BigMachines
| Company type | Subsidiary |
|---|---|
| Industry | Software (Configure, Price, Quote - CPQ) |
| Founded | 2000 |
| Founder | Godard Abel, Christopher Shutts |
| Fate | Acquired by Oracle Corporation in 2013 |
| Successor | Oracle Configure, Price, Quote (Oracle CPQ Cloud) |
| Headquarters | Deerfield , United States |
Area served | Worldwide |
Key people | Godard Abel (founder, exited 2011) |
| Products | Configure, Price, Quote software |
| Owner | Oracle Corporation |
| Parent | Oracle Corporation |
BigMachines, currently known as Oracle Configure, Price, Quote (CPQ), was established in 2000 by entrepreneurs Godard Abel and Christopher Shutts. In 2013, Oracle Corporation acquired the firm, which focuses on CPQ software that seamlessly integrates with enterprise resource planning (ERP), customer relationship management (CRM), and various other business platforms to streamline sales workflows. Its offerings cater to internal departments, channel partners, VARs, distributors, clients, and external agents.
The company’s headquarters are located in Deerfield, Illinois, complemented by development centers in San Mateo, California and Hyderabad, India. Prior to its acquisition, BigMachines had secured a notable position within the configure-price-quote software industry.
Oracle acquisition
Following initial investments beginning in 2001, Vista Equity Partners, a private equity firm based in San Francisco, took majority control of BigMachines in 2010. Founder Godard Abel exited the company in 2011. On October 24, 2013, Oracle declared its purchase of BigMachines for an amount exceeding $400 million to enhance its cloud-based sales applications and bolster its customer experience cloud portfolio. Subsequently, the product was renamed Oracle CPQ Cloud and incorporated into Oracle’s worldwide operations.
Oracle CPQ as part of Oracle Sales
Oracle CPQ functions as a component within Oracle Sales, a SaaS CRM platform under the umbrella of Oracle Advertising and Customer Experience. Oracle Sales delivers features such as sales force automation, sales forecasting and planning, customer data analytics, sales performance management, subscription handling, partner relationship management, alongside configure, price, quote (CPQ) capabilities. In 2017, the integration of Oracle Cloud SCM's Order Management with CPQ Cloud allowed businesses to utilize the SCM Configurator within CPQ for more efficient process management.
Awards
- 2003 Technology & Business Award from Start Magazine
- Supply & Demand Chain Executive Top 100 recognition in 2004, 2006, and 2007
- Inc. 5000 Award for five consecutive years from 2008 through 2012
- Best Sales Enablement Program at the 2010 Sales 2.0 Awards
- 2010 CODiE Award for Best Business Productivity Solution