A million dollars a year is a lot of money, yet colleges can hand over that much or more every year to software companies that supply and maintain essential systems for accounting, human resources, and student enrollment. Now, fed up with the fees, some colleges are ditching giant vendors for a small company that promises to support this software at half the price.
But a deal that sounds too good to be true may turn out to be just that.
Cost-conscious colleges are caught in the cross-fire of a legal battle between Rimini Street, the low-cost maintenance provider, and Oracle, a software powerhouse that serves hundreds of higher-education customers. In January, Oracle sued Rimini Street for running what Oracle calls an “illegal” and “corrupt” business model.
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