MODEL N INC

Pricing Strategies for Cybersecurity Products and Services

• Operational Improvements

  • Implementation of Model N helps identify significant operational improvements that lead to efficiencies in pricing strategies, particularly in reducing revenue leakage.

• Product Development

  • The introduction of a new product focusing on price management for the High Tech sector is aimed at enabling manufacturers to manage price execution across various channels globally. This integration with deal management supports real-time pricing updates, addressing competitive dynamics in the market.

• Industry-Specific Needs

  • The 2024 State of Revenue Report reflects that C-suite executives identify process efficiency and cost savings as top priorities. There is a growing inclination towards utilizing advanced analytics and AI to achieve these goals, suggesting a value-based pricing approach tailored to specific industry demands.

• Client Engagement

  • Collaborating with customers like Genentech and Taiwan Semiconductor illustrates how Model N tailors solutions to meet complex client needs in industries such as pharmaceuticals and semiconductors, addressing regulatory compliance and market execution challenges.

• Market Insights

  • Feedback from executive surveys indicates that ongoing regulatory changes and supply chain disruptions remain pivotal considerations in pricing strategy formulation across industries.

Conclusion

Model N’s strategic focus on integrating advanced analytics and tailored solutions positions it well to meet the evolving pricing and operational needs of companies in the cybersecurity and tech sectors. The emphasis on real-time market execution and compliance demonstrates a proactive approach to industry-specific challenges.