Report highly rated Oracle Configure, Price,
Quote (CPQ) for "Completeness of Vision" and "Ability
to Execute"
AUSTIN,
Texas, Jan. 31, 2024 /PRNewswire/ -- Oracle
has been named a Leader in the 2023 Gartner® Magic Quadrant™ for
Configure, Price, and Quote Applications for Oracle Fusion
Cloud Configure, Price, Quote (CPQ), part of Oracle Fusion Cloud
Customer Experience (CX), for the seventh consecutive year. A copy
of the report is available here.
Gartner defines configure, price, and quote (CPQ) applications
as software that enables sales organizations to automate and
optimize the creation of quotes and capture of orders. Of the 16
companies evaluated, Oracle was recognized as a Leader based on
"Completeness of Vision" and "Ability to Execute."
"Many organizations still require their salespeople to navigate
complex technical and process challenges to serve their customers.
As a result, salespeople spend too much time on making quotes
rather than making quota," said Kartik Raghavan, senior vice
president, applications development, Oracle. "With Oracle CPQ,
salespeople can quickly configure and price complex products or
services, while avoiding errors and taking advantage of upsell,
cross sell, and renewal opportunities. We believe that being named
a Leader acknowledges our on-going investment in CPQ and our
commitment to helping organizations maximize revenue and improve
operational efficiency."
Oracle CPQ, built to include powerful artificial intelligence
functions and running natively on Oracle Cloud Infrastructure,
helps organizations from all industries shorten sales cycles and
lower operational costs by enabling them to automate and optimize
configuration, pricing, and quotation models. Oracle CPQ is part of
Oracle Cloud CX, an integration suite of applications that helps
organizations connect data and workflows across marketing, sales,
and service to make every customer interaction matter. Read
more about these results and please visit
oracle.com/cx to learn how Oracle Cloud CX can help
organizations improve the customer experience and build brand
loyalty.
Join Thousands of Happy Customers
Gartner® Peer Insights™ provides verified customer ratings and
peer reviews. As of January 10, 2024,
Oracle Cloud CX customer reviews include:
- "Oracle is providing a user friendly platform for all your
sales and CRM at one go." – Associate, Finance industry (Read Full
Review)
- "The suite offers capabilities for customer data management,
allowing businesses to centralize and leverage customer data from
various sources. This data can be used to gain insights into
customer behavior, preferences and engagement across different
touchpoints, enabling personalized marketing and improved customer
experiences." – International Account Manager, Consumer Goods
industry (Read Full Review)
- "Overall, I have a positive experience with Oracle Advertising
and Customer Experience. It is a comprehensive suite of
applications that can help business of all sizes to create, manage,
serve and nurture lasting customer relationships." – Presale
Engineer, Telecommunication industry (Read Full Review)
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and service mark, PEER INSIGHTS and MAGIC QUADRANT is a registered
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reserved.
Gartner, Magic Quadrant for Configure, Price and Quote
Applications Published 11 December
2023. Analysts: Mark Lewis,
Dayna Radbill
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in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
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About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at www.oracle.com.
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SOURCE Oracle