Siebel Systems
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Oracle Corporation | |
Type of Company | Public (NASDAQ: ORCL) |
---|---|
Founded | California, USA (1977)[1] |
Headquarters | Redwood Shores, California, USA |
Key people | Lawrence (Larry) J. Ellison, CEO Jeffrey O. Henley, Chairman Safra A. Catz, President/CFO Chuck Phillips, President |
Industry | Software & Programming |
Products | Oracle Database Oracle eBusiness Suite Oracle Application Server Oracle JDeveloper Oracle ADF Oracle Collaboration Suite Oracle Enterprise Manager |
Revenue | $11.799 billion USD (2005) |
Operating income | $4.022 billion USD (2005) |
Net income | $2.886 billion USD (2005) |
Employees | 49,872 (2005) |
Slogan | Information driven |
Website | www.oracle.com |
Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications.
Siebel systems aquired Keith Raffel's company, UpShot (a competitor to salesforce.com) in October 2003.
On September 12, 2005, it was announced that Oracle Corporation had agreed to buy Siebel Systems for $5.8 billion.[2][3]
Contents |
[edit] CRM market leader
Siebel Systems was the dominant CRM vendor in the late 1990s, peaking at 45% of the CRM market share in 2002.[4][5] While Siebel Systems was viewed as having an excellent software architecture and CRM feature set, it came to be seen after 2002 as having a high total cost of ownership (TCO). While very flexible, it was complex to configure and narrow in its feature set to only CRM, rather than addressing the broad range of sale force automation needs (human resources (HR), financial, enterprise resource management (ERP)). While open and highly customizable, it was nonetheless viewed as requiring time and highly skilled software integrators to deploy and connect to other sales force automation products.
Siebel System competed directly with Oracle and SAP. These competing software suites gradually developed HR, Financial and ERP packages that were readily integrated and thus did not require specialists to deploy, enabling them to steadily erode Siebel's market share.
[edit] Major releases
- Oracle Siebel 8.0 (planned, including integration with Oracle's Fusion Software)
- Oracle Siebel 7.8
- Siebel 7.7
- Siebel 7.5
- Siebel 7.0
- Siebel 6 (also known as Siebel 2000)
- Siebel 99
- Siebel 98
[edit] Notes
- ^ Oracle.com FAQ, oraFAQ.com
- ^ Oracle Completes Acquisition Of Siebel Oracle Press Release
- ^ Oracle to swallow Siebel for $5.8 billion
- ^ Rivals vie for Siebel's customer spoils
- ^ Reference customers slam Siebel