Oracle Facts Most Don't Know (with links) Fact
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Posted On: 04/28/2018 1:37:21 PM
Oracle Facts Most Don't Know (with links)
Fact #1: Oracle Sales Staff is around 35,000
Oracle's Sales-Staff Revamp Is Bearing Fruit -- WSJ
August 17, 2017
"Co-Chief Executive Mark Hurd nearly doubled Oracle's sales staff over the past six years to around 35,000 workers . Many hires were put through a revamped training program, then charged with winning over startups and small businesses that Oracle largely had bypassed."
https://www.foxbusiness.com/features/oracles-...-fruit-wsj
Fact #2 Oracle has 1,957 open sales position right now and 732 presales
Oracle Job Site
https://oracle.taleo.net/careersection/2/jobs...tl?lang=en
Fact #3 Oracle salespeople are high incentivised to sell. Top Oracle sales people can make 10x the average US salary.
"In a really good year, a top salesperson at these companies can even earn $1 million, says Eliot Burdett, CEO of headhunting firm Peak Sales" Recruiting.
http://coxitis4.rssing.com/chan-3592906/all_p8.html
"Even the mediocre performers selling enterprise license software are going to be making in the $300,000-$350,000 range where top performers are going to make $400,000-$600,000."
http://www.businessinsider.com/salesperson-wh...cle-2013-9
Fact #4 Sales commission is 6 times higher for Software as a Service (SaaS) than on premise software
"This scenario is very lucrative for Oracle sales reps. At a 6 percent commission rate, they'd get around $60,000 for the straight $1 million on premise software deal. But when $200,000 in cloud products is added to a deal, at a 30 percent commission rate, Oracle sales reps get around $108,000, the partners told CRN."
https://www.crn.com/news/cloud/300077252/here...m/pgno/0/1
https://www.crn.com/news/cloud/300077252/here...m/pgno/0/1
Fact #5 Oracle has 430,000 customers in 175 countries
Fact #6 Oracle has 25,000 partners like Concentrus who have a vested interest in marketing and integrating Oracle products
Fact #7 Oracle is #1 in many Industries
• #1 in banking
• #1 in communications
• #1 in engineering and construction
• #1 in financial services
• #1 in healthcare
• #1 in insurance
• #1 in life sciences
• #1 in logistics
• #1 in public sector
• #1 in retail
• #1 in utilities
Oracle Fact Sheet - 8 September 2017
http://www.oracle.com/us/corporate/oracle-fac...079219.pdf
Additional comments:
Salespeople love products that are easy to sell as they can make a lot of money. notifiCRM sells itself. Not only that, but Oracle sales people can use notifiCRM and notifiD to sell their other products.
Fact #1: Oracle Sales Staff is around 35,000
Oracle's Sales-Staff Revamp Is Bearing Fruit -- WSJ
August 17, 2017
"Co-Chief Executive Mark Hurd nearly doubled Oracle's sales staff over the past six years to around 35,000 workers . Many hires were put through a revamped training program, then charged with winning over startups and small businesses that Oracle largely had bypassed."
https://www.foxbusiness.com/features/oracles-...-fruit-wsj
Fact #2 Oracle has 1,957 open sales position right now and 732 presales
Oracle Job Site
https://oracle.taleo.net/careersection/2/jobs...tl?lang=en
Fact #3 Oracle salespeople are high incentivised to sell. Top Oracle sales people can make 10x the average US salary.
"In a really good year, a top salesperson at these companies can even earn $1 million, says Eliot Burdett, CEO of headhunting firm Peak Sales" Recruiting.
http://coxitis4.rssing.com/chan-3592906/all_p8.html
"Even the mediocre performers selling enterprise license software are going to be making in the $300,000-$350,000 range where top performers are going to make $400,000-$600,000."
http://www.businessinsider.com/salesperson-wh...cle-2013-9
Fact #4 Sales commission is 6 times higher for Software as a Service (SaaS) than on premise software
"This scenario is very lucrative for Oracle sales reps. At a 6 percent commission rate, they'd get around $60,000 for the straight $1 million on premise software deal. But when $200,000 in cloud products is added to a deal, at a 30 percent commission rate, Oracle sales reps get around $108,000, the partners told CRN."
https://www.crn.com/news/cloud/300077252/here...m/pgno/0/1
https://www.crn.com/news/cloud/300077252/here...m/pgno/0/1
Fact #5 Oracle has 430,000 customers in 175 countries
Fact #6 Oracle has 25,000 partners like Concentrus who have a vested interest in marketing and integrating Oracle products
Fact #7 Oracle is #1 in many Industries
• #1 in banking
• #1 in communications
• #1 in engineering and construction
• #1 in financial services
• #1 in healthcare
• #1 in insurance
• #1 in life sciences
• #1 in logistics
• #1 in public sector
• #1 in retail
• #1 in utilities
Oracle Fact Sheet - 8 September 2017
http://www.oracle.com/us/corporate/oracle-fac...079219.pdf
Additional comments:
Salespeople love products that are easy to sell as they can make a lot of money. notifiCRM sells itself. Not only that, but Oracle sales people can use notifiCRM and notifiD to sell their other products.
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