Align Technology Inc

Posted by dimisor on November 24th, 2022

Align Technology is an American manufacturer of 3D digital scanners and Invisalign clear aligners. The company is headquartered in Tempe, Arizona. The company also manufactures aligners in Juarez, Mexico, and scanners in Israel and China. Read on to learn about the latest innovations in orthodontic technology.

Invisalign braces

Align Technology's Invisalign braces are a clear, removable alternative to traditional braces. They look like a regular mouth guard and are less noticeable than conventional braces. The system was not created overnight, and it took years of research and development before it was made available for sale to the public. Today, Align Technology produces Invisalign braces and has annual revenues in the hundreds of millions of dollars.

Invisalign treatment begins with a detailed examination and assessment. Then, using proprietary software, digital models of the teeth are reconstructed. These models are then collated into a three-dimensional model that the practitioner can review and adjust. After each phase of treatment, the patient will change to a new set of aligners cybernetoday.com.

The technology allows the dentist to offer patients a much more flexible treatment schedule, reducing office visits. In addition to eliminating the need for metal braces, the technology is more affordable. Invisalign braces align technology is also more convenient and comfortable. Most patients prefer this system over metal braces.

Align's international expansion plans are underway. China is the second-largest market after the U.S., and it is there that the company plans to focus most of its efforts. The company is expanding in tier 2 cities in China and building production facilities in the country. Furthermore, it has formed partnerships with public and private hospitals, as well as key universities.
iTero scanners

Align technology has partnered with Renew Digital to distribute its iTero scanners through its distribution channel. Renew has a long history of success selling dental imaging products through direct channels, and has successfully distributed the iTero Element Flex Foundation Certified Pre-Owned intraoral scanner.

Align Technology is a leading global medical device company that designs and manufactures products for dentists, including the Invisalign clear aligner system and iTero intraoral scanners. The company's technology building blocks are designed to enable enhanced digital orthodontic and restorative workflows, helping dentists improve patient outcomes. The company has over two hundred and thirty four thousand customers and is a leading player in the dental additive manufacturing space.

The iTero Element 2 has a new cradle position that is more convenient and ergonomic for patients. Previous versions had a cradle that was situated on the side of the screen. The new position has been well received by evaluators, who praised its ease of use and accuracy. It is also easy to clean. This makes it an excellent tool for any doctor's office.

The iTero Element 5D imaging system is now commercially available in the United States. This system is designed to capture 3D data, intraoral color photos, and NIRI images and enables patients to compare and analyze the results over time. It is approved for use in the United States by the U.S. Food and Drug Administration and is used by dentists in a number of offices.
CAD/CAM

Align Technology has added connectivity to its iTero intraoral scanner and will expand its CAD/CAM workflow options. The new connection allows the use of a wider range of CAD/CAM and same-day crown options. This new capability also gives dental practices greater flexibility in their work flow.

The company is also looking at expanding its digital platform to make dental workflow more convenient. The acquisition of Exocad will help Align Technology to expand its digital dental platform and make it easier for dentists. Exocad has a global customer base of partners and resellers in 150 countries, and is focused on offering integrated digital workflows for dental labs.

Align and exocad have been working together since 2017. Together, they created an integrated CAD/CAM workflow to mill dental restorations on compatible milling machines. They also announced a new exocad Connector at the Chicago Midwinter Meeting 2020. The Exocad Connector will work with both Align's iTero intraoral scanner and exocad's exocad CAD/CAM software.

Align Technology recently acquired exocad for EUR376 million. The acquisition will add more than 35,000 licenses and almost 200 partners to Align Technology. The deal is expected to close in the second quarter of 2020. Goldman Sachs & Co. LLC and UBS Investment Bank will serve as financial advisors to Align.
Cloud-based apps

Align technology is used to build consumer-facing applications, including corporate websites and product sites. These applications are used by thousands of consumers every month, and require regular updates. These updates can be large iterations, or small changes to individual documents. These changes can be complex and time-consuming for IT developers and business teams.

Align uses the Salesforce Lightning Platform to build its apps, which are integrated with Sales, Service, and Health Cloud. For example, Align's custom sales app helps sales representatives manage their relationships with Invisalign doctors. The doctors' app, meanwhile, gives doctors a central location to track patient information. These patient-facing apps are built on Heroku, a cloud-based app platform powered by Salesforce Lightning Platform.

Align Technology needed a way to better organize and communicate with its growing network of doctors and orthodontists. These professionals are their biggest assets, so they needed a tool to organize their schedules, communicate with their patients, and stay organized. With eightninety, they were able to build a custom solution that will power Align's Global Education Team for the next decade.

The Chinese term for align is "Dui Yu" and it means align. The technology has several uses, including invoicing, inventory, and more. It has also been used to build a mobile app, and it can help you manage your business. It has been used in the healthcare industry for years. The benefits are numerous and include improved user experience, lower cost, and streamlined collaboration.
Foreign currency exchange rates

Foreign currency exchange rates had a dramatic impact on Align Technology's Q2 revenue, reducing it by .9 million year over year. The largest negative impact was on sales of Align's clear aligners, which fell by .3 million in constant currency terms. The company also experienced a .9 million reduction in revenue from its imaging systems and CAD/CAM services.

Foreign currency exchange rates fluctuate due to a variety of factors. In most cases, monetary flows and expectations for future changes in them are responsible for fluctuations. Changes in inflation, interest rates, and GDP growth all affect the exchange rate. Large banks have the advantage of knowing how their customers are ordering their products, which may influence exchange rates.
Shares in decline

Shares of Align Technology are down this week after the company released its first-quarter results. The company's revenue fell 12.4% year over year, and its earnings fell below Wall Street analyst expectations of .18. Despite these disappointing results, the stock remains on track to make its fourth straight weekly gain.

Investors may be worried about Align Technology's lack of progress, but there are some factors that could justify its share price decline. One reason could be the jitters in the broader market. In addition, the company's shares have declined on an annual basis for five years. This long-term share price weakness is a warning sign. In addition, contrarian investors may want to check whether insiders have been buying the stock.

While the stock continues to experience weakness, Align's operating income is also on a downward trend. The company's Q1 2022 operating income was only 8.1 million, a -12.1% quarter over quarter. Additionally, the company is also experiencing foreign exchange rate fluctuations and the ongoing Russia-Ukraine conflict. Moreover, the company's revenue is generated in other countries, which makes it susceptible to fluctuating foreign exchange rates.

The company's EPS and share price have consistently declined since 2010. Align Technology's EPS has dropped by almost 11% over the past year, which is more than double the decline in share price. The lack of growth in EPS has made investors cautious, and that has caused the shares to decline in value.