Oracle CRM

From Wikipedia, the free encyclopedia

Oracle CRM is a customer relationship management system created by Oracle Corporation.[1] It includes a number of different cloud applications that can be deployed together or used individually to analyze customer data and help companies connect and manage sales, marketing, and customer support.[1][2]

History[]

Oracle hired Mark Barrenechea in 1997 to build a CRM development team.[3] That development team evolved into the CRM division of Oracle in 1998, the first year that Oracle CRM was released.[4] Later, Barrenechea was responsible for the CRM half of Oracle’s E-Business Suite (EBS) when he helped to bridge the separation between CRM and ERP by creating a single database that covered marketing, sales, order management, and accounting. This allowed Oracle to automate the entire CRM business flow, from lead to billing.[3]

Oracle acquired Siebel Systems in September 2006 and later acquired UpShot CRM.[citation needed]

Variations of Oracle CRM[]

Oracle offers different installations of the CRM system:

  • On premises system
  • On demand[5] / Software as a Service subscription
  • Social CRM[6]
  • PeopleSoft Enterprise CRM (formerly owned by PeopleSoft, which was acquired by Oracle in 2005)[7]

References[]

  1. ^ Jump up to: a b "Breaking Down Oracle CRM: A Comprehensive Guide". Top Business Software Resources for Buyers - 2021 | Software Advice. 2016-04-05. Retrieved 2021-08-20.
  2. ^ "Why CX System vs. CRM System?". Anodius. 2019-11-08. Retrieved 2021-08-20.
  3. ^ Jump up to: a b Symonds, Matthew (2003). Softwar : an intimate portrait of Larry Ellison and Oracle. New York: Simon & Schuster. ISBN 0-7432-2504-X. OCLC 52638805.
  4. ^ "What is Oracle Customer Experience Cloud (Oracle CX Cloud)?". SearchCustomerExperience. Retrieved 2021-09-01.
  5. ^ Oracle CRM On Demand
  6. ^ Oracle innovates with Social CRM – ZDNet blogs
  7. ^ PeopleSoft Customer Relationship Management (CRM) Applications | Oracle
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