Parag Gupta, PhD

Managing Partner at Parix Enterprises LLC
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
Colleyville, Texas, United States, US
Languages
  • English Native or bilingual proficiency
  • Hindi Native or bilingual proficiency

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
You need to have a working account to view this content.

Experience

    • United States
    • Medical Equipment Manufacturing
    • 1 - 100 Employee
    • Managing Partner
      • Oct 2016 - Present

      Provide consulting services to companies such as Caterpillar, CDI, Hurco, Toyota, Kett Engineering, GLG, Boston Consulting Group, Lynk, Deloitte, Bain, Alpha Insights, ProSapient, Guidepoint, Maven, Zintro, VisaQ, OnFrontiers, Third Bridge, IvyExec, Caraballo etc. We provide consulting services in • Medical Device design & development, Verification & Validation • Consumer products, Metal cutting, Machine tools product design & development • Provide expert witness services to clients… Show more Provide consulting services to companies such as Caterpillar, CDI, Hurco, Toyota, Kett Engineering, GLG, Boston Consulting Group, Lynk, Deloitte, Bain, Alpha Insights, ProSapient, Guidepoint, Maven, Zintro, VisaQ, OnFrontiers, Third Bridge, IvyExec, Caraballo etc. We provide consulting services in • Medical Device design & development, Verification & Validation • Consumer products, Metal cutting, Machine tools product design & development • Provide expert witness services to clients who have injuries due to product failure • Evaluating companies and technology for acquisition and licensing • Guide companies in developing road map and strategic planning based on market trend • Guide companies in developing a plan to accelerate innovation • Guide companies in implementing cloud/cluster infrastructure/ Simulation software/ Computer Aided Engineering (CAE) to increase efficiency in product development from 30 % to 50% • Mechanical engineering & manufacturing processes • We also provide Expert Witness services to legal firms to support cases relating to product design, malfunction or failure Show less Provide consulting services to companies such as Caterpillar, CDI, Hurco, Toyota, Kett Engineering, GLG, Boston Consulting Group, Lynk, Deloitte, Bain, Alpha Insights, ProSapient, Guidepoint, Maven, Zintro, VisaQ, OnFrontiers, Third Bridge, IvyExec, Caraballo etc. We provide consulting services in • Medical Device design & development, Verification & Validation • Consumer products, Metal cutting, Machine tools product design & development • Provide expert witness services to clients… Show more Provide consulting services to companies such as Caterpillar, CDI, Hurco, Toyota, Kett Engineering, GLG, Boston Consulting Group, Lynk, Deloitte, Bain, Alpha Insights, ProSapient, Guidepoint, Maven, Zintro, VisaQ, OnFrontiers, Third Bridge, IvyExec, Caraballo etc. We provide consulting services in • Medical Device design & development, Verification & Validation • Consumer products, Metal cutting, Machine tools product design & development • Provide expert witness services to clients who have injuries due to product failure • Evaluating companies and technology for acquisition and licensing • Guide companies in developing road map and strategic planning based on market trend • Guide companies in developing a plan to accelerate innovation • Guide companies in implementing cloud/cluster infrastructure/ Simulation software/ Computer Aided Engineering (CAE) to increase efficiency in product development from 30 % to 50% • Mechanical engineering & manufacturing processes • We also provide Expert Witness services to legal firms to support cases relating to product design, malfunction or failure Show less

    • United States
    • Business Consulting and Services
    • 100 - 200 Employee
    • Executive Advisor
      • Jan 2021 - Present

    • United States
    • Motor Vehicle Manufacturing
    • 700 & Above Employee
    • Head R&D, Medical Devices, Digital Transformation & Mobility (Contract)
      • Sep 2018 - Nov 2019

      • Lead a team to launch a Toyota medical device company • Designed and Developed several electro-mechanical class II mobility devices • Lead a team to launch a Toyota medical device company • Designed and Developed several electro-mechanical class II mobility devices

    • Switzerland
    • Medical Equipment Manufacturing
    • 700 & Above Employee
    • Head Simulation- Product Design & Development
      • Jan 2015 - Sep 2016

