This project addresses global diagnostic and therapeutic cardiology products, outlining a strategic approach to enhance their lifecycle and market performance. The initiative focused on controlling sustaining engineering costs, aiming to increase revenue and extend the longevity of the existing installed base and product portfolio. Key objectives also included boosting product-related service revenue to prolong device…
Focusing on global diagnostic and therapeutic cardiology products, ALTEN Technology implemented a strategic approach to optimize operations and improve market performance. The initiative aimed to control engineering costs, extend the longevity and revenue of the installed base, enhance product-related service revenue, and elevate end-user satisfaction. As a result, the project dramatically reduced lead times for high-priority initiatives by half, generated an additional $15 million in product and service revenue, and delivered first-year savings of $500K while boosting future output by 20%.