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Siemens Medical Solutions Honoured with Two Frost & Sullivan Awards.


Business Editors/Health/Medical Writers

LONDON--(BUSINESS WIRE)--April 5, 2004

For outstanding achievements on both the products as well as the services offerings, Siemens Medical Solutions Siemens Medical Solutions (Siemens Med) is a supplier to the healthcare industry, and is headquartered in Erlangen, Germany. Its U.S. division, Siemens Medical Solutions USA, Inc., is a Delaware corporation, with headquarters in Malvern, Pennsylvania.  has been recognised with two Frost & Sullivan Awards A Sullivan Award may refer to:
  • Algernon Sydney Sullivan Award or Mary Mildred Sullivan Award; awarded at 29-grantee institutions of the Algernon Sydney Sullivan Foundation.
 for Product Line Strategy Leadership and Service Differentiation Innovation.

The Product Line Strategy Leadership Award was conferred con·fer  
v. con·ferred, con·fer·ring, con·fers

v.tr.
1. To bestow (an honor, for example): conferred a medal on the hero; conferred an honorary degree on her.
 on Siemens for its commitment to address current customer requirements, and the latest strategic re-positioning of its product range to this end.

The Frost & Sullivan Award for Product Line Strategy Leadership is presented each year to the company that has demonstrated the most insight into customer needs and product demands. Siemens Medical Solutions has optimised its product offering by introducing three distinct product lines with various price, performance, and feature points required by the market.

SIENET, The Integrated Radiology radiology, branch of medicine specializing in the use of X rays, gamma rays, radioactive isotopes, and other forms of radiation in the diagnosis and treatment of disease.  Suite, is now available in the three product lines SIENET Sky, SIENET Cosmos cosmos (kŏz`məs), any plant of the tropical American genus Cosmos of the family Asteraceae (aster family). C. bipinnatus, , and SIENET Magic. The suite offers highly scalable modules capable of being integrated with both existing as well as future imaging equipment and information systems. This pioneering initiative has allowed Siemens to effectively accommodate all levels of radiology service providers in the market. It has helped Siemens to offer economical solutions tailored to customer demands.

As the first vendor to offer three systems with differing capabilities under discrete brand names, Siemens has proven to be a leader in the PACS (Picture ArChiving System) A storage and management system for high-resolution images. Typically pertaining to the medical field, images such as X-rays, MRIs and CAT scans require a greater amount of storage than other industries.  industry. Competitors are expected to follow Siemens' approach and leverage their respective product lines for the benefit of customers. "Frost & Sullivan applauds the efforts made by Siemens Medical Solutions in optimising its product line and enhancing the key features offered in the distinct solutions within the SIENET Radiology Suite and believes that the company will continue to increase its market share and goodwill through such initiatives," comments Frost & Sullivan Analyst Siddharth Saha.

On the service side, Siemens has developed a unique information technology services portfolio to meet rising demand from healthcare providers for information technology systems to rationalise Verb 1. rationalise - structure and run according to rational or scientific principles in order to achieve desired results; "We rationalized the factory's production and raised profits"
rationalize
 operations, improve clinical outcomes, minimise medical errors and ensure the integrity of patient data.

For its commitment towards building a professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  portfolio with highly innovative customer-focussed elements, Siemens also received the Service Differentiation Innovation Award in the European PACS professional services market.

Siemens' IT services are designed to support the provider institutions' business objectives. The service strives to ensure that clients' IT management needs such as planning and designing, implementation, systems integration and managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality  are taken care of.

"Frost & Sullivan honours the efforts taken by Siemens Medical Solutions to enhance the delivery mechanism for professional services in healthcare information technology. This has resulted in considerable benefits to the end users. Frost & Sullivan believes that Siemens is set to garner a large share of the European professional services market," concludes Mr. Saha.

About Frost & Sullivan

Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyses specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.

About Siemens Medical Solutions

Siemens Medical Solutions is one of the largest suppliers of healthcare equipment in the world. Med is renowned for its innovative products, services and complete solutions, ranging from imaging systems for diagnosis and therapy equipment for treatment, over IT solutions that optimize optimize - optimisation  workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle.  and increase efficiency in hospitals, clinics and doctors' offices to electromedicine and hearing instruments.
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Publication:Business Wire
Date:Apr 5, 2004
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