Oracle named a Leader in the 2022 Gartner® Magic Quadrant™ for Configure, Price and Quote Application Suites

November 15, 2022 | 4 minute read
Carrie West
Senior Product Marketing Manager, Oracle Advertising and CX
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B2B businesses are facing a new era coming out of the pandemic - buyers expect more and want to be able to buy when, where, and how they want. This shift is driving B2B businesses to accelerate their digital transformation and introduce new business models that enable reoccurring revenue streams, flexible pricing, and mixed orders with physical goods and services, etc.

But closing these deals isn’t easy, particularly when it comes to the time-consuming, manual elements of the quoting process. Developing accurate quotes can be challenging for sellers—especially for high-value deals with complex combinations of products and services. It’s time to retire your legacy quoting platforms and enable sellers to generate quotes with ease.

See why Oracle was named a Leader in the 2022 Gartner® Magic Quadrant™ report. Download your copy today!

For the sixth consecutive year, Oracle was named a Leader in the 2022 Gartner® Magic Quadrant™ for Configure, Price, and Quote Application Suites. Gartner evaluated 15 vendors to help sales leaders identify the right CPQ solution for their needs. We feel Oracle is a Leader yet again based on our strong and constant commitment to innovation.

Oracle named a Leader in the 2022 Gartner® Magic Quadrant™ for Configure, Price and Quote Application Suites

“As the CPQ solution market continues to evolve, we are proud to be listed as a Leader in the 2022 Gartner Magic Quadrant for CPQ for the 6th time.”

"Oracle CPQ is already a powerful platform that supports a wide set of use cases, with the ability to handle complex configurations, flexible pricing models, and large transaction volumes. And we continue to make significant investments in CPQ to build deeper out-of-the-box functionality that enables our enterprise-scale customers to speed their revenue transformation journeys."

— Kartik Raghavan, SVP of Sales, CPQ and Subscription Cloud Development

Help sellers get back to selling

Oracle Configure, Price, Quote is a flexible, scalable CPQ solution that optimizes the selling process for faster sales cycles, margin expansion, improved control, and better customer experience. With over 18 years of research and 10,000+ users, Oracle CPQ is a mature solution proven to work at scale.

One of Oracle's many strengths is our ability to seamlessly integrate with the other applications that help your business drive success. Integrating CPQ into your ERP and CRM systems enables automation throughout the sales process so your reps can spend less time on administrative tasks and more time selling.

Oracle CPQ also supports subscription orders to strengthen customer relationships beyond the initial transaction which supports sellers' on-the-go lifestyle with easy-to-use applications for both computer and mobile devices.

Boost revenue and streamline processes

 With Oracle Configure, Price, Quote (CPQ), your business can expect to benefit by:

  • Improving seller efficiency with real-time data and customer intelligence. 
  • Using artificial intelligence (AI) to recommend products and guide sales reps through up-sell and cross-sell opportunities.
  • Preventing over-discounting with defined pricing parameters.
  • Capturing correct quotes and orders to create accurate downstream fulfillment and processes.
  • Generating renewals and standardizing contracts to maximize continued engagement and margin.

Learn more about Oracle Configure, Price, Quote (CPQ)

Learn more about Oracle Configure, Price, Quote

Note: Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner, Magic Quadrant for Configure, Price and Quote Application Suites, 8 November 2022, Mark Lewis, Dayna Ford Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Oracle.

Carrie West

Senior Product Marketing Manager, Oracle Advertising and CX

Carrie West is a Senior Product Marketing Manager at Oracle. Focused on go-to-market initiatives for Oracle Sales, Carrie has extensive experience in setting strategy, driving execution, and obtaining measurable ROI for marketing and sales initiatives.

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