Oracle Buys BigMachines: stakes and opportunities.
The stakes
and opportunities here turn around the sales automation
technology. In this dynamic, this midday Oracle announced that it has entered
into an agreement to acquire BigMachines, a cloud-based Configure, Price and
Quote (CPQ)
solution provider.
For those who unfamiliar, Connectikpeople may recall that, BigMachines’ CPQ
Cloud aims to accelerate 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.
Henceforth in combination with Oracle’s enterprise-grade cloud solutions,
including Marketing, Sales, Social, Commerce and Service Clouds, Oracle and BigMachines
aim to create an end-to-end smarter selling cloud solution.