Premier Farnell's Global Technology Centre Accelerates Design Cycles with Specialist Medical Application Notes and Development Kits
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Premier Farnell Corp.
7061 E. Pleaseant Valley Rd.
Independence, OH, 44123
Press release date: February 16, 2011
Global Technology Centre showcase their latest medical application, the Digital Stethoscope, available via element14.
London - In order to accelerate electronic design engineers' design cycles and reduce time-to-market, Premier Farnell plc (LSE:pfl), the high service distributor, has today announced, that the technical team at its Global Technology Centre (GTC) has developed a comprehensive portfolio of vertical market development application notes for; alternative energy, automotive, communications, consumer electronics, LED lighting and robotics. The latest development is a series of medical-related applications that include medical instruments, diagnostic tools, imaging and portable devices, culminating with an innovative application note and development kit for a Digital Stethoscope, all available at element14, Premier Farnell's leading industry-first online community for electronic design engineers.
The significant announcement comes at a time when the medical electronics market is estimated to be around $128.6 billion USD at a growth rate of 8% over the next 5 years resulting in market size of about $191.1 billion USD. In addition, the medical industry is the fastest growing segment in the industrial semiconductor market with an average growth rate of 10%, representing almost 10% of the $29.7 billion USD globally in the industrial semiconductor market.
"The implementation of these new development kits and niche application notes gives us additional resources and tools to help our customers create the best-in-class designs. It has never been easier to design and order the development kits engineers need to build a prototype with a single click." said Edmund Lim, Technical Marketing Engineer at element14. "The knowledge of our technical team at the Global Technology Centre, when combined with our leading-edge transactional websites, offers customers a solution second to none for their purchasing and design needs."
About Premier Farnell
Premier Farnell plc is leading the way in the high service, multi-channel provision of essential products, information, software and technology solutions to electronic design engineers, maintenance and repair engineers and purchasing professionals globally. Its differentiated proposition includes 29 local language transactional websites, and the critically important element14 eCommunity for design engineers - an industry first (www.element14.com). With sales last year of £795.3m and underlying profits of £54.8m the Group distributes its comprehensive portfolio of products and services throughout Europe, North America and Asia Pacific, supported by a global supply chain of over 3,500 suppliers and an inventory profile developed to anticipate and meet its customers' needs. Recently awarded Platinum status by the Business in the Community Corporate Responsibility Index the business takes its CSR commitments very seriously.
While global in scope, Premier Farnell recognises the individual needs of each market and has continued to internationalise its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in Europe, Newark in the US, Canada and Mexico and Farnell Newark in Brazil. Across Asia Pacific the business trades as element14.
Key facts Operations in 35 different countries 4,100 employees Over 2 million customer contacts in 156 industries Over 3,500 leading suppliers Over 400,000 products stocked with access to over four million more on demand Global leader in legislation RoHS, WEEE, REACH
For more information visit the website at PremierFarnell.com.
PR Manager, Europe and Global
Premier Farnell and Farnell
Tel: +44 (0) 113 279 0101
Pinnacle Marketing Communications, Ltd
Tel: +44 (0) 20 8869 9339
Tel: +001 (1) 773 907 5941
Tel: + 65 6788 3922