American Medical Device Summit - Why CADDi Loves AMDS

What is the American Medical Device Summit?

And why do we love it at CADDi?

The American Medical Device Summit (AMDS) is a conference that brings together leadership from top medical device companies to find opportunities for innovation and collaboration. CADDi was fortunate enough to attend the 12th annual conference in our home of Chicago, and we’re looking forward to supporting the conference in the future.

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What are the goals of the American Medical Device Summit?

The AMDS states four key themes of the summit that they aim to achieve:

Design

The AMDS seeks to improve design of new medical devices by sharing cultural best practices at the summit. Regardless of what a company specializes in, philosophy around design elements like revision, change management, and collaboration have the same goals. The AMDS seeks to provide an opportunity for leaders to discuss how they each address these challenges and collaboratively come up with new solutions.

Product Development

The medical device industry moves fast. As new technology emerges, there are always applications in improving treatment plans. Understanding how to transform new technologies into new products is a major challenge facing every medical device company. AMDS understands that the best way to move fast is to collaborate. Specialists in different fields can cross-reference new opportunities to each come up with new products in their areas.

Quality and Regulatory

Another shared challenge by everyone in the medical device space is navigating regulatory bodies. These policies are necessary to ensure safety and consistency in treatment, but can slow down opportunities for innovation if managed improperly. Exactly what testing is required, what forms need to be submitted to who, and other tasks change year by year in response to new technologies and findings. The American Medical Device Summit brings together those facing these same challenges to share information and processes.

Innovation

Perhaps the most impactful outcome of the AMDS is providing opportunities to innovate on wholly new technologies. Each participant has different perspectives on what new technologies are worth exploring and to what ends. By collaborating across different industry areas, completely novel uses can be hypothesized and explored.

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Activities at the American Medical Device Summit

The AMDS facilitates these goals with a variety of activities, including:

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• Expert speakers providing sessions on their specializations, to share best practices and stimulate discussion
• Meeting opportunities bringing together leaders across businesses to collaborate and innovate
• Showroom floors where sponsors can show off new products to help device manufacturers
• “Marketing 365”, a trademarked marketing program that allows invitees to share valuable knowledge via blog posts and other content
• Invitee catalog that organizes business intelligence to help you make valuable connections

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CADDi and AMDS

CADDi and AMDS align on many goals in elevating manufacturing intelligence. We recognize that in fast-moving, ever-changing industries like medical device manufacturing, there are sometimes conflicting goals. You need to constantly innovate new products while meeting rigorous regulatory requirements. At the same time, improving speed to market is a massive priority. Not only does the first mover have a big advantage, sometimes lives are on the line when new devices are delayed.

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To all of these ends, we developed CADDi to make innovation and collaboration more efficient. Iterating on products to meet standards is much easier when you can easily retrieve past designs. These days, the most excess time in bringing a new product to market isn’t in physical production or shipping, which have each been already optimized. Instead, the best time savings are in data-based decision-making, like sourcing component parts, revising designs, and estimating costs. These are the areas CADDi seeks to improve in speed and consistency.

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The more you can improve the efficiency of design and collaboration, the more innovative and experimental you can be. CADDi empowers the spirit of AMDS in software with our best-in-class innovative features.

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See it all in action by checking out a demo or walking through our interactive experience.

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