Welcome!

Industrial IoT Authors: Elizabeth White, Stackify Blog, Yeshim Deniz, SmartBear Blog, Liz McMillan

News Feed Item

Crimson Life Sciences Presents $400 Million Cost-Savings for Medical Device Manufacturers

Crimson Life Sciences, a division of TransPerfect and the only ISO 13485 and ISO 14971 certified translation provider, will co-present a webinar with noted DITA/XML expert JoAnn Hackos and the Center for Information-Design Management. The webinar, entitled “The $400 Million Prize – Reducing Content Costs and Improving Quality in Regulated Industries,” is scheduled for 12:00 PM EST on 11/29 (registration is here).

A Cure for the $1 Billion Industry Headache

Explains Crimson president and co-presenter Marc H. Miller, “Most manufacturers have document-based content systems and use applications like Word or InDesign to produce their labeling and marketing materials. This severely hampers their ability to standardize and reuse content. It also increases process cost and error risk.”

Document-based systems require manual operations to create or update labeling, both in the English source and all translated versions. Research indicates that manual formatting processes are a significant contributor to the device industry’s $1 billion per year “Total Cost of Content” (research available on request); they are also responsible for 50% of labeling errors, the number-one cause of costly product recalls.

Now, increasing regulatory and economic pressures have prompted manufacturers to tackle the rising cost and risk of document-based labeling and content systems. The most effective approach uses the DITA/XML authoring standard in combination with component content management and process automation software. Device makers who successfully implement XML publishing processes are seeing 40% reductions in total translation costs and up to 70% reductions in turnaround times. Industry-wide, this amounts to an estimated $400 million in potential savings. Says Miller, “In addition to reducing cost, risk, and turnaround, XML publishing also enables content reuse on other platforms, like web or tablet-based apps.” Not surprisingly, an estimated 70% of large device manufacturers have some form of XML initiative underway (research/internal discussion, pilot project, implementation, etc).

EnCompass the Solution

To provide an integrated solution to XML publishing, as well as the many other content management challenges facing today’s global device makers, Crimson and its parent company, TransPerfect, are pleased to introduce EnCompass: content solutions for medical device manufacturers.

Combining Crimson’s patented translation risk management (U.S. Patent No 8,140,322 B2) with technology and resources from the TransPerfect family of companies, EnCompass is the first service to address all the varied content needs of today’s global medical device manufacturer. Says TransPerfect Co-CEO Liz Elting, “We’re very excited to introduce this new service line—the first of its kind in the medical device industry.”

About Crimson Life Sciences

Crimson Life Sciences is a division of TransPerfect Translations International, Inc. and is the only translation practice exclusively devoted to the medical device industry. Crimson is the world’s first translation firm certified to both ISO 13485 and ISO 9001 and the only translation firm certified to ISO 14971. Crimson’s ISO 14971-certified risk management system is the basis for the world’s only translation risk management patent (U. S. Patent No. 8,140,322 B2). TransPerfect, certified to ISO 9001 and EN 15038, is the world’s largest privately held language services provider with more than 80 offices worldwide. For more information, visit www.crimsonlanguage.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?