Product Manager

Novanta•Sarasota, FL

4d•$116,550 - $186,480

About The Position

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what’s possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing. Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta. Summary The Product Manager is responsible for the full lifecycle of IoT products or product groups, from initial concept through to discontinuation. Guided by market needs and customer insights, they define product requirements and ensure all necessary documentation is created in line with regulatory and product management standards. Success in this role depends on strong collaboration and alignment across departments—including R&D, upstream marketing, sales, and operations—to drive innovation, ensure execution, and deliver customer value.

Requirements

5+ years of product management experience specifically in IoT and Saas products
Requires experience defining pricing strategy - revenue & gross margin for a product or product group
Travel by public transportation including train and airplane on demand
Passport for international travel (customer & internal meetings)
Mobility to work in a standard office setting and to use standard office equipment, including a computer.

Responsibilities

Identify opportunities for new IoT/SaaS products or improvements by analyzing market research and feedback from customers, stakeholders, and internal teams.
Accountability for revenue & gross margin for a product or product group
Create product concepts, roadmaps, and strategies for IoT and SaaS offerings, including development of new SaaS business models.
Create and own NPVs, contribute to phase gate processes, and prepare product requirement documentation.
Collaborate with Upstream Marketing for Value Proposition, Pricing, Product Positioning and Mid-term Portfolio Strategy to build business cases for New Product Introduction
Prioritizing product features based on customer feedback and business value
Coordinate cross-functional teams and collaborate with customers, Upstream Marketing, Sales and R&D
Executing Product Lifecycle management and competition analysis for IoT offerings
Monitor the performance of IoT products, using data analytics tools and methods
Ensure compliance with applicable regulations and standards for IoT products
Strict compliance with the quality, occupational safety and environmental regulations.
Implementation of the instructions of the quality / environmental management representative and the occupational safety specialist.