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Oracle Social CRM release 3 available

Oracle Social CRM applications release 3 is available.

This release includes

• Oracle CRM sales campaigns on demand
  
• Oracle CRM sales library on demand (enhancements)
  
• Oracle CRM sales prospector on demand (enhancements)

The newest release of Oracle social CRM applications enables increased collaboration and sales effectiveness, resulting in higher productivity, shorter sales cycle and increased sales. Oracle social CRM applications take advantage of each user's social relationships to build a larger collective community with which to share, learn, and interact. Sales users are able to get a quick view of activities in their social networks such as recently published content and posting from other members.

Larry Ellison takes pay cut

Larry Ellison will draw only base salary of $1 (yes..just one dollar/year), his base salary for the last three years were $1 milion. The company estimates Ellison's compensation this year as $57 million. Ellison also realized $124 million through his stock options.