Oracle CPQ Cloud Customers Can Use Zilliant Price IQ to Turn Data into Actionable Pricing Intelligence, Accelerating Profitable Growth

Zilliant, an industry leader in intelligent B2B price optimization, price management and sales guidance software, and Gold level member of Oracle PartnerNetwork (OPN), announced that its price optimization application, Price IQTM has achieved Integrated with Oracle Cloud status and is now available in the Oracle Cloud Marketplace offering added value to Oracle CPQ Cloud customers. Zilliant Price IQTM uses advanced pricing science, including artificial intelligence and machine learning, to generate market-aligned, dynamic prices that maximize margin or revenue.

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By integrating Price IQ with Oracle CPQ Cloud via Zilliant’s high-availability robust REST API, IQ AnywhereTM, Oracle CPQ Cloud customers can improve the speed and effectiveness of pricing decisions within their quoting process. Pricing teams using Price IQ are able to set optimized, market-aligned prices that are contextually relevant for every selling circumstance. Further, they are empowered to more quickly and intelligently respond to changes in market conditions, run pricing what-if scenarios to determine the predicted revenue and margin impacts various pricing strategies, publish prices in real-time directly into Oracle CPQ Cloud, and measure the impact of pricing strategies on business performance. Sales teams benefit from having the most competitive, market-aligned prices on-hand that account for each unique selling circumstance when creating a quote and beginning negotiations using Oracle CPQ Cloud. Sales reps can also review relevant market analytics and integrate with existing Oracle CPQ Cloud price gauges.

The Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications offering unique business solutions, including ones that extend Oracle Cloud Applications. Oracle Cloud is a Generation 2 enterprise cloud that delivers massive, non-variable performance and next generation security across a comprehensive portfolio of services including SaaS, application development, application hosting, and business analytics. Customers get access to leading compute, storage, data management, integration, security, HPC, artificial intelligence (AI), and Blockchain services to augment and modernize their critical workloads. Oracle Cloud runs Oracle Autonomous Database, the industry’s first and only self-driving database.

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“With its ability to set optimal prices in real-time for every selling circumstance, Price IQ is a highly complementary solution to the streamlined quoting capabilities of Oracle CPQ Cloud; we look forward to helping our shared customers reimagine how to tackle their complex quoting and pricing challenges,” said Greg Peters, president and chief executive officer, Zilliant. “Zilliant’s participation in the Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables customers to easily reap the benefits of Price IQ. We look forward to leveraging the power of the Oracle Cloud to help us achieve our business goals.”

“The cloud represents a huge opportunity for our partner community,” said David Hicks, vice-president, Worldwide ISV Cloud Business Development, Oracle. “Zilliant’s commitment to innovation with the Oracle Cloud and quality execution helps our mutual customers receive cloud-enabled price optimization solutions ready to meet critical business needs.”

Integrated with Oracle Cloud status recognizes OPN member solutions that have been tested or verified to integrate with Oracle Cloud Applications.

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