SOURCE: Model N, Inc

Model N, Inc

October 13, 2014 08:30 ET

Model N Drives Sales Effectiveness for Semiconductor and Component Manufacturers With the Revvy Sales Application Suite

Vertical Cloud Solution Drives Sales Productivity to Be Showcased at Dreamforce 2014, the World's Largest Software Conference in San Francisco

SAN FRANCISCO, CA--(Marketwired - October 13, 2014) - Model N, Inc. (NYSE: MODN), the leading revenue management solutions provider to the life science and technology industries, today announced its vertical cloud solution.

Model N, Inc. will be previewing its new Revvy Sales Application Suite at salesforce.com's Dreamforce 2014. The conference will be held in San Francisco October 13-16, 2014, at Moscone Center. Revvy Sales Application Suite will be in booth N2228.

The semiconductor industry is immersed in a sea of change as chipmakers managing the lifecycle of a product wrestle with challenges such as the constant pressure to innovate, optimize supply management and monetize intellectual property.

Revvy Sales Application Suite will enable manufacturers to manage design wins tracking, design registrations, leads and samples, and facilitate the global collaborative process between stakeholders throughout the deal's life cycle. This business transparency will enable companies to allow the entire sales channel ecosystem to effectively collaborate and accelerate closing business.

"We are excited to be part of the salesforce.com Partner Program and bring to market Revvy Sales Application Suite, built on our next generation revenue management platform. Organizations can become more efficient and profitable when servicing customers by establishing complete visibility and total accuracy from lead generation through product delivery. Revvy Sales Application Suite drives sales effectiveness empowering manufacturers to strategically manage their entire opportunities pipeline and channel design registrations with out-of-the-box functionality," said Zack Rinat, founder, chairman of the board of directors, and chief executive officer of Model N. "Designed specifically for this vertical, Revvy Sales Application Suite empowers your organization to better manage deals, protect margins and reduce quoting turnaround time." 

Key benefits
Model N will be previewing Revvy Sales Application Suite, specifically designed for the semiconductor and Electronic Component Manufacturer (ECM) verticals. Revvy Sales Application Suite will eliminate potential lost opportunities and sales inefficiencies:

  • Revvy Sales Application Suite provides an end-to-end solution to drive sales and channel efficiency, increase design wins and improve visibility into the channel business. 
  • Revvy Sales Application Suite enables semiconductor sales teams to better manage design win tracking, design registrations, leads and samples.
  • Seamless integration to global pricing, quoting, deal analysis, contracts, POS and inventory management, allowing the entire sales channel ecosystem to effectively collaborate and accelerate closing business.

Impactful Analytics
Revvy Sales Application Suite will feature the capability to integrate with Model N's powerful revenue management and analytics platform. Salesforce users will be able draw powerful insight from their accounts' pricing and purchasing behavior while they are configuring a price quote. 

Customer Previews
"Managing the complex design cycles, tying designs to quotes, to contracts and to orders and then extending these capabilities into the channel are strategic imperatives for semiconductor," said Paul Grimme, executive vice president, STMicroelectronics. "With Model N, we can offer the industry a strategic path to achieve these goals in less time and for a lower cost."

"A CRM solution, bolstered by Model N to include the unique needs of the semiconductor industry for revenue management quoting, pricing and channel management capabilities, will allow the industry to truly manage the design to revenue process end-to-end, across direct and channel businesses," said Peter Austin, VP WW global sales & marketing operations at NXP.

"Maxim started using Salesforce before we implemented Model N," said Rick Gould, executive director of sales operations at Maxim Integrated Products. "It was really up to us to figure out how to make CRM and revenue management work side by side. This new partnership will allow us to explore how we can streamline CRM and revenue management, pulling back key transactional data and connecting it to opportunities and design registrations making it accessible easily to our sales teams."

Resources:

• Model N Revvy Sales Application Suite
• Model N for the High Tech Industry
• Model N Revenue Management

About Dreamforce 2014
Dreamforce 2014 is the world's largest software event. It unites Salesforce experts, partners and customers to demonstrate how companies of all sizes and industries are running their business from their phones and connecting with customer in a whole new way. With keynotes that showcase visionary technology, more than 1,500 specialized sessions, thousands of live demos and inspiring customer stories, attendees will learn how to transform how they sell, service, market and engage for the Internet of Customers.

About Model N
Model N is the leader in Revenue Management Cloud solutions. Model N helps its customers maximize their revenues by maximizing sell time, revenues per opportunity and number of opportunities. Model N Cloud solutions manage every dollar that impacts the customer's top line and transforms the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. With deep industry expertise, Model N supports the unique business needs of life science and technology companies across more than 100 countries. Global customers include: Actavis, Allergan, Amgen, Atmel, Boston Scientific, Bristol-Myers Squibb, Dell, Johnson & Johnson, Linear Technology, Merck, Marvell, Maxim, Micron, Nokia, Novartis, Novo Nordisk, ON Semiconductor, and STMicroelectronics. Learn more at: http://www.modeln.com. Model N is traded on the New York Stock Exchange under the symbol MODN.

Legal
Salesforce, Salesforce1, Dreamforce and others are among the trademarks of salesforce.com, inc.
Model N® is a 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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Contact Information

  • Contacts
    Brenda Christensen
    Model N
    Tel: 650-610-4683
    Email: Email contact