Oracle previews on-demand 'social' CRM module

June 10, 2008, 05:09 PM —  IDG News Service — 

Oracle is giving the industry another peek at the first in a planned wave of
social networking-infused CRM (customer relationship management) applications
this week at the Enterprise 2.0 conference in Boston, but did not supply a release
date.

Oracle Sales Prospector, which Oracle first previewed back at its OpenWorld
show in November 2007, will ship sometime this quarter, according to Mark Woollen,
vice president of CRM development at Oracle, which means anywhere from now to
August under Oracle's financial calendar.

The software is supposed to help salespeople find the best leads by analyzing
the buying history of companies, based on private and public information. Users
contribute data from their sales transactions, which over time improves the
database and leads to better recommendations, according to Oracle.

Such a concept banks on the contrary-seeming notion that salespeople -- often
competitive souls by nature -- will buy into the idea of sharing potentially
valuable information with their peers.

Woollen suggested it will be possible for users to create a "mutual back-scratching
society," while acknowledging that they probably won't give away their
"book of business" wholesale.

The software features a flashier user interface than typically seen in many
CRM systems. On the back end, it is based on the company's Fusion Middleware
platform and employs Oracle's data mining technology for analysis, according
to Woollen.

But it should "not necessarily" be viewed as the first offering in
the long-anticipated wave of Fusion Applications, the vendor's next-generation
product line that will gradually replace its current family of software, Woollen
said.

That's because Prospector is focused on social networking, as opposed to being
a mainline CRM product, he said.

The second version of Sales Prospector will add integrations with transactional
CRM systems, including Oracle's Siebel offerings and Salesforce.com, which will
enable users who pinpoint a good lead in Prospector to "promote the prospect
to an opportunity," Woollen said.

While Oracle is positioning the product as able to complement "virtually
any" CRM system, Oracle plans to focus on selling to its own user base,
but is also anticipating referrals from one user to another, Woollen said.

The company plans to release updates roughly twice a year, he said. Oracle
declined to provide pricing information.

Additional "social CRM" modules are in the pipeline. They include
Sales Campaigns, for creating and analyzing e-mail marketing efforts; and Sales
Library, which revolves around sharing and rating sales presentations.

IDG News Service

I like it!
Post a comment
The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.
Resources
White Paper

Symantec Backup Exec 12 and Backup Exec System Recovery 8 deliver industry leading Windows data protection and system recovery. Download this whitepaper to find out the top reasons to upgrade and how to get continuous data protection and complete system recovery.

Webcast

Data and system loss — from a hard drive failure, malicious attack, natural disaster, or simple human error — can happen anytime. Don’t leave your business vulnerable. Make sure you have a secure recovery strategy in place. Symantec's latest backup and system recovery technology can efficiently restore critical applications, individual emails and documents and even restore your entire system in minutes in the event of a loss.

White Paper

Businesses face a growing challenge to ensure that the IT environment is properly protected. Backup Exec 12 integrates with other applications in the Symantec family of products, to complement your current data protection strategy, keep your data securely backed up and make it recoverable when you need it most.

Free stuff

Enterprise 2.0 Implementation
By Aaron C. Newman, Jeremy Thomas
Published by McGraw-Hill
Learn more!

Deploying Cisco Wide Area Application Services
By Zach Seils, Joel Christner
Published by Cisco Press
Learn more!

Featured Sponsor

AISO founders envisioned a Web hosting company that was environmentally friendly. While the company employed energy-efficient innovations like solar panels, its infrastructure produced unacceptable power and cooling requirements. Find out how AISO leveraged AMD technology to overcome their challenge in this case study white paper.

In this whitepaper, Scalar explores the opportunity to change the landscape with respect to mission critical databases built around Oracle. Leveraging technologies such as Linux, high-end commodity processing power and Oracle RAC technology to architect, design, build and maintain database infrastructure that delivers maximum availability, reliability and performance at a fraction of traditional cost.

On a typical day, weather.com, the Web site for The Weather Channel in Atlanta, serves up between 15 million and 20 million page views. But in September 2004, when back-to-back hurricanes ransacked Florida, the peak traffic on one day more than tripled: over 70 million page views by more than 7 million unique visitors. Read the full success story now.

More Resources