There is a constant pressure on Medical Device companies to keep up with the latest regulatory legislations and at the same time to maintain optimized workflow. The fear of failing to comply with regulations has forced some of them to adopt an inefficient work structure, which results in higher costs and less budget for Innovation and New Product Development.
Faced with the challenge of decreasing time-to-market and decreasing costs in all levels, calls for better data management and information exchange efficiency. Product Lifecycle Management (PLM) is a tool supporting better workflow practices, document management, compliance with regulations, and optimizing scarce resources allocation. Aras Innovator® is an Opensource PLM platform that is flexible to individual needs and at the same time manages complexity in all levels.