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Oracle CRM
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Oracle CRM
Oracle CRM
DeveloperOracle Corporation
TypeCRM software
Websitewww.oracle.com/cx/what-is-crm/ Edit this on Wikidata

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

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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]

Transition to Oracle Advertising and CX

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In 2012, Oracle announced a new cloud-based focus on customer experience (CX) within its CRM business.[5] At the time, CX was a relatively new term and referred to “the notion of providing a much more personalized approach to marketing and support."[5] In 2021, Oracle combined its CX products with those from Oracle Data Cloud and renamed them Oracle Advertising and Customer Experience (CX).[6][7] Oracle Advertising and Customer Experience (CX) is the name of Oracle's CRM system in the cloud.

Oracle CRM and Oracle Advertising and CX functionalities

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Oracle provides the following CRM functionalities in its products:[8]

Oracle's variations of CRM

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Oracle offers different installations of the CRM system:

Oracle CRM acquisitions

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References

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