The combination of Zilliant and Model N gives High Tech and Life Science companies an unmatched platform to increase sales and improve margins.
Austin, TX, and Redwood Shores, CA (Vocus/PRWEB) March 10, 2011
Zilliant, the leading provider of price optimization solutions, and Model N, Inc., the leader in Revenue Management Solutions, today announced that they have expanded their relationship to provide Model N customers with global access to Zilliant’s technology. By leveraging the two company’s highly complementary offerings, Model N customers can gain deep insight into pricing opportunities and deliver optimized prices to the field. Zilliant and Model N unveiled this seamless integration at Model N’s annual RAINMAKER 2011 event today, where Zilliant is a gold sponsor.
“With well-paired solutions that extend from setting prices to executing prices to realizing prices, we are looking forward to further building out our many-year partnership with Zilliant,” said Rich Fitchen, CMO and SVP of Marketing and Business Development at Model N. “By expanding our relationship, we’re now able to provide customers across the globe with integrated solutions that complement Model N’s recently announced RM Impact solutions and deliver an unprecedented level of pricing optimization.”
“The combination of Zilliant and Model N gives High Tech and Life Science companies an unmatched platform to increase sales and improve margins,” said Tim Hamilton, COO at Zilliant. “Streamlined integration means Model N customers can easily implement Zilliant’s deep pricing analysis capabilities and leverage our Margin Maximizer price optimization technology that’s proven to generate profitable growth.”
Under the terms of the partnership, Model N will resell Zilliant’s powerful pricing analytics solution as part of Model N’s RM Impact solutions. Powered by Zilliant, Model N’s Price Impact solution allows companies to identify and prioritize valuable pricing opportunities so they can take action quickly—at the speed their business requires.
Additionally, Model N customers can seamlessly integrate optimized prices from Zilliant’s Margin Maximizer technology. Used by some of the biggest companies in B2B for over a decade, this technology is scientifically proven to identify the optimal prices for each order and deliver that information in real-time, when a deal is being made.
For over a decade, Zilliant has delivered scientifically-proven answers to the toughest question that B2B manufacturers, distributors and service companies face every day --- "What’s the right price to win business at maximum margins?" Zilliant's patented technology has answered this question with scientific accuracy across nearly 1 billion transactions to date. By delivering this valuable pricing guidance directly to the point-of-sale, validated testing of customer deployments has proven average revenue increases of 4.25% and average margin-dollar improvements of 10.18%. These bottom-line results have helped keep this technology one of the most closely-guarded secrets amongst the leading companies in B2B. For more information contact Zilliant at +1-877-893-1085 or visit http://www.zilliant.com.
About Model N
Model N is the 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 Science 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. Customers include: Atmel Corp.; Boston Scientific Corp.; Bristol-Myers Squibb Company; Cypress Semiconductor; Medtronic, Inc.; Microchip Technology Inc.; Ortho-Clinical Diagnostics, a Johnson & Johnson company; Pfizer, Inc.; and STMicroelectronics. Model N is headquartered in Redwood Shores, California, and has offices across the U.S., as well as Europe and India. For additional information, visit http://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.
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