SOURCE: Model N, Inc.

Model N, Inc.

February 26, 2009 03:01 ET

Life Science and High Tech Industry Leaders Turn to Revenue Management for Answers in Tough Economy

Fifth-Annual Revenue Management Conference Continues Growth; Breaks Attendance Record Set in 2008 as Model N Reveals New Revenue Management Products and Services

REDWOOD SHORES, CA--(Marketwire - February 26, 2009) - RAINMAKER 2009, Model N's fifth-annual Revenue Management conference, opens today at The Ritz-Carlton, Lake Las Vegas to a sellout crowd of Life Science and High Tech leaders. This year's speaker lineup features experts from across both industries, including representatives from Cisco, Novo Nordisk, Boston Scientific, Microchip Technology, Avnet, Sepracor, VeriFone, and many others.

With growth and profit pressure mounting in the face of a global economic slowdown, RAINMAKER 2009 gathers finance, sales, and marketing leadership from the growing Revenue Management community to explore solutions and best practices that:

--  Refine strategies to meet revenue and profit objectives in the current
    business climate
--  Arm executives with new decision making tools such as analytics to
    leverage the transactional data aggregated in their Revenue Management
    systems
--  Extract maximum value from new product investments and existing
    revenue streams
--  Enhance visibility and control over contracted revenue in the High
    Tech industry
--  Maximize the value of Revenue Management investments through new life
    cycle services programs
    

RAINMAKER 2009 also gives Life Science and High Tech innovators the chance to network with industry peers and hear the latest insights from finance and regulatory experts on economic trends and legislation that may impact their business.

Featured sessions at RAINMAKER 2009 include:

--  "The Economy: Past, Present, and Future," Robert E. Mellman, J.P.
    Morgan
    
--  "Regulatory Thought Leader Panel: Expected Initiatives from the New
    Administration and DRA Discount Reallocation Approaches," Alice Valder
    Curran, Hogan & Hartson LLP; Rick Zimmerer, KPMG
    
--  "Revenue Management Strategies in an Economic Downturn," C.J. Wehlage,
    AMR Research; Alex Iuolio, Avnet; Mark Payne, Cisco; Dann Vidaña, VeriFone;
    Simon McLean, TTI, Inc.
    
--  "State of the Industry: 2009 and Beyond," Doug Long, IMS Health
    
--  "Best Practices for Success and Profit Preservation in Component
    Distribution," Simon McLean, TTI, Inc.
    
--  "The Role of the CIO in Accelerating Enterprise Value," Rich Adduci,
    Boston Scientific, Christopher Zant, Accenture
    
--  "Improving Business Transfer in a Competitive Global Environment,"
    Jake McKernan, Microchip Technology
    

Model N's semi-annual customer and executive advisory board meetings will also be held concurrently with RAINMAKER 2009.

Model N News at RAINMAKER 2009

--  Model N is working with global business software leader Oracle to
    deliver comprehensive Life Science Revenue Management optimized for Oracle
    applications. Model N has also become a member of the Oracle®
    PartnerNetwork
    
--  Model N is enhancing its SAP Integration framework with new adapters
    as well as continuing its "Powered by NetWeaver" certification for SAP
    customers
    
--  Model N announces its new Contract and Compliance Management solution
    for High Tech manufacturers, which delivers increased visibility and
    proactive control over the contract life cycle
    
--  Model N announces its new Performance Analytics solution, which
    provides the models, dashboards, and reporting Life Science organizations
    need to answer strategic and tactical questions and drive measurable
    initiatives
    
--  Model N has promoted HighPoint Solutions, a premier provider of
    business-driven IT solutions, to strategic partner status
    
--  Model N has named Mindlance Life Sciences, which specializes in data
    analytics, as its newest pharmaceutical service and implementation partner
    

Event Sponsors

The sponsor exhibit hall at RAINMAKER 2009 features many of the leading implementation, technology, and legal experts in the Life Science and High Tech industries. A doubling of sponsors over last year's event reflects the prominent role partners are playing in delivering value to Model N customers.

Platinum Sponsors: HighPoint Solutions, Accenture, IMS Managed Markets Services

Gold Sponsor: IBM Cognos BI and Performance Management

Silver Sponsor: Kalypso

Bronze Sponsors: CSC, KPMG, Akamai, Cognizant, Mindlance Life Sciences, EMC, Hogan & Hartson LLP, QlikTeck

Supporting Quotes

"Growing attendance among industry leaders at RAINMAKER is a strong testament to the value our customers are deriving from their Revenue Management investments," said Zack Rinat, Founder and Chief Executive Officer of Model N. "We are proud that RAINMAKER has become the preferred venue for the Revenue Management community to network, share best practices, and formulate strategies that address their most pressing business issues."

Supporting Resources

RAINMAKER 2009 Life Sciences Agenda

RAINMAKER 2009 High Tech Agenda

RAINMAKER 2009 Sponsors

AMR Research Report: Using Revenue and Contract Management as a Strategic Weapon

Yankee Group Report: Importance of Integrated Price and Revenue Management Processes

About Model N

Model N is a leader in Revenue Management solutions, offering an integrated suite of applications for analytics, pricing, contracts, compliance, and settlements optimized for the industry practices of Life Sciences and High Tech companies. For more information about Model N, please visit our website at www.modeln.com.

Model N is a registered trademark of Model N, Inc. All other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

Contact Information

  • Contact:
    Sean Cassidy
    Model N, Inc.
    Tel: 650-610-4820
    Email Contact