAP support, avoiding the expensive upgrade to S/4HANA while still receiving essential maintenance and support services tailored to their legacy system needs.

In what ways does Rimini Street Inc. (RMNI) tailor its support to align with Cubic Corporation's current technology stack and future transformational goals?

Rimini Street Inc. customizes its support for Cubic Corporation by providing tailored service agreements, integrating seamlessly with existing technologies, and offering strategic guidance to enhance operational efficiency and innovation aligned with Cubic's transformational objectives.

**MWN-AI FAQ is based on asking OpenAI questions about Rimini Street Inc. (NASDAQ: RMNI).

Rimini Street Inc.

NASDAQ: RMNI

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