The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations .(September 2018) |
Company type | Subsidiary |
---|---|
Industry | Configure, price and quote |
Founded | 2000 |
Headquarters | , USA |
Parent | Oracle Corporation |
Website | www |
BigMachines, now Oracle Configure, Price, Quote (CPQ), was a software company founded in 2000 by Godard Abel and Christopher Shutts, [1] which was acquired by Oracle in 2013. The software is designed to integrate with enterprise resource planning (ERP), customer relationship management (CRM), and other business systems to help companies automate the sales process. [2] [3] It specializes in software for configure, price and quote (CPQ). [3] [4] It can be used by internal teams, channel partners, VARs, distributors, customers, and outside representatives and partners. [5]
The company was headquartered in Deerfield, Illinois, US with development offices in San Mateo, California, US and Hyderabad, India. [6]
Vista Equity Partners, a private equity firm based in San Francisco, acquired majority ownership of BigMachines in 2010 through several transactions starting January 2001. [7] Shortly after in 2011, Abel left the company.
Three years later, Oracle Corporation announced it was acquiring BigMachines on October 24, 2013. [8] [9] Oracle kept the product, now called CPQ Cloud. [10]
Oracle CPQ is part of Oracle Sales, a SaaS CRM product that is part of Oracle Advertising and Customer Experience. [10] [11] [12] Oracle Sales capabilities include: [11]
In 2017, Order Management, part of the Oracle Cloud SCM, was integrated with the CPQ Cloud, giving companies the ability to use the SCM Configurator within CPQ. [13]
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. In 2023, the company’s seat in Forbes Global 2000 was 80. The company sells database software and cloud computing. Oracle's core application software is a suite of enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software, enterprise performance management (EPM) software, Customer Experience Commerce and supply chain management (SCM) software.
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NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including accounting and financial management, customer relationship management (CRM), inventory management, human capital management, payroll, procurement, project management and e-commerce software. NetSuite was founded in 1998 with headquarters in Austin, Texas. The company is widely seen as the first cloud computing software company, with its founding pre-dating that of Salesforce by about a month.
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