Le Lézard
Classified in: Science and technology, Business
Subject: CXP

Continued Growth Drives Arena Solutions to Open New Offices in Texas and China


FOSTER CITY, Calif., Sept. 12, 2018 /PRNewswire/ -- Arena Solutions, the leading cloud-based product realization platform for complex electronics and medical device companies, announced today it has opened new offices in Austin, Texas and Suzhou, China in response to rapid growth and success in the Internet of Things (IoT) and medical device markets.

Arena Solutions logo (PRNewsFoto/Arena Solutions)

More than 1,000 manufacturing customers use Arena's comprehensive cloud-based software to increase the success of new product development (NPD) and new product introduction (NPI) initiatives. Using Arena, manufacturers improve visibility and enhance collaboration, enabling dispersed teams to introduce innovative products rapidly with fewer errors.

The company is achieving growing success in the IoT market, which IDC predicts will reach $1.2 trillion in spending by the end of 2022. According to Lucintel, the global medical device market, which is also heavily influenced by IoT, is expected to reach an estimated $409.5 billion by 2023.

Arena just opened two new offices in Austin and Suzhou to expand hiring for sales, marketing, and professional services staff. Arena's expansion in Suzhou will increase software development to support the existing team of developers in Foster City, Calif.  

"Arena's success has been driven by our employees who are helping manufacturers break through the barriers of traditional product lifecycle and quality management," said Fred Waugh, Arena vice president of marketing. "By tapping into the strong talent pool in Austin and Suzhou, we are building out a much bigger and empowered team to accelerate global supply chains."

About Arena Solutions
Arena Solutions helps innovative electronic high tech and medical device companies create products that change the world. Arena unifies product lifecycle (PLM) and quality management (QMS) processes, allowing every participant throughout the product realization process from design to manufacturing to work together. With Arena, teams accelerate product development and delivery to increase profits. For more information, visit ArenaSolutions.com.

 

SOURCE Arena Solutions


These press releases may also interest you

at 09:15
Vibrant Wellness, a leader in specialized diagnostics and personalized health tools, announced today that its Tickborne Testing received approval from The Wadsworth Center, part of the New York State Department of Health.This approval enables Vibrant...

at 09:00
Guidewire announced that Guidewire PartnerConnect Consulting and Global Premier partner, Ernst & Young LLP (EY), has achieved the global Migration Acceleration Specialization. Partners who have earned this specialization have demonstrated the...

at 09:00
The Commerce Casino & Hotel, home to the largest poker room in the world, proudly announces an exciting partnership with the richest, most prestigious, and longest-running poker series ? the World Series of Poker® (WSOP®). This collaboration...

at 09:00
The Prelude Network® (Prelude), the largest network of fertility clinics in North America, announced today an expansion of its partnership with Labcorp , a global leader of innovative diagnostic and biopharma laboratory services, to serve as its...

at 09:00
Rex 3 recently opened its doors to students from Florida Atlantic University (FAU) for Rex 3's 11th Annual 101 Printing Tour, reinforcing its commitment to community engagement and education in the printing industry. This tour provided students with...

at 09:00
GigaMedia Limited today announced its unaudited financial results for the fourth quarter and full year of 2023. Highlights For 2023, GigaMedia reported revenues of $4.3 million, with a gross profit of $2.4 million, an operating loss of $3.2 million...



News published on and distributed by: