Netformx Collaborates with Oracle CPQ Cloud to Deliver Best-of-Breed Sales Enablement to IT Solution Providers

• Enabling an end-to-end workflow, Netformx DesignXpert users sync designs with Oracle CPQ Cloud
• Seamless access increases productivity, accuracy, and competitiveness in the delivery of IT Solution Proposals 

LAS VEGAS, NV—April 25, 2017—Netformx®, a leader in sales enablement and profit acceleration platforms for IT solution providers and Silver level member of Oracle PartnerNetwork (OPN), announced today at Oracle Modern Customer Experience the integration of DesignXpert® with Oracle CPQ Cloud. Netformx DesignXpert enables IT solution providers, resellers, systems integrators, and the vendors themselves, to create—with a single powerful tool—accurate multivendor validated IT designs and architectures for their Enterprise customers. DesignXpert is part of the Netformx Digital Ecosystem as a Service (ESaaS) that enables solution providers to design, analyze, and sell IT offerings from pre- to post-sales while unlocking key customer and business insights.

Oracle CPQ Cloud is the best-in-class CPQ (Configure Price and Quote) solution, which helps companies improve margins and increase sales productivity. It is a flexible, scalable, enterprise-ready solution that enables organizations to accurately capture orders for complex products and services and to generate quotes within minutes.

Driven by customer demand, Oracle and Netformx have joined forces to provide a seamless integration between DesignXpert and Oracle CPQ Cloud. DesignXpert’s visual design leveraging drag & drop from the multi-vendor Netformx KnowledgeBase™ helps users quickly generate accurate and validated solutions that seamlessly flow to Oracle CPQ Cloud to improve margins and increase sales productivity.

“DesignXpert complements our offering with an innovative approach to IT solution providers. We are excited to work with Netformx to offer DesignXpert users Oracle CPQ Cloud to increase their business agility and competitiveness," said Vinesh Vis, AVP of Sales North America for Oracle CPQ Cloud.

“Partnering with best-of-breed offerings such as Oracle CPQ Cloud is at the core of our strategy to complement and evolve our offering to the thousands of DesignXpert users globally,” said Ittai Bareket, Netformx CEO. “With the push of a button, complex DesignXpert solutions can now flow to Oracle CPQ Cloud for quoting, pricing and contracting.”

Key Facts

• Netformx enables solution providers to reduce time-to-quote 80% and reduce implementation error rates by 99%.
• Netformx DesignXpert enables solution providers—with a single powerful tool—to create accurate multivendor proposals and validated designs and solutions that result in higher win rates and happier customers.
• Netformx Discovery, a standalone product that is also included in DesignXpert creates a baseline and audit of a customer’s actual network and provides insights on technology upgrade, replacement, and enhancement opportunities.

# # #

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates.

Source: Netformx media announcement