With these three Model N solutions, we have created a powerful, industry-tailored platform that increases visibility and control over our business-critical Revenue Management transactions to drive substantial margin improvements and ease of doing business.
Redwood Shores, California (PRWEB) February 25, 2010
Model N, Inc., the leader in Revenue Management solutions, today announced that semiconductor industry leader Atmel Corporation (NasdaqGS: ATML) has implemented Model N's Channel Revenue Management solution to improve channel margins on its proprietary and commodity product lines.
In early 2008, Atmel deployed Model N's Deal Management and Global Price Management solutions to better manage the design win process, minimize price erosion, and improve gross margins. By integrating Channel Revenue Management into its existing Model N deployment, Atmel® will gain greater visibility to its distribution business and enhance reporting and auditability of its channel business to reduce financial risk.
Founded in 1984, Atmel is a worldwide leader in the design and manufacture of capacitive touch solutions, microcontrollers, advanced logic, mixed-signal, nonvolatile memory, and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on consumer, industrial, security, communications, computing, and automotive markets.
"Implementing Model N's Channel Revenue Management solution will improve both the efficiency and effectiveness of our claims processing," said Rob Valiton, Vice President, Americas & EMEA Sales and Global Sales Operations at Atmel. "With these three Model N solutions, we have created a powerful, industry-tailored platform that increases visibility and control over our business-critical Revenue Management transactions to drive substantial margin improvements and ease of doing business."
"Like many semiconductor and component manufacturers, Atmel reached the conclusion that Revenue Management has a profound and positive impact on gross margins," said Richard Fitchen, High Tech General Manager at Model N. "The extension of Atmel's Model N solution footprint serves as a testament to the value the company has gained from its earlier Model N deployments."
About Model N
Model N is the leader in Revenue Management solutions, offering an integrated suite of applications for analytics, pricing strategy and execution, contracts, compliance, rebates, and settlements optimized for the industry practices of Life Sciences and High Tech companies. Enabling the creation of a seamless, end-to-end process from price setting through settlements payment, Model N's uniquely integrated approach eliminates revenue leakage and delivers the visibility and controls needed to avoid the risks of non-compliance to government reporting regulations such as Sarbanes-Oxley and government pricing requirements. Customers include: Atmel Corp.; Boston Scientific Corporation; Bristol-Myers Squibb Company; Cypress Semiconductor Corporation; Intersil Corporation; Linear Technology Corporation; Medtronic, Inc.; Microchip Technology, Inc.; Micron Technology Inc.; Ortho-Clinical Diagnostics, a Johnson & Johnson company; ON Semiconductor, Inc.; Pfizer, Inc.; and STMicroelectronics. Model N is located in Redwood Shores, California. For additional information, visit http://www.modeln.com.
Model N is a mark of Model N, Inc. All other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.
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