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Siebel Systems

American software company (1993–2006)

Summary

American software company (1993–2006)

Field	Value
name	Siebel Systems, Inc.
traded_as	(1996–2006)
founded
defunct
fate	Acquired by Oracle
successor	Oracle
hq_location_city	San Mateo, California, United States
key_people	Thomas Siebel, CEO
Patricia House, VP marketing
num_employees	5,036 (2005)
industry	Software and programming
products	CRM application
revenue	$1.340 bln (2004)
operating_income	$0.129 bln (2004)
net_income	$0.111 bln (2004)
website

Patricia House, VP marketing

Siebel Systems, Inc. () was an American software company principally engaged in the design, development, marketing, and support of customer relationship management (CRM) applications—notably Siebel CRM.

The company was founded by Thomas Siebel and Patricia House in 1993. At first known mainly for its sales force automation products,{{cite news

On September 12, 2005, Oracle Corporation announced it had agreed to buy Siebel Systems for $5.8 billion. "Siebel" is now a brand name owned by Oracle Corporation.

Siebel Systems is Oracle's on-premises CRM system, and Oracle's cloud applications for CRM are Oracle Advertising and Customer Experience (CX).

History

Siebel Systems, Inc. began with sales force automation software, then expanded into marketing and customer service applications, including CRM. From the time it was founded in 1993, the company grew quickly.

Benefiting from the explosive growth of the CRM market in the late 1990s, Siebel Systems was named the fastest growing company in the United States in 1999 by Fortune magazine.

Thomas Siebel, Pat House

Siebel's "first experience with sales technology was in the late 1980s, when he worked for Oracle." At the time, Siebel Systems co-founder Patricia House also was working for Oracle. Siebel left Oracle{{cite news

Key dates

1993: Siebel Systems, Inc. is founded.
1995: Siebel delivers Siebel Sales Enterprise software for sales force automation.
1995: Siebel 2.0 (Release end of 1995)
Siebel Customer Relationship Management (CRM)
Siebel Sales Enterprise
1996: Siebel becomes a publicly traded company.
1997: Siebel 3.0 (Release Feb 1997)
1998: Siebel 98
1998: Siebel Systems acquires Scopus Technology, Inc. "for its customer-service and support products."
1999: Siebel 99
2000: Siebel 6 (also known as Siebel 2000)
2000: Siebel Systems acquires OnLink Technologies for its interactive selling and product configuration products.{{cite news |newspaper=[CNet.com] (CNET)
2000: Revenue surpasses the $1 billion mark.
2001: Siebel 7.0 (Released 2001, was the first web-based version)
2002: Siebel 7.5 (Released in 2002){{cite news |newspaper=Computerworld
2004: Siebel 7.7 (Released in 2004)
2005: Siebel 7.8 (Released in 2005)
2006: Oracle acquires Siebel Systems.{{cite news |newspaper=Wall Street Journal (WSJ)
2007: Oracle Siebel 8.0 (Released in 2007)
2007: Oracle Business Intelligence Enterprise Edition Plus (released 2007)
2007: Oracle Business Intelligence Applications (Formerly Siebel Analytics) (released 2007)
2008: Oracle Siebel 8.1 (Released in 2008)
2011: Oracle Siebel 8.2 (Released in 2011)
Oracle Sales Cloud
Oracle Fusion CRM
Oracle CRM On Demand
2015: Oracle Siebel 15.0 (Released 11 May 2015)
2016: Oracle Siebel 16.0 (Released 29 Apr 2016)
2017: Oracle Siebel 17.0 (Released 31 Jul 2017)
2018: Oracle Siebel 18.0 (Released 23 Jan 2018)
2019: Oracle Siebel 19.0 (Released 21 Jan 2019)
2020: Oracle Siebel 20.0 (Released 21 Jan 2020)
2021: Oracle Siebel 21.0 (Released 21 Jan 2021)
2022: Oracle Siebel 22.0 (Released 21 Jan 2022)

References

Gilbert, Alorie. (September 27, 2002). "Rivals vie for Siebel's customer spoils". CNET News.com.
Kawamoto, Dawn. (June 21, 2006). "Oracle to swallow Siebel for $5.8 billion". CNET.

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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