RainmakerDX to accelerate rapid prototyping and next-generation
technology ideas
SAN MATEO, Calif.--(BUSINESS WIRE)--
Model N, Inc. (NYSE: MODN), the leading provider of revenue management
cloud solutions for the pharmaceutical, medical device, high tech,
manufacturing and semiconductor industries today announces RainmakerDX.
This new initiative provides the forum and incubation for breakthrough
innovations that are part of digital reinvention strategies.
Only 8
percent of companies believe their business models will remain
viable through digitization, prompting companies to redefine where and
how to compete. RainmakerDX is a forum for Model N to work on
industry-changing initiatives in collaboration with customers and
partners. Through rapid experimentation and prototyping, RainmakerDX
allows Model N and its customers to jointly explore bold digital
reinvention strategies and formulate innovations that deliver
significant impact for customers, partners, and the industry at large.
“Digital Reinvention is no longer a ‘nice to have;’ it is an imperative
for most companies,” said Neeraj Gokhale, SVP and Chief Product Officer
of Model N. “This reinvent-or-perish reality is the impetus for our
RainmakerDX initiative. It’s where we dare to imagine and deliver upon
bold, industry-shaping ideas, working closely with our customers and
industry visionaries. In the RainmakerDX innovation lab we experiment
with emerging technologies, such as blockchain and AI, and deliver
groundbreaking solutions.”
Transformative ideas will be turned into projects in the RainmakerDX
innovation lab and will deliver visible results in three to six months.
Projects will be sponsored by executives at Model N, our customers, and
partners. We invite employees, customers and partners to submit their
innovative ideas to the RainmakerDX steering committee.
Model N has a number of goals for its Rainmaker DX innovation lab:
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Industry-level impact enabling digital reinvention
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Close collaboration with customers, partners and technology leaders
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Breakthrough innovation achieved through rapid prototyping and
experimentation with disruptive ideas
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Realizing the full potential of emerging technology trends
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Delivering quick results in an agile environment
Learn more about the Rainmaker DX innovation lab: https://www.modeln.com/rainmakerdx/
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 (NYSE: PFE), AstraZeneca (NYSE: AZN), Sanofi
(NYSE: SNY), Gilead (NASDAQ: GILD), Abbott (NYSE: ABT), Stryker (NYSE:
SYK), AMD (NASDAQ: AMD), Micron (NASDAQ: MU), Seagate (NASDAQ: STX),
STMicroelectronics (NYSE: STM), NXP (NASDAQ: NXPI), Sesotec, 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.