Oracle® Incentive Compensation Receives Positive Rating from Leading Analyst Firm
REDWOOD SHORES, Calif., 07-NOV-2007 05:05 AM Oracle today announced that Oracle Incentive Compensation, with over 250 customers and part of the Oracle E-Business Suite, has been given a "Positive" rating in Gartner's MarketScope for Sales Incentive Compensation Management (ICM) Software, 2007.
In developing its MarketScope reports, Gartner undertakes a rigorous evaluation process including in-depth customer interviews and cost/benefit comparisons to determine vendor ratings. Gartner bases its MarketScope evaluations on functionality, affordability, scalability, viability, market momentum and a company's vision for the future.
Oracle was one of 11 vendors evaluated in the report.i According to Gartner, "the Sales ICM software market has rebounded strongly from a recent downturn, and is growing by at least 15 percent year-over-year, with more enterprises investigating deployment options, as well as sophisticated functionality to include modeling and analytics."
ii "Organizations need ICM solutions that will scale and meet the complexity of their evolving business models," said Oracle Group Vice President for the Oracle E-Business Suite, Murali Subramanian. "We believe Gartner's 'Positive' rating confirms Oracle's position as an industry leader and underscores our commitment to enabling customers to align a company's corporate sales strategy with its workforce, keeping both operational flexibility and financial constraints top of mind."
As part of the Oracle E-Business Suite, Oracle Incentive Compensation is a global compensation management application that allows organizations to connect sales incentives to business objectives to motivate sales representatives, resellers and partners. Implemented as a stand alone application or integrated with the best-in-class suite of Oracle Applications - including Oracle E-Business Suite, Oracle's PeopleSoft Enterprise and Oracle's Siebel - Oracle Incentive Compensation automates the complex task of calculating, allocating and accumulating incentive credits.
To learn more about Oracle Incentive Compensation please visit: www.oracle.com/applications/sales/intcomp.html.
The full Gartner MarketScope for Sales Incentive Compensation Management Software, 2007 report can be found at the following URL:http://mediaproducts.gartner.com/reprints/oracle/147695.html.
About Oracle
Oracle (NASDAQ : ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at www.oracle.com.
i "MarketScope for Sales Incentive Compensation Management Software, 2007," Michael Dunne, July 30, 2007.
ii "MarketScope for Sales Incentive Compensation Management Software, 2007," Michael Dunne, July 30, 2007.
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