Accenture Invests in Virtonomy to Help Medical Technology Companies Use Digital Twin Technology to Accelerate Time to Market for Medical Devices

Accenture Invests in Virtonomy to Enable Healthcare Technological innovation Corporations Use Digital Twin Engineering to Accelerate Time to Sector for Health-related Gadgets

MUNICH and NEW YORK April 12, 2023 – Accenture (NYSE: ACN) has created a strategic expenditure, via Accenture Ventures, in Virtonomy, a company of details-driven simulations that use current patient details and electronic twin technology to deliver existence-saving clinical equipment to market extra promptly. Accenture’s financial investment will aid Virtonomy even further prolong its abilities to medical technologies (MedTech) companies throughout the globe and electric power the long run of professional medical unit style.
Virtonomy’s digital twin simulation option permits medical product producers to build product individual virtual environments for product screening at a diminished price tag and with a lesser degree of regulatory complexity. The alternative is dependent on an at any time-increasing database of authentic medical knowledge that demonstrates elements these types of as anatomical variability, demographic range, and pathological circumstances.
“Digital twin technology, together with data, analytics and AI, is opening the door to countless new opportunities to reinvent the existence sciences field,” claimed Tom Lounibos, controlling director of Accenture Ventures. “But there need to always be a robust info basis to establish correct digital twin simulations. We will operate with Virtonomy to established a approach for serious-time data collection that involves substantial-good quality historic details, as effectively as continual facts monitoring and validation from new sources.”

For occasion, Virtonomy’s remedy can use current info from scientific trials with little ones to generate virtual environments where by medical equipment can be conveniently established up, adjusted and validated, and likely impact is observed immediately. This technique saves time and continue to meets regulatory and ethical needs. Dependent in Munich, Germany, Virtonomy contains an interdisciplinary staff of professionals in health-related engineering, picture and details processing, visualization and medical observe.
Petra Jantzer, Ph.D., a senior controlling director and world wide lead of the Accenture Lifetime Sciences practice, claimed, “MedTech organizations are prioritizing digital health and fitness by investing in R&D, know-how, electronic transformation and producing new company models. Virtonomy’s electronic twin technological innovation can assist increase medical gadget layout in a virtual client location, accelerating improvement timelines and lowering costs, risk, and regulatory barriers. Virtonomy is reinventing how professional medical gadgets are safely and securely and speedily introduced to individuals.”
“The health care gadget market is struggling with rising complexity in growth processes, impacting chance, value, and time-to-sector for critical clinical units,” claimed Dr. Simon J. Sonntag, co-founder and CEO of Virtonomy. “Digital twin technology can aid address these challenges and tapping into Accenture’s abilities in data tactic and management will enable Virtonomy grow our present database of medical information, with vital knowledge and actionable insights that can streamline the clinical unit producing course of action.”
The Accenture Technological know-how Vision 2023 report, “When Atoms Meet Bits: The Foundations of Our New Reality,” expands on the added benefits of electronic twin technology, noting that electronic twins produce a “window of transparency” that frees up far more details. According to the report, “this will allow homeowners and operators to much more conveniently visualize, question, and analyze electronic twins at various ranges of granularity and scale, successfully empowering them to make much better educated, more actionable choices.”
This expense is aspect of Accenture Venture’s Venture Spotlight, an engagement and expense system that targets emerging technological innovation program firms that can support fill strategic innovation gaps for the Global 2000. In addition to money investments, Accenture Venture’s Job Highlight gives unparalleled accessibility to Accenture’s technological know-how domain abilities and its business consumers. Technologies providers co-innovate with Accenture at its Innovation Hubs, Labs, and Liquid Studios, functioning with issue matter industry experts to adapt their options to the organization current market and scale speedier and a lot more properly.
About Accenture
Accenture is a leading global expert services business that aids the world’s primary enterprises, governments and other companies make their digital main, enhance their functions, accelerate profits advancement and improve citizen services—creating tangible price at speed and scale. We are a talent and innovation led corporation with 738,000 persons serving clientele in a lot more than 120 nations. Technology is at the main of modify now, and we are 1 of the world’s leaders in supporting drive that alter, with sturdy ecosystem interactions. We mix our power in technological know-how with unmatched sector knowledge, functional skills and global shipping and delivery capacity. We are uniquely ready to supply tangible results due to the fact of our broad assortment of providers, solutions and assets throughout Technique & Consulting, Technological know-how, Functions, Field X and Accenture Song. These abilities, alongside one another with our culture of shared results and dedication to creating 360° worth, enable us to assist our shoppers thrive and build trustworthy, lasting relationships. We measure our good results by the 360° worth we develop for our clients, every other, our shareholders, partners and communities. Visit us at
About Virtonomy
Virtonomy GmbH was established in late 2019 by Dr. Simon Sonntag (CEO) and Wen-Yang Chu (CTO) in Munich, Germany, and develops a cloud-primarily based answer, enabling the ongoing digitalization of the design and style and execution phases of medical scientific tests for health care products employing electronic affected person twins based mostly on a significant sum of imaging, physiological and pathological information. The overarching aim is to use details-based electronic client twins to conclusion the have to have for animal and human testing throughout scientific reports. Virtonomy at present employs a workers of 15+ and combines knowledge from the fields of health care technological know-how, professional medical picture processing, synthetic intelligence as effectively as numerical simulation and visualization utilizing extended reality. For a lot more details, take a look at

# # #

Get hold of:
Julie Bennink
+1 312 693 7301
[email protected]
Copyright © 2023 Accenture. All rights reserved. Accenture and its brand are registered logos of Accenture.