--- title: Product Development and Compliance Blog | Cognition (3) description: Our blog navigates product development and compliance for the life science industry. Our solutions save time and money, delivering products with less risk. (3) --- [![Cognition Corporation Logo](https://blog.cognition.us/hs-fs/hubfs/Cognition+without+Tagline+Horizontal+Full+Color.png?width=500&height=500&name=Cognition+without+Tagline+Horizontal+Full+Color.png "Cognition Corporation Logo")](https://cognition.us/) [GET A DEMO](https://info.cognition.us/cognition-corporation-demo-request) - Categories** - Follow Us** - [Subscribe](https://info.cognition.us/subscribe-use-error-analysis-white-paper) - [**](http://www.twitter.com/cognitioncorp/) - [**](http://www.linkedin.com/company/cognition-corporation) Cognition Blog Our blog navigates product development and compliance for the life science industry. Our solutions save time and money, delivering products with less risk. [Subscribe](https://info.cognition.us/subscribe-use-error-analysis-white-paper) [![Blog Feature](https://cdn2.hubspot.net/hubfs/298890/blog-files/blog--cards-feature.png)](https://blog.cognition.us/webinar-on-demand-flexibility-support-risk-management) [Medical Device](https://blog.cognition.us/topic/medical-device) | [Product Development](https://blog.cognition.us/topic/product-development) | [Risk Management](https://blog.cognition.us/topic/risk-management) | [Webinar](https://blog.cognition.us/topic/webinar) ## [Webinar On Demand: Why Flexibility and Support Matter for Effective Risk Management](https://blog.cognition.us/webinar-on-demand-flexibility-support-risk-management) By: [David M. Cronin](https://blog.cognition.us/author/david-cronin) September 9th, 2022 Medical device development is a complex process, with a critical element focusing on risk management. The consequences of not managing risk properly can be catastrophic. 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Are You Considering the 4th Dimension in Product Development Data?](https://blog.cognition.us/space-and-time.-are-you-considering-the-4th-dimension-for-product-development) By: [Ansgar Liening](https://blog.cognition.us/author/ansgar-liening) June 15th, 2022 An introduction to how smart data utilizes information and actionable context to support business-critical decisions. 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Subscribe to the blog and get this guide for free [![Blog Feature](https://cdn2.hubspot.net/hubfs/298890/blog-files/blog--cards-feature.png)](https://blog.cognition.us/the-importance-of-managing-change) [cockpit](https://blog.cognition.us/topic/cockpit) | [Medical Device](https://blog.cognition.us/topic/medical-device) | [Compass](https://blog.cognition.us/topic/compass) | [Change Management](https://blog.cognition.us/topic/change-management) ## [No Room for Error: The Importance of Managing Change](https://blog.cognition.us/the-importance-of-managing-change) By: [Dale Gallaher](https://blog.cognition.us/author/dale-gallaher) October 19th, 2021 “The Only Constant in Life Is Change.”- Heraclitus Managing information goes straight to the heart of managing change. Why? Because without a rationale, checks and balances, evidence, and assurance of safety, information change – if left unchecked – can potentially lead to hazardous situations. This is especially critical in the intensely regulated medical device industry. 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Cronin](https://blog.cognition.us/author/david-cronin) September 28th, 2021 In the highly regulated world of medical device manufacturing, the relentless requirement to minimize and mitigate risk places a huge onus on design, development, and manufacturing teams. That’s why companies, large and small, are looking for software solutions to help ensure consistency and objectivity in the creation, auditing, and monitoring of critical risk management processes. [Read More](https://blog.cognition.us/three-key-questions-for-assessing-medical-device-risk-management-tools) Share ** - ** Close - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.cognition.us/three-key-questions-for-assessing-medical-device-risk-management-tools) - [**](https://twitter.com/intent/tweet?text=Three+Key+Questions+for+Assessing+Medical+Device+Risk+Management+Tools&url=https://blog.cognition.us/three-key-questions-for-assessing-medical-device-risk-management-tools&via=) - [**](https://plus.google.com/share?url=https://blog.cognition.us/three-key-questions-for-assessing-medical-device-risk-management-tools) - [**](https://www.linkedin.com/shareArticle?url=https://blog.cognition.us/three-key-questions-for-assessing-medical-device-risk-management-tools&title=Three+Key+Questions+for+Assessing+Medical+Device+Risk+Management+Tools&summary=Companies+need+software+to+help+ensure+consistency+and+objectivity+in+the+creation%2C+auditing%2C+and+monitoring+of+critical+risk+management+processes.) - [**](https://pinterest.com/pin/create/button/?url=https://blog.cognition.us/three-key-questions-for-assessing-medical-device-risk-management-tools&media=https://f.hubspotusercontent00.net/hubfs/250507/Risk-management.jpg&description=Companies+need+software+to+help+ensure+consistency+and+objectivity+in+the+creation%2C+auditing%2C+and+monitoring+of+critical+risk+management+processes.) - [**](mailto:?body=https://blog.cognition.us/three-key-questions-for-assessing-medical-device-risk-management-tools) [![Blog