Industry leaders recognized for their remarkable Digital Reinvention
strategies
SAN MATEO, Calif.--(BUSINESS WIRE)--
Model N, Inc. (NYSE: MODN), the leading provider of cloud revenue
management solutions for the pharmaceutical, medical device, high tech,
manufacturing and semiconductor industries, presented Rainmaker 2018
Awards to five leading global companies during the 14th
annual Rainmaker Conference in Carlsbad, California.
“The winners of the Rainmaker 2018 Awards are the force behind digital
reinvention in their companies,” said Zack Rinat, founder, chairman and
CEO of Model N. “These leaders have transformed revenue management into
a strategic end-to-end process and harnessed the power of Model N’s
Revenue Clouds to gain competitive advantage.”
Honorees recognized with the Rainmaker 2018 Awards include:
Allergan (NYSE: AGN), a leading global pharmaceutical company and
leader in a new industry model – Growth Pharma. In 2017, Allergan
committed to digitally reinventing its systems and processes, including
an upgrade to Revenue Cloud for Pharma. Allergan’s commitment to the
reinvention, teamwork and willingness to adopt change has driven
business value for the company.
NXP Semiconductors N.V. (NASDAQ: NXPI), a world leader in secure
connectivity solutions for embedded applications. With a focus on
improving its customers’ digital journey, NXP deployed Revenue Cloud for
Semiconductors in 2017. The company worked closely with Model N as a
single team to roll out the latest Model N Revenue Cloud to further
accelerate deal cycles and better support the automotive end market.
TE Connectivity (NYSE: TEL), a world leader in connectivity and
sensors with a nine-year history with Model N. In 2017, TE Connectivity
turned its focus toward achieving a new level of data quality. Using
Model N’s Channel Data Management, part of Revenue Cloud for High Tech,
TE Connectivity has opened its channel and product inventory via
ecommerce and partnering.
EMD Serono (DAX: MRK), the biopharmaceutical business of Merck
KGaA in the US and Canada. In 2015, EMD Serono moved away from
home-grown, disparate systems and spreadsheets to implement Global
Pricing Management, part of Revenue Cloud for Pharma. Faced with
launching two products for the first time in 12 years, EMD Serono seized
the opportunity to digitally reinvent itself once again. The company
implemented Model N’s International Reference Pricing and Global Launch
Excellence, also part of Revenue Cloud for Pharma, giving its market
access and pricing teams full transparency into optimal launch sequences
and future revenue forecasts.
Seagate (NASDAQ: STX), a leading data storage source for the
global datasphere. Leveraging Model N’s Revenue Cloud for High Tech,
Seagate has aligned its business around intelligent, efficient internal
processes. The company has taken great leaps forward in achieving its
vision of a seamlessly integrated distribution channel through
information-rich, well-managed strategic pricing and rebate management
programs.
Bringing together Model N’s customers, partners, industry experts,
thought leaders and employees, Rainmaker 2018 was focused on designing,
discovering and demonstrating digital reinvention strategies. Both Model
N and McKinsey
& Company offered keynote presentations. For more information on
Rainmaker, please visit www.modeln.com/rainmaker.
About Model N
Model N is the leader in revenue management solutions. Driving
mission-critical business processes such as configure, price and quote
(CPQ), contract and rebate management, business intelligence, and
regulatory compliance, Model N solutions transform the revenue lifecycle
from a series of disjointed operations into a strategic end-to-end
process. With deep industry expertise, Model N supports the complex
business needs of the world’s leading brands in pharmaceutical, medical
device, high tech, manufacturing and semiconductors across more than 120
countries, including Pfizer, AstraZeneca, Sanofi, Gilead, Abbott,
Stryker, AMD, Micron, Seagate, STMicroelectronics, NXP, Sesotech, and
Southern States. For more information, visit www.modeln.com.
Model N® is the registered trademark of Model N, Inc. Any other company
names mentioned are the property of their respective owners and are
mentioned for identification purposes only.
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Connect Marketing
Holly Hagerman, 801-373-7888
hollyh@connectmarketing.com
Source: Model N, Inc.