BigMachines
{{Short description|Configure, price, quote cloud software owned by Oracle}}
{{notability|Companies|date=September 2018}}
{{Infobox company
| logo = big machines logo.png
| type = Subsidiary
| parent = Oracle Corporation
| industry = Configure, price and quote
| foundation = {{start date and age|2000}}
| revenue =
| location_city = Austin, Texas
| location_country = U.S.
| locations =
| key_people =
| homepage = {{URL|https://www.oracle.com/cx/sales/cpq/}}
}}
BigMachines, now Oracle Configure, Price, Quote (CPQ), was a software company founded in 2000 by Godard Abel and Christopher Shutts,{{Cite web|last=Tribune|first=Erin Chan Ding, Special to the|title=Executive Profile: Godard Abel, CEO of G2 Crowd|url=https://www.chicagotribune.com/business/ct-xpm-2014-03-03-ct-executive-profile-godard-abel-0303-biz-20140303-story.html|access-date=2020-07-16|website=chicagotribune.com|date=3 March 2014 |language=en-US}} 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.{{cite news|url=http://finance.denverpost.com/mng-denver.denverpost/news/read?GUID=14165850|title=BigMachines Achieves Record Growth in First Half of 2010|date=2010-08-05|accessdate=2011-04-12|publisher=Denverpost.com}}{{Cite web |title=Oracle buys Deerfield software provider BigMachines |url=https://www.chicagotribune.com/business/ct-xpm-2013-10-23-chi-big-machines-oracle-20131023-story.html |access-date=2022-06-15 |website=Chicago Tribune|date=23 October 2013 }} It specializes in software for configure, price and quote (CPQ).{{Cite web |last=Columbus |first=Louis |date=2013-10-23 |title=Oracle's Big Machines Acquisition Predicts The Future Of Cloud Selling Applications |url=https://www.forbes.com/sites/louiscolumbus/2013/10/23/oracles-big-machines-acquisition-predicts-the-future-of-cloud-selling-applications/ |access-date=2022-06-15 |website=Forbes |language=en}} It can be used by internal teams, channel partners, VARs, distributors, customers, and outside representatives and partners.{{Cite web |last=Daley |first=J. Bruce |date=2013-10-31 |title=Oracle Buys BigMachines |url=https://www.constellationr.com/blog-news/oracle-buys-bigmachines |access-date=2022-06-15 |website=Constellation Research Inc. |language=en}}
The company was headquartered in Deerfield, Illinois, US with development offices in San Mateo, California, US and Hyderabad, India.{{cite web|url=http://www.vistaequitypartners.com/?q=company/bigmachines|title=Vista Equity Partners|accessdate=2011-04-12}}
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.{{cite news |url= http://news.cnet.com/BigMachines-reels-in-29-million/2110-1017_3-254310.html |title= BigMachines reels in $29 million |work= CNET news |author= Melanie Austria Farmer |date= March 19, 2001 |accessdate= October 31, 2013 }} Shortly after in 2011, Abel left the company.
Three years later, Oracle Corporation announced it was acquiring BigMachines on October 24, 2013.{{cite web |title= Oracle and BigMachines |work= Oracle web page |url= http://www.oracle.com/us/corporate/acquisitions/bigmachines/index.html |accessdate= October 31, 2013 }}{{Cite web|last=Bort|first=Julie|title=Source: Oracle Paid Over $400 Million For BigMachines To Grab More Salesforce Customers|url=https://www.businessinsider.com/oracle-buys-bigmachines-for-400-million-2013-10|access-date=2020-07-16|website=Business Insider}} Oracle kept the product, now called CPQ Cloud.{{Cite web |last=Rath |first=John |date=2014-04-10 |title=Oracle Strengthens CX Cloud with Big Machines Integration |url=https://www.datacenterknowledge.com/archives/2014/04/10/oracle-strengthens-cx-cloud-with-big-machines-integration |access-date=2022-06-07 |website=Data Center Knowledge |language=en}}
