Frost & Sullivan Names Siemens Healthcare 2015 North American Medical Imaging Analytics Visionary Innovation Leadership Award Recipient

The company's teamplay solution, which focuses on optimizing interconnectivity, collaboration and benchmarking mechanisms for customers, places it in the top spot

04 Nov, 2015, 08:00 ET from Frost & Sullivan

MOUNTAIN VIEW, Calif., Nov. 4, 2015 /PRNewswire/ -- Based on its recent analysis of the medical imaging analytics market, Frost & Sullivan recognizes Siemens Healthcare with the 2015 North American Frost & Sullivan Award for Visionary Innovation Leadership. The innovative spirit and vision underlying Siemens Healthcare's new teamplay eco-system, as well as its potential to contribute to the dissemination of value in the medical imaging field, make the company the most deserving candidate for this award.

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teamplay is a collaborative tool designed to enable a team effort, which Siemens Healthcare refers to as a team sport approach. With its ability to fine-tune imaging procedures and optimize patient outcomes, the solution is extremely well-aligned with the unmet requirements of today's medical imaging market. For instance, it delivers on medical imaging providers' need to benchmark themselves against other competitors to assess their strengths, weaknesses and areas that deserve urgent improvement.

"In essence, teamplay marks the beginning of the development of a unified cloud-based analytics platform, which helps imaging providers decide on needed changes, and proceed through implementing and managing these changes," said Frost & Sullivan Principal Analyst Nadim Daher. "By potentially leveraging information collected through millions of imaging procedures performed by thousands of customers using the company's imaging equipment, teamplay fosters a collaborative spirit at the local, regional and national levels."

As such, teamplay perfectly exemplifies the prowess that can be achieved by applying the Internet-of-Things (IoT) concept to the medical imaging field. Siemens Healthcare is excelling in the two-tiered approach needed to realize an effective IoT: first, building a solid infrastructure for data collection that meets customers' privacy and reliability requirements, and second, designing an easy-to-use and workflow-integrated delivery mechanism for the resulting analytical insights.

"Realizing the changing realities of the medical imaging field over the past several years, Siemens Healthcare has thrived by evolving from being a technology vendor to a true partner for its imaging customers," noted Daher. "As a technology and market leader in Computed Tomography (CT) imaging and a dominant industry force in redefining dose efficiency in CT, the company has launched its teamplay network in this area first. The concept underlying teamplay is, however, applicable to every other medical imaging modality."

In addition to serving the needs of imaging equipment end users, teamplay is designed to support department managers in conducting retrospective studies that are necessary to implement new best practices across the imaging service line. Across these end-user groups, the solution will gain popularity, considering that it integrates well into the day-to-day imaging workflow, without the penalty of disruption or loss in operational efficiency.

teamplay brings similar operational efficiency to Siemens Healthcare as it does to imaging providers. The company leverages its own solution in its equipment servicing group and can be credited for implementing a preventative approach to maintenance services and supplanting the inefficient break-fix approach.

With new value-adding services such as teamplay, Siemens Healthcare is significantly boosting its value proposition. The company is making use of its deep clinical expertise and consulting excellence to elevate the vendor-customer relationship to a whole new level of partnership with healthcare providers.

Each year, Frost & Sullivan presents its Visionary Innovation Leadership Awards to companies that demonstrate the vision to leverage global Mega Trends and integrate them strategically into processes to achieve excellence. The Award recognizes the efficacy of the recipient's innovative process and the impact it has on business and society at large.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Siemens Healthcare

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of combined cycle turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2014, which ended on September 30, 2014, Siemens generated revenue from continuing operations of €71.9 billion and net income of €5.5 billion. At the end of September 2014, the company had around 357,000 employees worldwide. Further information is available on the Internet at http://www.siemens.com.

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