Feature](https://cdn2.hubspot.net/hubfs/298890/blog-files/blog--cards-feature.png)](https://blog.cognition.us/reusability-accelerating-with-data-duplication) [Medical Device](https://blog.cognition.us/topic/medical-device) | [Product Development](https://blog.cognition.us/topic/product-development) | [reusability](https://blog.cognition.us/topic/reusability) ## [Reusability: Data Duplication to Accelerate Medical Device Development](https://blog.cognition.us/reusability-accelerating-with-data-duplication) By: [Bradley Sylvestre](https://blog.cognition.us/author/bradley-sylvestre) September 14th, 2021 Key takeaway: The ability to reuse product data can dramatically reduce the time taken to design, gain regulatory approvals, and ultimately bring new medical devices to market. Time equates to money in any business, and in the world of medical device design and manufacturing, that can mean BIG numbers! Depending on the route taken, following FDA regulations, the average cost to bring a medical device to market through the Premarket Approval pathway is $94 million. The less intensive 510(k) process averages out at $31 million. 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Cronin](https://blog.cognition.us/author/david-cronin) August 17th, 2021 Using unstructured tools such as Word and Excel when doing risk management for medical devices could result in harm to a patient. Why? Because many medical devices are complex, with hundreds to thousands of inter-related design inputs/outputs, testing, and risk management data. Managing that amount of data manually is nearly impossible when using tools like Word and Excel... 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Particularly at pre-revenue, the CEO and leadership team must steward the capital responsibly and make tough decisions about where to invest – decisions that affect the company’s survival and success. [Read More](https://blog.cognition.us/medical-device-startups-smes-structured-data) Share ** - ** Close - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.cognition.us/medical-device-startups-smes-structured-data) - [**](https://twitter.com/intent/tweet?text=Top+3+Reasons+Med+Device+Should+Invest+in+Structured+Data+%7C+Cognition&url=https://blog.cognition.us/medical-device-startups-smes-structured-data&via=) - [**](https://plus.google.com/share?url=https://blog.cognition.us/medical-device-startups-smes-structured-data) - [**](https://www.linkedin.com/shareArticle?url=https://blog.cognition.us/medical-device-startups-smes-structured-data&title=Top+3+Reasons+Med+Device+Should+Invest+in+Structured+Data+%7C+Cognition&summary=The+delicate+balance+between+investing+and+cost-saving+at+a+venture-backed+startup+or+SME+is+challenging%2C+but+there+are+clear+benefits+to+structured+data.) - [**](https://pinterest.com/pin/create/button/?url=https://blog.cognition.us/medical-device-startups-smes-structured-data&media=https://f.hubspotusercontent00.net/hubfs/250507/hans-peter-gauster-3y1zF4hIPCg-unsplash.jpg&description=The+delicate+balance+between+investing+and+cost-saving+at+a+venture-backed+startup+or+SME+is+challenging%2C+but+there+are+clear+benefits+to+structured+data.) - [**](mailto:?body=https://blog.cognition.us/medical-device-startups-smes-structured-data) [![Blog Feature](https://cdn2.hubspot.net/hubfs/298890/blog-files/blog--cards-feature.png)](https://blog.cognition.us/cockpit-10-release-feature-roundup) [cockpit](https://blog.cognition.us/topic/cockpit) | [Cognition News](https://blog.cognition.us/topic/cognition-news) ## [Cockpit 10 Release: Feature Roundup | Cognition Corporation](https://blog.cognition.us/cockpit-10-release-feature-roundup) By: [Cognition Corporation](https://blog.cognition.us/author/cognition-corporation) February 15th, 2021 Giving customers more time to focus on developing great products. If you are part of a product development team, you know how tedious and time-consuming documentation can be to manage in various word or excel files. We set out to solve that problem over 10 years ago when we launched our solution, Cockpit. Our goal was to provide a unified and scalable environment to enable companies to structure data and automate processes for more efficient and accurate product development. 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