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Sr IP Sales Executive

Cadence

Sr IP Sales Executive

Cadence

SAN JOSE; AUSTIN

·

On-site

·

Full-time

·

3w ago

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 Nor Am 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

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About Cadence

Cadence

Cadence

Public

Cadence Design Systems provides electronic design automation (EDA) software, hardware, and IP for designing and verifying electronic systems and semiconductors.

5,001-10,000

Employees

San Jose

Headquarters

$8.5B

Valuation

Reviews

4.0

10 reviews

Work-life balance

4.2

Compensation

2.8

Culture

4.1

Career

3.2

Management

3.4

72%

Recommend to a friend

Pros

Good work-life balance

Supportive and collaborative team environment

Flexible work arrangements

Cons

Below market compensation

Limited career advancement opportunities

Heavy workload and long hours

Salary Ranges

58 data points

Junior/L3

Junior/L3 · Data Analyst

1 reports

$91,103

total per year

Base

$85,276

Stock

-

Bonus

$5,827

$59,612

$139,984

Interview experience

1 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Interview process

1

Application Review

2

Recruiter Screen

3

Technical Phone Screen

4

Onsite/Virtual Interviews

5

Final Decision

Common questions

Technical Knowledge

Behavioral/STAR

Past Experience

Problem Solving