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.{{Cite web |last=Jepma |first=William |date=2021-08-12 |title=What's Changed: 2021 Gartner Magic Quadrant for Sales Force Automation |url=https://solutionsreview.com/crm/2021/08/12/whats-changed-2021-gartner-magic-quadrant-for-sales-force-automation/ |access-date=2022-06-07 |website=Solutions Review |language=en-US}}{{Cite web |last=Chai |first=Wesley |title=What is Oracle Customer Experience Cloud (Oracle CX Cloud)? |url=https://www.techtarget.com/searchcustomerexperience/definition/Oracle-Customer-Experience-Cloud-Oracle-CX-Cloud |access-date=2022-06-07 |website=TechTarget |language=en}} Oracle Sales capabilities include:
- Sales force automation
- Sales planning and forecasting
- Customer data intelligence
- Sales performance management
- Subscription management
- Partner relationship management
- Configure, price, quote
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.{{Cite web |date=2017-08-14 |title=Oracle Introduces Major Innovations to Supply Chain Applications |url=https://www.scmr.com/article/oracle_introduces_major_innovations_to_supply_chain_applications |access-date=2022-06-23 |website=www.scmr.com}}
Awards
- 2003 Start Magazine – Technology & Business Award{{cite web|url=http://www.bigmachines.com/start2003.php|title=BigMachines, Inc. wins Start Magazine's Technology & Business Award as Technology Enabler for 2003|accessdate=2011-04-12}}
- 2004,{{cite news|url=http://www.businesswire.com/news/home/20040630005618/en/BigMachines-Named-Supply-Demand-Chain-Executive-Top|title=BigMachines, Inc. Named to the Supply & Demand Chain Executive Top 100|accessdate=2011-04-12}} 2006,{{cite news|url=http://www.sdcexec.com/online/article.jsp?id=8554&pageNum=3|title=2006 Supply & Demand Chain Executive 100|accessdate=2011-04-12|url-status=dead|archive-url=https://web.archive.org/web/20100815095545/http://www.sdcexec.com/online/article.jsp?id=8554&pageNum=3|archive-date=2010-08-15}} 2007{{cite news|url=http://www.sdcexec.com/publication/article.jsp?pubId=1&id=9672&pageNum=2|title=2007 Supply & Demand Chain Executive 100|accessdate=2011-04-12|url-status=dead|archive-url=https://web.archive.org/web/20110505045558/http://www.sdcexec.com/publication/article.jsp?pubId=1&id=9672&pageNum=2|archive-date=2011-05-05}} Supply & Demand Chain – Supply & Demand Chain Executive Top 100
- 2008, 2009, 2010, 2011, 2012 Inc 5000 five-year consecutive Award Winner{{cite web|url=http://www.inc.com/inc5000/profile/bigmachines|title=Inc 500|accessdate=2011-04-12}}{{cite news|url=http://www.pymnts.com/bigmachines-featured-in-inc-5000-list-of-americas-fastest-growing-companies-for-third-consecutive-year-20100825005271/|title=BigMachines Featured in Inc. 5000 List of America's Fastest Growing Companies for Third Consecutive Year|date=2010-08-25|accessdate=2011-04-12|url-status=dead|archive-url=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/|archive-date=2010-08-26|publisher=Pymnts.com}}
- 2010 Sales 2.0 Awards – Best Sales Enablement Program{{cite news|url=http://www.insideview.com/NEWS-PRESS/press-11112010-SalesMarketing.html|title=Inside View Customers Dominate Sales and Marketing 2.0 Awards|date=2010-11-11|accessdate=2011-04-12|url-status=dead|archive-url=https://web.archive.org/web/20101205232727/http://www.insideview.com/NEWS-PRESS/press-11112010-SalesMarketing.html|archive-date=2010-12-05}}
- 2010 Codie award Winner – Best Business Productivity Solution{{cite web|url=http://www.siia.net/CODiEs/2010/finalist_list.asp|title=2010 CODiE Finalists|accessdate=2011-04-12|url-status=dead|archiveurl=https://web.archive.org/web/20100821114141/http://www.siia.net/Codies/2010/finalist_list.asp|archivedate=2010-08-21}}
References
{{Reflist|2}}
External links
- {{Official website|https://www.oracle.com/cx/sales/cpq/}}
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{{DEFAULTSORT:Bigmachines}}
Category:Companies based in Deerfield, Illinois
Category:Software companies based in Illinois
Category:Customer relationship management software companies
Category:Customer relationship management software
Category:Software companies established in 2000
Category:2013 mergers and acquisitions
Category:Defunct software companies of the United States
Category:2000 establishments in the United States