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.