      Responsible for leading simulation at Alcon and finding new areas where simulation would significantly accelerate product innovation and development processes. -- Work with product design group & delivery system group to accelerate going from several concepts to optimized design for new platforms. -- Ultrasert & Panoptix launched in one year which normally takes two to three years. Expected to produce 150 million of dollars of revenue in a year … Show more Responsible for leading simulation at Alcon and finding new areas where simulation would significantly accelerate product innovation and development processes. -- Work with product design group & delivery system group to accelerate going from several concepts to optimized design for new platforms. -- Ultrasert & Panoptix launched in one year which normally takes two to three years. Expected to produce 150 million of dollars of revenue in a year --Work with testing group to develop fixtures and instrumentation, to automate data collection which is needed to build better simulation models --Work with all acquired companies to develop new products to be launched in the market place. --Work with process group to optimize processes to improve yields Work with Google to guide the design & simulation of Google X contact lens as well as IOL with glucose sensor- a multi-Billion dollar market. Support simulation needs of Surgical R &D as well as manufacturing sites in Huntington & Cork Work with external companies/universities to develop new technology for accomodative IOL, next generation delivery system, breakthrough technology, cryogenic machining, etc. Determine the hardware, software and resources needed to enhance our simulation infrastructure so that it can be used for both product and process optimization. Developed road map for global Alcon to use simulation results for submission to FDA for design verification. This would save 85 days & $9 million per launch Developed the right mix of internal clusters and external cloud to increase high performance computing efficiency at a lower cost. This would accelerate the design-simulation loop. Co-authored a patent Accommodative, curvature changing intraocular lenses United States 20160157996 Working with Ansys to develop an enterprise contract for using Ansys software across 5 sites of Novartis.

    • Director, Surgical Device Research
      • Dec 2011 - Dec 2014

      Hired to improve product development process (PDP) & Innovation. Improved PDP by 30% & Innovation by 9X Collaborated with other companies and universities to develop new breakthrough technology with a market potential of more than billion dollars per year. Performed value stream mapping & gap analysis of IOL R & D process from concept to launch & determined how to reduce total time by an average of 30% for incremental projects and identified areas where new… Show more Hired to improve product development process (PDP) & Innovation. Improved PDP by 30% & Innovation by 9X Collaborated with other companies and universities to develop new breakthrough technology with a market potential of more than billion dollars per year. Performed value stream mapping & gap analysis of IOL R & D process from concept to launch & determined how to reduce total time by an average of 30% for incremental projects and identified areas where new technology can be implemented. Supported 2X initiative to double the number of products in the pipeline. Team filed 18 patent applications for next generation IOL. Took the initiative to collaborate with Irvine Technical Center and created FEA Center of Excellence so that we can leverage expertise in FEA across both divisions. Responsible for leading research, design, simulation, prototyping & development from concept to launch of all intraocular lens (IOL) and support after launch.. Successfully integrated three independently operating product development groups into a cross- Functional (Mechanical, Electronics, Materials, Surgical, Biology & Bio-Medical) highly efficient single unit capable of developing a wide range of products spanning from incremental to breakthrough products. Tripled team size to 18 FTE (PhDs, 3 Associate Directors & Engineers Achieved 100X improvement in computational speed by building a 128 core high performance computing cluster. Working on implementing cloud computing to further improve speed. Team filed 18 patent applications, Co-authored 2 patent application Winner of "Spend Smart Challenge". My idea was selected among 1000 + ideas submitted by Novartis employees all across the globe. Idea will save the company $2 Million per year Represented Alcon on expert panel at Ansys symposium on Advanced Material System in 2013 in Arlington, TX Presented " Simulation Driven Engineering at Alcon IOL R&D" at 2014 IEEE symposium on Medical Devices in Richardson, TX

    • United States
    • Medical Equipment Manufacturing
    • 700 & Above Employee
    • Principle Engineer
      • Nov 2001 - Dec 2011

