There is tremendous pressure on life sciences companies to deliver product innovation, comply with stringent regulatory requirements and meet quality demands -- while delivering top-line growth and bottom-line results
(PRWEB) August 21, 2009
Cardiff-by-the-Sea, CA Strategic Information Group (Strategic), a full service provider of enterprise technology, quality and regulatory management solutions, applauds life sciences clients on recognition for exceptional revenue growth. A survey published in the June 12, 2009 edition of the San Jose Business Journal lists the 21 fastest growing medical device companies in Silicon Valley for 2008. Five of the top 10 fastest growing medical device companies listed (and three of the top five) work with Strategic to ensure that their enterprise technology systems are ready and able to support their companies' current and future growth initiatives.
Strategic congratulates these customers for their outstanding success:
Survey Rank Company 2008 Revenue Growth Rate
#1 Hansen Medical $30.2M 199.8%
#2 Cardica $7.6M 114.4%
#4 Conceptus $102M 58.3%
#8 VNUS Medical $101.2M 42.7%
#10 Cepheid $169.6M 31%
"There is tremendous pressure on life sciences companies to deliver product innovation, comply with stringent regulatory requirements and meet quality demands -- while delivering top-line growth and bottom-line results," said Doug Novak, President and Chief Executive Officer of Strategic. "We're especially proud and excited that these companies have not only demonstrated extraordinary growth, but have done it in the face of extreme economic challenges."
These high-growth Strategic customers all use QAD enterprise resource planning (ERP) software, for which Strategic is a leading reseller and implementation consultant. Strategic serves a significant number of the fastest growing medical device manufacturers in the Bay Area, a major geographic center of established life sciences companies as well as start-ups.
Strategic has helped hundreds of North America's most successful life sciences companies leverage enterprise technology to reach their planned corporate goals whether for rapid growth, international expansion, IPO, acquisition or preparing systems for pending commercialization. QAD ERP solutions are recognized for proven success in the life sciences vertical and ease of ramp-up for rapidly growing companies around the world.
"Emerging medical device manufacturers in the Bay Area and across the United States know they can rely on Strategic to help them leverage enterprise technology to drive ROI, compete successfully in the global marketplace, and grow rapidly and effectively," said Novak. "Strategic is honored to play a part in the vitality of the life sciences industry, and we salute our Silicon Valley customers for their remarkable growth achievements and economic contributions."
About Strategic Information Group
Strategic helps companies achieve their corporate goals with the application of enterprise technology. We specialize in providing proven solutions for a full range of enterprise applications including ERP, CRM, Regulatory Management and Corporate Performance. Strategic works with start-ups, multinationals and market leaders to implement their systems on time and on budget, helping them maximize the value of their enterprise technology. For more information about Strategic Information Group visit http://www.strategic.com.
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