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Frost & Sullivan Commends Validic for Delivering Superior Customer Value through its mHealth Interoperability Technology Platform
Date:7/29/2014

LONDON, July 29, 2014 /PRNewswire/ -- Today, Frost & Sullivan recognizes Validic with the 2014 Global Frost & Sullivan Best Practices Award for Customer Value Leadership. The Validic mHealth interoperability solution is a cloud-based platform that connects digital health application developers, medical devices and healthcare clients - such as providers, pharmaceutical companies, prevention and wellness companies, population health management companies and consumer electronics.

Each year, Frost & Sullivan presents this award to a company that has demonstrated excellence in implementing strategies that proactively creates value for its customers with a focus on improving the return on the investment customers make in its services or products. This award recognizes Validic's exemplary focus on enhancing the value its customers receive, including customer service, customer retention and customer base expansion.

"On analysis of the market landscape for healthcare interoperability solutions, Validic clearly stood out as generating the best value," said Frost & Sullivan Research Analyst Shruthi Parakkal. "One of the things that sets Validic apart is the company's focus on customers throughout the entire process," noted Parakkal. "Furthermore, its mHealth interoperability platform is a unique technological solution with a quick deployment time of a few hours, and is 90 percent cheaper than a healthcare company trying to build a comparable mHealth solution internally. Validic is a great value to healthcare companies looking to accelerate their digital health business strategies."

Validic constantly expands its ecosystem of mobile health apps, wearable devices and in-home medical devices by collaborating with mHealth companies of all sizes, scales and reach. Moreover, its vast repertoire of mobile integrations makes Validic's digital health platform a great solution for enterprises, as well as emerging companies. As a result of Validic's advanced technology, healthcare companies have convenient and quick access to healthcare patient data from a variety of devices and applications with one simple connection. 

Validic Co-founder and CEO Ryan Beckland stated, "We are truly honored to be recognized by Frost & Sullivan, who is a global industry leader in analyzing markets, industry trends and best practices.  This Best Practices Award reinforces our solid results in digital health data interoperability, is a great testament to our proven technology success, and supports how our work ultimately drives value for our customers. This recognition further validates our industry leadership position and our focus on our customers."

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 Validic

Validic is the healthcare industry's leading technology platform for convenient, easy data access to a world of mobile health and in-home devices, wearables and patient healthcare applications. By connecting its growing base of customers — that includes providers, payers, pharmaceutical companies, wellness companies and health IT vendors — to the continuously expanding list of digital health technologies, Validic enables healthcare companies to better coordinate care across their communities, improve their patient engagement strategies, enhance their remote patient monitoring capabilities, and more efficiently manage their patient populations. Validic's scalable, reliable and FDA Class I MDDS technology delivers actionable, standardized, HIPAA-compliant consumer health data from best in-class health devices and applications. Validic's leading global digital health ecosystem reaches over 72 million lives and continues to grow daily. To learn more about Validic, please follow us on Twitter at @validic or visit www.validic.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:

Chris Edwards
SVP Marketing
Validic
800-495-7934
chris.edwards@validic.com

Adelaide Mendes
Best Practices Group
Frost & Sullivan
Tel.: +44-(0)-207-9157869
E-mail: adelaide.mendes@frost.com


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