Syndicom

Syndicom™ Announces the Release of Web-Based Collaborative Knowledge Networks to Connect R&D Teams

“Fail fast, fail cheap. Syndicom launches DesignEdge™ and new paradigm for collaborating across borders. ”


Durango, Colo. – (February 16, 2009)
– Syndicom, Inc, leading provider of web-based innovative platforms for online collaboration and knowledge networks for medical professionals, announces new DesignEdge™ collaboration features for product development and compliance teams and a new mantra: Fail Fast, Fail Cheap.

Developing medical technologies involves global partnerships and specialized teams communicating efficiently and effectively. Any breakdown in communication means lost productivity and development gaps. DesignEdge™ is a collaborative web-based solution that links design and development teams and surgeons to evaluate and assess the feasibility of any product or procedure. DesignEdge™ helps product managers collaborate seamlessly with product development teams to shorten time to market by identifying if a product will succeed or fail.

“Fail fast, fail cheap’ is what is required in today’s competitive landscape,” said Scott Capdevielle, CEO, Syndicom. “Being first to market potentially means hundreds of millions of dollars in extra revenue compared to your competitors. DesignEdge™ instantaneously addresses design, development and implementation issues and challenges, thereby saving companies valuable time in the race to bring new technologies to market. In fact, the software concept was born out of a request by our surgeon and industry partners to create a collaborative tool that accelerates and streamlines research and decision-making processes.”

The DesignEdge™ innovation-oriented software integrates into the development process as team members are invited to join the secure, web-based group. Feedback on group challenges is sent via email and web notifications, and team leaders easily manage reports and track group activity. Using DesignEdge™ means having visibility on member activity through compliance automation features. Every surgeon consulting contract is scrutinized by the OIG or the DOJ for its compliance to terms. DesignEdge™ tracks collaborative contributions of the surgeon-consultant and automatically compiles a report available instantaneously whenever the corporate partner needs it.

“With all product development efforts, we understood we had to deliver a collaborative solution that would allow members to identify product issues and rapidly iterate within global teams,” said Walker Thompson, VP Sales and Marketing. “The solution works to support design and development management and also adds value to compliance teams.  DesignEdge™ offers the ability to track every contribution of surgeon designers in a tracking interface that accounts for contributions so industry partners can log important activities.”

To learn more about DesignEdge™, please visit http://syndicom.com/designedge/.

About Syndicom, Inc.
Syndicom provides an array of Web-based tools that allow medical professionals, medical device manufacturers, and other professional communities to work together and solve problems in a timely, efficient and economical way. The company’s set of proprietary collaborative technology products fosters the discovery of new treatment plans, more effective surgical techniques, and life-saving medical devices. Syndicom’s advanced communication tools let physicians around the world post challenging patient cases and respond immediately to their colleagues’ questions. At the same time, Syndicom’s platform gives medical companies the ability to leverage and extend the knowledge and skills of physicians in the development of new medical technologies and devices. To learn more, visit www.syndicom.com.