Here at Traklight we like to pride ourselves on understanding the needs of our clientele. Even though we can’t deliver on each and every need we sure can point you in the right direction. That is the focus of our Spotlight posts. We will regularly be spotlighting a stellar company from our IP Cloud and providing you the best and most affordable way to make your business a success. So don’t forget to regularly check in for updates or go to our IP Cloud to look around yourself!
Phoenix Analysis and Design Technologies Inc. (PADT) is an Arizona based company that helps its’ clients deliver better product at less production cost in a shorter time period. In recent time the crowd-funding phenomenon has giving innovation a boost and everyone with a great idea can reap the rewards of their creation without having to be concerned about funding. But the issue this creates is that previously when innovators wanted funding they had to present business plans and cost and risk assessments, but now they do not. Without proper experience despite having a good product, and no one to guide them, the inventor ends up losing both money and reputation. There are so many stories regarding delayed or cancelled projects on Kickstarter® alone.
PADT is in the business of helping companies large and small make innovation work for physical products. Through the application of simulation, product development, and prototyping, PADT works with inventors to solve tough engineering problems and take their ideas from concept to working products. They are probably best known by inventors for their wide ranging prototyping services.
Lack of foresight in terms of development and product costs can lead a company to ruin. Unfulfilled orders, miscalculated profits and excessive delays in production all present a shoddy image of a company. But making mistakes are to be expected when doing something for the first time, as is the case with most fledgling start-ups. We understand experience is gained over time but the cold hard truth is that consumers rarely give second chances.
One of PADT’s most popular programs, and rightfully so, is the ‘Product Development Assessment’ for start-ups. PADT’s experienced engineers will evaluate clients’ products and prepare reports that will cover everything from outline requirements, cost of material and manufacturing estimates to conceptual sketches and risk assessments. Innovators can rest easy because the people at PADT work with multinationals to start-ups and know that one size does not fit all. They tailor make assessments based on the clients’ needs and attainable goals.
A concern a prospective innovator may have is whether PADT has any expertise in the field of their invention. A popular saying PADT engineers believe in is “Parts is parts”. The same set of skills used to design medical equipment come in handy while designing things as dissimilar as jewelry and toy packaging. The varieties of projects they handle are diverse and PADT engineers definitely have a way to analyze and make each and every product a homerun. But you don’t have to take our word for it; you can contact a lead engineer at PADT so you can discuss your needs and options available. Log on to their website to set up an appointment or check out our IP Cloud where they are listed.
The official website of PADT is: www.padtinc.com
Want to learn more about crowdfunding? Check out the 'Practice Safe Crowdfunding' seminar.
When: Thursday June 13, 2013 from 11:30 AM to 1:30 PM
Where: Center for Entrepreneurial Innovation
275 N GateWay Drive
Phoenix, AZ 85034
How: Register here
to attend or watch the event streaming live!