Sr IP Sales Executive

Posted 19 Days Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Artificial Intelligence • Cloud • Hardware • Software • Semiconductor
The Role
The Sr IP Sales Executive will build and manage a sales pipeline for Design IP technology, drive market penetration, and achieve sales targets by collaborating with various teams and executing strategic sales plans.
Summary Generated by Built In
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

You will be responsible for building, developing and driving a sales pipeline for our Design IP technology in key accounts across multiple NorAm regions.

Responsibilities include developing and managing a sales pipeline while driving market penetration, adoption and revenue. You will work closely with and manage multi-functional teams including Application Engineers, Business Unit Marketing, Legal, Finance, Cadence executives and the Cadence EDA software sales team to achieve sales targets in the region. 

You will possess a proven track record of selling semiconductor Intellectual Property (IP) technology to organizations spanning small startups to large enterprises. You should have a solid understanding of Memory Interface, Protocol, and Connectivity IP, and how to position 3rd party IP in a highly competitive landscape.  You should also have strong strategic selling experience and success delivering large ($1M+) license deals. 

Role Requirements:

  • Hands on, self-starter who can demonstrate intuitiveness and creativity to drive complex strategic deals
  • Ability to generate, develop, qualify, and drive new business opportunities in the region, including:
    • Pipeline development
    • Opportunity management
    • Manage contract negotiations (business and legal) with customers and Cadence functional teams
    • Meet/Exceed quarterly and annual revenue targets
  • Ability to articulate value propositions of Design IP products to executive management, marketing, architects, engineering teams within a customer’s organization.
  • Manage technical and marketing teams to develop and execute strategies for proliferation of the technology in the region
  • Provide market and account feedback to the Design IP Business Unit to drive product roadmaps and strategies.
  • Track activities and provide reports to management, BU and executive personnel on account strategies activities and progress
  • Develop and execute against strategic sales plans

Key Qualifications:

  • Minimum 5 years in licensing of Semiconductor IP technology
  • BSEE or equivalent (MBA a plus)
  • Strong background in technology
  • Experience working with small start-ups to large enterprise accounts driving complex, differentiated technology
  • Passion to develop and apply strategic selling skills
We’re doing work that matters. Help us solve what others can’t.

Top Skills

Connectivity Ip
Design Ip Technology
Eda Software
Memory Interface
Protocol
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The Company
HQ: San Jose, CA
8,216 Employees
Year Founded: 1988

What We Do

Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence® software, hardware and IP are used by customers to deliver products to market faster. The company's Intelligent System Design strategy helps customers develop differentiated products—from chips to boards to intelligent systems—in mobile, consumer, cloud, data center, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine's 100 Best Companies to Work For.

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