Oracle Buys SaaS-based CPQ Provider BigMachines to Bring Smarter Selling to its Cloud
Grazed from WHIR. Author: Dave Hamilton.
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Oracle has bought cloud-based Configure, Price and Quote solution provider BigMachines, which will make Software as a Service CPQ tools available to its enterprise customers. BigMachines is Oracle’s latest in a string of SaaS developers including Eloqua, RightNow and Taleo.
BigMachines’ CPQ Cloud essentially automates and streamlines the sales order process for product complexity or pricing complexity. Price quotes and order fulfillment information can also be integrated with CRM software to give account managers crucial information and back-end business suites the information they need to fulfill orders. BigMachines co-founder Godard Abel said in a phone interview, “Oracle is now catching up in SaaS and in the cloud by buying companies.”…