      Implemented simulation across all 12 divisions of Stryker resulting in 50% improvement in Product Development Process and $135 Million in annual cost savings. Implemented Ansys Mechanical, Ansys explicit STR, Ansys design modeler, Ansys design explorer, Ansys Fatigue, Ansys Structural, Ansoft, LS Dyna, CFDesign, ProMechanica, Motorsolve and Moldflow across several divisions of Stryker. Helped all divisions of Stryker in buying suitable FEA software / hardware and training… Show more Implemented simulation across all 12 divisions of Stryker resulting in 50% improvement in Product Development Process and $135 Million in annual cost savings. Implemented Ansys Mechanical, Ansys explicit STR, Ansys design modeler, Ansys design explorer, Ansys Fatigue, Ansys Structural, Ansoft, LS Dyna, CFDesign, ProMechanica, Motorsolve and Moldflow across several divisions of Stryker. Helped all divisions of Stryker in buying suitable FEA software / hardware and training engineers. Responsible for Global Stryker simulation. Increased number of FEA users form 2 to 150+ resulting in $135 million in annual cost savings. In 2008, Our simulation team was one one of the 3 teams nominated for synergy award within Global Stryker ( 20000 employees). Created global FEA team at India Tech Center, Gurgaon, India. This teams works on projects from all divisions of Stryker. Started the India Tech Center with with few people and now Tech Center is considered a division of Stryker with more than 500 + employees. Designed and launched system 5 sag saw in a record breaking 6 months instead of 2 years which resulted in 80% increase in performance whereas the norm was 3-4% improvement annually. I was responsible for managing a team of 40 people. It is still the highest revenue earner ( $60 million ) product for Stryker instruments. Worked on design and simulation of 200+ products such as neuromodulator, surgical saws, drills, cement mixer, waste management, spine inserter, medical bed, stretcher, implants for hip, knee, pulsed irrigation, bone mill, high speed drill etc. Patent Dual cut Surgical Saw Blade” Parag Gupta & Mag O Keefe, Patent application 20060272468 submitted December 7th 2006 Show less Implemented simulation across all 12 divisions of Stryker resulting in 50% improvement in Product Development Process and $135 Million in annual cost savings. Implemented Ansys Mechanical, Ansys explicit STR, Ansys design modeler, Ansys design explorer, Ansys Fatigue, Ansys Structural, Ansoft, LS Dyna, CFDesign, ProMechanica, Motorsolve and Moldflow across several divisions of Stryker. Helped all divisions of Stryker in buying suitable FEA software / hardware and training… Show more Implemented simulation across all 12 divisions of Stryker resulting in 50% improvement in Product Development Process and $135 Million in annual cost savings. Implemented Ansys Mechanical, Ansys explicit STR, Ansys design modeler, Ansys design explorer, Ansys Fatigue, Ansys Structural, Ansoft, LS Dyna, CFDesign, ProMechanica, Motorsolve and Moldflow across several divisions of Stryker. Helped all divisions of Stryker in buying suitable FEA software / hardware and training engineers. Responsible for Global Stryker simulation. Increased number of FEA users form 2 to 150+ resulting in $135 million in annual cost savings. In 2008, Our simulation team was one one of the 3 teams nominated for synergy award within Global Stryker ( 20000 employees). Created global FEA team at India Tech Center, Gurgaon, India. This teams works on projects from all divisions of Stryker. Started the India Tech Center with with few people and now Tech Center is considered a division of Stryker with more than 500 + employees. Designed and launched system 5 sag saw in a record breaking 6 months instead of 2 years which resulted in 80% increase in performance whereas the norm was 3-4% improvement annually. I was responsible for managing a team of 40 people. It is still the highest revenue earner ( $60 million ) product for Stryker instruments. Worked on design and simulation of 200+ products such as neuromodulator, surgical saws, drills, cement mixer, waste management, spine inserter, medical bed, stretcher, implants for hip, knee, pulsed irrigation, bone mill, high speed drill etc. Patent Dual cut Surgical Saw Blade” Parag Gupta & Mag O Keefe, Patent application 20060272468 submitted December 7th 2006 Show less

Education

  • Iowa State University
    Doctor of Philosophy - PhD, Mechanical Engineering
  • University of Manitoba
    MS, Mechanical Engineering
  • Indian Institute of Technology, Kharagpur
    BS (honors), Manufacturing Science and Engineering

Community

You need to have a working account to view this content. Click here to join now