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This talk tells the story of how silicon technology came to the Santa Clara Valley from Bell Labs via Shockley Semiconductor Laboratory and Fairchild Semiconductor Corp. in the late 1950s. The contributions made by engineers and scientists at these companies laid the foundation of what today is called Silicon Valley. Do you have enough sales leads in your pipeline? Consultants have to make better use of time in today's business climate. This makes it harder to reach potential clients, let alone book an appointment. Mike Johnson will show you how to find your "suspects," make contact with them, and arrange that all-important interview. You have the technical expertise and you're ready to get to work, but it's not enough to be technically adept - or even technically brilliant! Your professionalness as perceived by prospects, clients, decision-makers and internal stakeholders directly affects your ability to land and maintain business. Join us for an interactive workshop and panel discussion on how to be a more professional consultant. CNSV member Dennis Falkenstein will help you learn how medical products are brought successfully to market by both large companies and start-ups. Understanding the aspects of introducing emerging new innovations will provide an overview of the necessary market study, sales channels, regulatory requirements and reimbursement issues that are required domestically. A brief insight into marketing medical devices globally will also be provided. Good positioning, differentiating, pricing, and partnering are developed as part of a marketing strategy that answers key questions about the engineer consultants' market, target client needs and problems, and unique consultant capabilities that can be proven. Al Peterson will take you through the steps to accomplish just this.
Conference: Flash Memory Summit
Wednesday, August 12, 2009
IEEE-CNSV will have a booth on the Exhibit Floor at this event, allowing CNSV members with a great vehicle for publicizing their skills as well as the merits of our organization. CNSV members also receive special pricing for this conference, and two CNSV members will be awarded full conference admission as well. Many aspects of this event that are free, so register now on the conference website. Join Carl for a morning of "hands-on" training. Carl will lead you step-by-step through the process of setting up a "consulting resume presence" on craigslist. Join Steven Cerri, engineer, consultant, trainer and coach to engineers, for a morning of communication training. IEEE-CNSV member Larry Nagel will talk about the SPICE, the circuit simulation program he first developed while a student at UC Berkeley in the late 1960s. This talk will provide an overview of common programming methods in the cloud, including MapReduce, Hadoop, and Cascading.
CNSV Event Details
Medical Devices: Marketing Your Skills and Ideas
Tuesday, September 15, 2009 7:00 PM
KeyPoint Credit Union
2805 Bowers Ave., Santa Clara, CA 95051
Dennis F. Falkenstein, Medical Device Consulting
Free to the public
No RSVP needed
Map & Directions
Program Slides

Engineers can develop very interesting and unique ideas to feed innovations into the healthcare industry. Technology is providing many answers to patient care, treatment and monitoring, but many of these promising ideas never reach the market. This is not because they lack great promise, but instead they were never introduced properly. This can be very frustrating to engineers at start-ups and even large companies since many companies lack effective marketing and sales skills.

This talk will explore many of the aspects that need to be considered in the success of marketing any product, especially in the medical device arena. The information is meant to be an overview of considerations that are needed in the development of a successful product launch.

Some of the topics to be covered are;

  • Target Market
  • Competing technologies and companies
  • Possible component for a larger company
  • Target pricing: cost vs. value-added
  • Sales channels: direct vs. distributor
  • Regulatory considerations: FDA, HIPAA, SOX
  • Increasing Patient Outcomes
  • How does the customer pay for the device? Reimbursement/CMS
  • CRM: What is it?
  • Service and maintenance issues

If you are consulting directly with engineers or with management in the medical field, you will increase your value by understanding a few of these principles. There are design requirements that directly tie to the success of the product within the industry. These requirements are not always apparent to the engineer, and in fact they may not have been well thought out when drafting the requirements specifications. Your clients will welcome your understanding of certain marketing issues no matter what your specialty is.


About the Speaker
CNSV member Dennis Falkenstein has been in the medical device/software field for 35 years. He has been involved at various levels of marketing emerging medical technologies.

Graduating from the University of Wisconsin with a BSEE and MBA, Dennis went on to work for industry leaders large and small including Marquette Electronics, Searle Radiographics and Siemens Healthcare. After a short stint in design, he was attracted to the customer relations and requirements end of the business.

Dennis progressed from sales to sales management, and ultimately to Vice President of Sales and Marketing. The success of several products in diagnostic imaging, networking and patient treatment were attributable to his teams. Dennis' current business is Medical Device Consulting, through which he works for large and small companies in the U.S., Europe and Asia.

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