Medical Device and Diagnostics Solutions

In the Medical Device and Diagnostics industry, technology innovation is at the heart of the industry and holds the key to long-term growth. In 2005, R&D investments continued to grow, reaching more than $70 billion for the industry last year alone.

Nonetheless, leading corporations recognize that throwing dollars at R&D is not enough to make the technology planning process effective. Organizations also require an exceptional level of cross-functional cooperation among R&D, marketing, sales and manufacturing teams to be effective in this highly-competitive industry.

Today, medical device manufacturers are using Alignent's software to improve cross-functional cooperation, track regulatory and FDA compliance issues, and closely monitor both competitive and complementary technologies.

With a collaborative approach to planning and constantly up-to-date information, organizations can re-use technology across different product planning teams, yielding faster time to market and millions in R&D costs while bringing much-needed, life-saving technologies to market faster.

Industry Customers Include:

Medtronic Philips

Industry Use Case

One Alignent customer—a $11 billion medical device organization with seven autonomous business units, each with its own R&D division—was looking for a better way to understand how cardiac rhythmic technology could have applications to other new products being developed across the company.

Using Alignent's roadmapping solution, the customer began to track the company's technologies and capabilities across multiple teams, including different business units and suppliers.

Today, with Alignent, key stakeholders have access to a single record of truth about emerging technologies. Product managers now have insight into how R&D projects might apply to new opportunities, and how technologies from one project could be integrated into another.

According to the customer, "we have been able to bring innovative new products to market faster, by leveraging technology capabilities across the company."

With Alignent, the company has reduced product development costs by 2%, reducing the length of the product life cycle by up to 5%, delivered new products to market faster, and dramatically reduced duplicate product planning efforts.