PLANO, Texas and MUMBAI, India, October 23, 2007 – Siemens PLM Software, a division of Siemens Automation and Drives (A&D) and a leading global provider of product lifecycle management (PLM) software and services, and Tata Consultancy Services (TCS) (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing organization, today announced Teamcenter for Medical Devices, the first fully integrated PLM solution for the medical device industry.
The Teamcenter™ for Medical Devices solution leverages powerful Teamcenter foundation elements to deliver the most holistic and integrated solution for end-to-end management of the medical devices industry’s product lifecycle. Teamcenter enables companies to fully trace all activities from concept to retirement by automatically linking compliance requirements with engineering and specification data. The solution combines compliance management, traceability and reporting capabilities to help medical devices manufacturers address strict quality and regulatory requirements, increasing competition and demanding time-to-market pressures.
“Guarding the health and safety of consumers is job one for Wright Medical and therefore complying with regulations set forth by regulatory agencies must be part of a comprehensive product lifecycle management strategy,” said Amy Cooper, quality documentation supervisor, Wright Medical, a global orthopaedic medical device company specializing in the design, manufacture and marketing of reconstructive joint devices and biologics. “Siemens PLM Software’s Teamcenter solution helps Wright Medical insure that information regarding our products will be available for the life of the product which can be 40, 80 or even 100 years.”
Teamcenter for Medical Devices facilitates comprehensive program lifecycle management, which in turn results in faster design cycles, accelerated time to regulatory agency approval, fewer design and submittal iterations and lower costs for design, development, manufacturing, testing and tracing.
Teamcenter facilitates this strategic approach by tracking all of the product data that pertains to product development activities performed by a medical devices OEM and its suppliers. By integrating compliance management into a complete product lifecycle, Teamcenter virtually eliminates manual data entry, improves data accuracy and reduces the costs of both compliance and non-compliance.
“Wright Medical has dramatically enhanced the availability of compliance data and reduced the time it takes to access that data,” added Cooper. “Teamcenter allows device history of the part to be available at the click of a button rather than having to search through physical files. Something that previously took weeks to find can now be accessed within minutes. Suppliers have direct access to data, enhancing efficiency and reducing time-to-market.”
“With our recent launch of Teamcenter 2007 complete, Siemens PLM Software is making good on its commitment to expand its list of industry specific solutions that create real value through tailored functionality,” said Steve Bashada, vice president of Teamcenter Applications, Siemens PLM Software. “Companies producing medical devices can now use Teamcenter to establish regulatory compliance as a strategic initiative by integrating the solution into their existing supply chain, design and manufacturing systems to support efficient data collection, reporting and traceability. Teamcenter's robust capabilities and integrated features establish the industry’s premier quality assurance environment for creating, managing, controlling, tracking and distributing all of the electronic product records associated with the medical devices lifecycle.”
TCS’ industry domain knowledge and solution development experience coupled with its system integration capabilities and channel partner relationships make it an instrumental partner in development and implementation of Teamcenter for Medical Devices. TCS’ Engineering and Industrial Services Practice helps customers across the world focus on developing and bringing innovative and efficient products to market faster.
“Teamcenter for Medical Devices, developed in collaboration between TCS and Siemens PLM Software, is an innovative solution that caters to the needs of the growing global medical devices market. Teamcenter for Medical Devices encapsulates predefined compliance needs of the industry thus making it easy to deploy and reliable to use,” said Regu Ayyaswamy, vice president, Engineering and Industrial Services, TCS. “TCS’ two decade-old partnership with Siemens PLM Software has grown stronger with time and has brought benefits to a multitude of customers across the globe in industries such as high technology, medical devices, aerospace and automotive.”
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development.
A part of the Tata Group, India’s largest industrial conglomerate, TCS has over 100,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for fiscal year ended 31 March, 2007 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
Siemens PLM Software, a division of Siemens Automation and Drives (A&D), is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software’s open enterprise solutions enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
The Siemens Automation and Drives Group (A&D), Nuremberg, Germany, is the leading manufacturer in this field worldwide. Products supplied by A&D include standard products for the manufacturing and process industries and for the electrical installation industry as well as system solutions, for example for machine tools, and solutions for whole industries such as the automation of entire automobile factories or chemical plants. Supplementing this range of products and services, A&D also offers software for linking production and management (horizontal and vertical IT integration) and for optimizing production processes. A&D employs 70,600 people worldwide and in fiscal year 2006 (to September 30) earned a group profit of €1.572 billion on sales of €12.848 billion and orders of €14.108 billion, according to U.S. GAAP. Further information about A&D is available in the Internet at www.siemens.com/automation.
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Teamcenter is a trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.