Executives Identify Technology and Digital Transformation as the #1 Way to Bolster Innovation Amidst Challenging Market Conditions - Seite 2

“Executives were clear that many of their current revenue management strategies were insufficient to address looming issues such as supply chain disruption, inflation, manufacturing capacity, and staffing shortages,” said Suresh Kannan, Model N Chief Product Officer. “This report demonstrates why organizations need comprehensive revenue management solutions that enable them to accurately capture real-time information and improve operational efficiency.”

For more industry-specific statistics and commentary about revenue management in life sciences and high tech, download the full 2023 State of Revenue Report.

To view today's recorded webinars discussing the 2023 State of Revenue Report findings, please see here for life sciences and here for high tech.

More About the 2023 State of Revenue Report

This report, commissioned by Model N with research conducted by Dimensional Research, is based on the results of a survey of more than 300 C-suite executives directly responsible for revenue management at large pharmaceutical, medical technology, high-tech manufacturing, or semiconductor companies. Certain questions were repeated from similar studies in 2020, 2021, and 2022 to enable trend analysis.

About Model N

Model N is the leader in revenue optimization and compliance for pharmaceutical, medtech and high-tech innovators. Our intelligent platform powers your digital transformation with integrated technology, data, analytics, and expert services that deliver deep insight and control.

Our integrated cloud solution is proven to automate pricing, incentive and contract decisions to scale business profitably and grow revenue. Model N is trusted across more than 120 countries by the world’s leading pharmaceutical, medical technology, semiconductor, and high-tech companies, including Johnson & Johnson, AstraZeneca, Stryker, Seagate Technology, Broadcom, and Microchip Technology. For more information, visit www.modeln.com.

About Dimensional Research

Dimensional Research provides practical market research for innovative companies. We partner with our clients to deliver actionable information that reduces risks, increases customer satisfaction, and grows the business. Our researchers are experts in the processes, applications, and systems used by modern businesses.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230207005112/en/

The Model N Stock at the time of publication of the news with a raise of +0,02 % to 40,27USD on NYSE stock exchange (07. Februar 2023, 18:11 Uhr).