THE APEX TIMES
One NZ uses Rimini Street to support Oracle systems and speed up AI-driven ERP work
The New Zealand telecom and retail provider said it is backing its Oracle “estate” with Rimini Street’s third-party support while pushing forward AI innovation tied to enterprise resource planning (ERP).
One NZ, a major provider of telecommunications and other consumer services in New Zealand, says it is “future-proofing” its Oracle environment by adding Rimini Street support and using that footing to accelerate AI innovation tied to enterprise resource planning, or ERP.
In a June 18 announcement reported by Yahoo Finance, Rimini Street framed the move as a way to reduce the operational disruption and upgrade pressure that can come with staying on Oracle software while simultaneously modernizing data and workflows for AI use cases.
Rimini Street, which trades on the Nasdaq under the ticker RMNI, positions itself as a third-party software support provider. In particular, it highlights ongoing support for enterprise software systems from Oracle, SAP, and VMware, aimed at customers running those platforms in production environments without moving to vendor maintenance contracts or major platform revisions on the vendor’s schedule.
The One NZ announcement also ties the decision to “agentic AI” development. Agentic AI refers to AI systems designed to take actions toward goals, rather than only returning answers, such as by initiating workflows or assisting with operational tasks inside business software. In Rimini Street’s description, this is connected to its ERP-focused approach, which it says is meant to help organizations apply AI to core business processes.
Rimini Street’s market pitch is that companies can sustain older or customized ERP deployments, keep critical operations stable, and create an environment where AI tools can be integrated without waiting for full-scale replacement projects. For firms that rely on Oracle-based systems for finance, operations, and other back-office functions, that stability can matter as business units test AI applications.
While Oracle is central to the story, Oracle itself did not make a statement in the materials associated with this report. The mention of “Oracle estate” and “Oracle” in the One NZ announcement appears to refer to the company’s installed Oracle software footprint and ongoing reliance on that platform.
What is not disclosed in the Yahoo Finance report is the scope of One NZ’s implementation, including which specific Oracle modules or versions are involved, whether One NZ is adopting Rimini Street support for all environments or only selected applications, and what near-term ERP and AI deliverables are targeted.
The company also did not specify timelines, costs, or performance benchmarks in the portion of the announcement available through the reported posting. As a result, investors and customers are left with a high-level narrative about operational continuity and AI acceleration rather than quantified outcomes.
For the next phase, observers will likely look for additional detail on how One NZ plans to integrate AI into its Oracle-based ERP processes, and whether it expands the initiative beyond support into broader data and automation initiatives. Rimini Street, for its part, will want to show that its third-party support and agentic AI approach can translate into repeatable enterprise deployments across regulated and operations-heavy industries.
Why It Matters
- Enterprises running Oracle systems often face upgrade and maintenance decisions that can compete with AI and process modernization timelines. Initiatives like this suggest customers may seek stability first and modernization in parallel.
- Third-party support providers, including Rimini Street, continue to market themselves as an alternative to vendor maintenance dynamics for large ERP footprints.
- If One NZ follows through on AI integration tied to its Oracle ERP, it could offer a practical reference point for how organizations pair operational continuity with agentic AI experimentation.
- The lack of disclosed numbers means the market impact for both One NZ and Rimini Street will likely depend on future updates, such as scope expansion or performance results.
Sources
Key Facts
- One NZ said it is future-proofing its Oracle “estate” with Rimini Street support, according to a June 18 report published by Yahoo Finance.
- Rimini Street, which trades as RMNI, is described as a third-party support provider for Oracle, SAP, and VMware software.
- The announcement links the Oracle support effort to accelerating AI innovation connected to ERP.
- The report characterizes the AI work in terms of “agentic AI,” meaning AI systems designed to act toward goals in workflows.
- The Yahoo Finance posting does not provide specific scope, costs, timelines, or measurable outcomes for the One NZ initiative.
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