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Full-Time

Solution Architect

Posted on 8/7/2023

Penumbra Inc

Penumbra Inc

1,001-5,000 employees

Develops medical devices for vascular conditions

Hardware
Biotechnology
Healthcare

Compensation Overview

$153k - $204.8kAnnually

Senior, Expert

Alameda, CA, USA

Category
Solution Engineering
Sales & Solution Engineering
Required Skills
Communications
Management
SAP Products
Word/Pages/Docs
Salesforce
PowerPoint/Keynote/Slides
Requirements
  • Bachelor's degree in computer science, information technology, engineering, system analysis or related study
  • 8+ years of experience in at least two IT solution development disciplines
  • Participation in a minimum of 2 full software lifecycle implementations
  • Experience understanding business goals of a commercial organization
  • Exposure to multiple technologies and platforms
  • Knowledge of strategic and emerging technology trends
  • Experience with CRM platforms like Salesforce, MS Dynamics, SAP
  • Familiarity with master data management concepts
  • Experience in medical or healthcare industry preferred
  • Experience with source control management systems
  • Strong communication skills
  • Proficiency with MS Word, Excel, and PowerPoint
Responsibilities
  • Design and align enterprise architecture principles
  • Provide architectural governance support
  • Assist in identifying and developing new service offerings
  • Architect, design, and implement products and solutions
  • Transform requirements into detailed systems design
  • Provide technical support for business requirements analysis
  • Work with IT Change Management teams
  • Adhere to Quality Management System and regulations
  • Perform other work-related duties as assigned

Penumbra Inc. specializes in creating medical devices aimed at treating neurovascular and peripheral vascular conditions. Their products, such as the Penumbra System and the Indigo System, are designed to assist healthcare professionals in addressing issues like stroke and other vascular diseases. These devices work by providing advanced tools for interventions in neurology and vascular surgery, allowing for effective treatment options. Unlike many competitors, Penumbra focuses on a specific range of conditions and invests heavily in research and development to continuously enhance their offerings. The company's goal is to deliver high-quality medical devices that meet the needs of healthcare providers and improve patient outcomes.

Company Stage

IPO

Total Funding

$3.4M

Headquarters

Alameda, California

Founded

2004

Growth & Insights
Headcount

6 month growth

4%

1 year growth

8%

2 year growth

17%
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Simplify's Take

What believers are saying

  • Penumbra's recent product launches, such as the BMX81 and BMX96 in Europe, demonstrate their commitment to expanding and improving their product portfolio.
  • Significant investments from firms like Jennison Associates LLC and Algert Global LLC indicate strong financial backing and confidence in Penumbra's growth potential.
  • The company's participation in high-profile conferences like the Truist Securities MedTech Conference and the William Blair Growth Stock Conference highlights its industry recognition and thought leadership.

What critics are saying

  • The highly competitive medical device market requires Penumbra to continuously innovate to maintain its market position.
  • Regulatory challenges and the need for CE Marks and FDA approvals can delay product launches and impact revenue.

What makes Penumbra Inc unique

  • Penumbra's focus on both neurovascular and peripheral vascular conditions sets it apart from competitors who may specialize in only one area.
  • Their continuous investment in R&D ensures that they remain at the forefront of medical device innovation, particularly with recent launches like the Lightning Flash 2.0 CAVT technology.
  • Penumbra's global reach, serving healthcare providers in over 100 countries, provides a broad market presence that many competitors lack.
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