BigMachines explained

Type:Subsidiary
Parent:Oracle Corporation
Industry:Configure, price and quote
Location City:Austin, Texas
Location Country:USA

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).[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]

Oracle acquisition

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 as part of Oracle Sales

Oracle CPQ is part of Oracle Sales, a SaaS CRM product that is part of Oracle Advertising and Customer Experience.[11] [12] Oracle Sales capabilities include:

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]

Awards

Notes and References

  1. Web site: Tribune. Erin Chan Ding, Special to the. Executive Profile: Godard Abel, CEO of G2 Crowd. 2020-07-16. chicagotribune.com. 3 March 2014 . en-US.
  2. News: BigMachines Achieves Record Growth in First Half of 2010. 2010-08-05. 2011-04-12. Denverpost.com.
  3. Web site: Oracle buys Deerfield software provider BigMachines . 2022-06-15 . Chicago Tribune. 23 October 2013 .
  4. Web site: Columbus . Louis . 2013-10-23 . Oracle's Big Machines Acquisition Predicts The Future Of Cloud Selling Applications . 2022-06-15 . Forbes . en.
  5. Web site: Daley . J. Bruce . 2013-10-31 . Oracle Buys BigMachines . 2022-06-15 . Constellation Research Inc. . en.
  6. Web site: Vista Equity Partners. 2011-04-12.
  7. News: BigMachines reels in $29 million . CNET news . Melanie Austria Farmer . March 19, 2001 . October 31, 2013 .
  8. Web site: Oracle and BigMachines . Oracle web page . October 31, 2013 .
  9. Web site: Bort. Julie. Source: Oracle Paid Over $400 Million For BigMachines To Grab More Salesforce Customers. 2020-07-16. Business Insider.
  10. Web site: Rath . John . 2014-04-10 . Oracle Strengthens CX Cloud with Big Machines Integration . 2022-06-07 . Data Center Knowledge . en.
  11. Web site: Jepma . William . 2021-08-12 . What's Changed: 2021 Gartner Magic Quadrant for Sales Force Automation . 2022-06-07 . Solutions Review . en-US.
  12. Web site: Chai . Wesley . What is Oracle Customer Experience Cloud (Oracle CX Cloud)? . 2022-06-07 . TechTarget . en.
  13. Web site: 2017-08-14 . Oracle Introduces Major Innovations to Supply Chain Applications . 2022-06-23 . www.scmr.com.
  14. Web site: BigMachines, Inc. wins Start Magazine's Technology & Business Award as Technology Enabler for 2003. 2011-04-12.
  15. News: BigMachines, Inc. Named to the Supply & Demand Chain Executive Top 100. 2011-04-12.
  16. News: 2006 Supply & Demand Chain Executive 100. 2011-04-12. dead. https://web.archive.org/web/20100815095545/http://www.sdcexec.com/online/article.jsp?id=8554&pageNum=3. 2010-08-15.
  17. News: 2007 Supply & Demand Chain Executive 100. 2011-04-12. dead. https://web.archive.org/web/20110505045558/http://www.sdcexec.com/publication/article.jsp?pubId=1&id=9672&pageNum=2. 2011-05-05.
  18. Web site: Inc 500. 2011-04-12.
  19. News: BigMachines Featured in Inc. 5000 List of America's Fastest Growing Companies for Third Consecutive Year. 2010-08-25. 2011-04-12. dead. https://web.archive.org/web/20100826105459/http://www.pymnts.com/bigmachines-featured-in-inc-5000-list-of-americas-fastest-growing-companies-for-third-consecutive-year-20100825005271/. 2010-08-26. Pymnts.com.
  20. News: Inside View Customers Dominate Sales and Marketing 2.0 Awards. 2010-11-11. 2011-04-12. dead. https://web.archive.org/web/20101205232727/http://www.insideview.com/NEWS-PRESS/press-11112010-SalesMarketing.html. 2010-12-05.
  21. Web site: 2010 CODiE Finalists. 2011-04-12. dead. https://web.archive.org/web/20100821114141/http://www.siia.net/Codies/2010/finalist_list.asp. 2010-08-21.

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