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Configure, price, quote cloud software owned by Oracle From Wikipedia, the free encyclopedia
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]
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Company type | Subsidiary |
---|---|
Industry | Configure, price and quote |
Founded | 2000 |
Headquarters | , USA |
Parent | Oracle Corporation |
Website | www |
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]
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