Opportunities Through Oracle’s Acquisition of BigMachines

Opportunities Through Oracle's Acquisition of BigMachines

Oracle's Acquisition of BigMachines

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  • The combination of Oracle and BigMachines is expected to drive more sales and increase customer satisfaction with integrated end-to-end processes from marketing and sales, to pricing and quoting, to fulfillment and service.
  • BigMachines’ leading CPQ cloud will be an important addition to Oracle's enterprise-grade cloud solutions, including Marketing, Sales, Social, Commerce and Service Clouds.

On October 23, 2013, Oracle announced that it has agreed to acquire BigMachines, a leading cloud-based Configure, Price & Quote (CPQ) solution provider.

The transaction has closed.

BigMachines' CPQ Cloud accelerates the conversion of sales opportunities into revenue by automating the sales order process with guided selling, dynamic pricing, and an easy-to-use workflow approval process, accessible anywhere, on any device. More than 275 organizations of all sizes across a wide range of industries rely on BigMachines' CPQ Cloud to streamline their sales processes.

Companies that use sales automation technology rely on manual, cumbersome and disconnected processes to convert opportunities into orders. This creates errors, adds costs, delays revenue, and degrades the customer experience. BigMachines' CPQ cloud extends sales automation to include the creation of an optimal quote, which enables sales personnel to easily configure and price complex products, select the best options, promotions and deal terms, and include up sell and renewals, all using automated workflows.

In combination with Oracle's enterprise-grade cloud solutions, including Marketing, Sales, Social, Commerce and Service Clouds, Oracle and BigMachines will create an end-to-end smarter selling cloud solution so sales personnel are more productive, customers are more satisfied, and companies grow revenue faster.

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