MOUNTAIN VIEW, Calif., June 4, 2013 /PRNewswire/ -- Based on its recent analysis of the enterprise imaging informatics market, Frost & Sullivan recognizes Acuo Technologies with the 2012 North American Frost & Sullivan Award for Market Share Leadership.
Frost & Sullivan research identified Acuo, now part of Lexmark's Perceptive Software (NYSE: LXK), as the market leader in vendor-neutral archiving (VNA). Furthermore, the company has significant standing in the broader enterprise image archiving market.
"Acuo continues its forward surge based on industry-leading products, technologies, and effective business strategies," said Frost & Sullivan Industry Principal Nadim Daher. "An unwavering focus on solving end users' specific challenges and a strategic commitment to advancing the state of the broader medical imaging informatics industry has underpinned its many successes."
A major benefit for clients of Acuo is the company's ability to advance the areas of VNA with integrated data migration capabilities. This has spurred constant improvements, with each component comprising Acuo's Universal Clinical Platform (UCP).
"Acuo continues to enhance its expertise in enterprise content management," added Daher. "It has steadily built on the pioneering developments it has brought to the field of enterprise medical image archiving; from initially designing the industry's most comprehensive and robust DICOM image archive, Acuo is now well underway to deliver on a broader value proposition centered on image-enabled enterprise content management (ECM) and data sharing."
Acuo has leveraged its outstanding product technology and technical capabilities to multiply its portfolio of prestigious contracts. These include an award with the United States Department of Defense (DoD). The award has Acuo implementing decentralized temporal nodes, providing integration, migration and routing technology for an estimated 25 million studies across all Army and Navy locations, while also centrally managing migrated and new study production of an estimated 4.5 million studies per year in a replicated and virtualized archive.
With the medical imaging markets in advanced economies aligning slowly but surely with the consolidated, best-of-breed model promoted by Acuo, the company has been experiencing strong momentum, both in its domestic U.S. market as well as globally.
"Acuo has achieved high growth in the key global markets it has strategically targeted, including in Europe, notably in the United Kingdom," remarked Daher. "This high growth is in stark contrast with the performance of the conventional RIS/PACS market, where industry participants have been facing challenging conditions during the last three years."
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in capturing the highest market share within its industry. The award recognizes the company's leadership position within the industry in terms of revenues or units, as specified.
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 in order to identify best practices in the industry.
About Acuo Technologies
Acuo Technologies, now part of Lexmark's Perceptive Software (NYSE: LXK), was founded in 2000 with the objective of developing the first enterprise-wide collaborative Universal Clinical Platform (UCP) solution for medical image content, both DICOM and Non-DICOM. Today, Acuo supports implementations of UCP around the world, including locations in Africa, Australia, Europe, North America and South America. For more information on providing superior clinical content management and data migration while simplifying operations and reducing costs, visit www.acuotech.com.
DICOM is the registered trademark of the National Electrical Manufacturers Association for its standards publications relating to digital communications of medical information.
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