Monday, 26 May 2008

Frost & Sullivan Hosts Annual ICT Awards

Frost & Sullivan hosted its annual ICT (information and communications technology) awards for the fifth year running last Friday at the St. Regis in Singapore.

The Awards seek to recognise companies and individuals that have pushed the boundaries of excellence - rising above the competition and demonstrating outstanding performance in the ICT industry across the region for base year 2007.

This year, the awards saw both global as well as emerging companies claiming the 29 coveted titles offered within four distinct categories – enterprise vendors, telecom vendors, service providers and the best of the best.

“While Asia Pacific continues to be one of the fastest growing ICT markets globally, the diversity of the region entails customised strategies for success in each given country. A focus on innovative business models to suit emerging economies; strategies for new revenue streams through service bundling and blending in developed economies; and the increased focus on market segmentation in mature sectors have been some of the common themes across this year’s award recipients,” said Nitin Bhat, Asia-Pac Senior Vice President for the ICT Practice at Frost & Sullivan.

Among the celebrated recipients who took home more than one award were Huawei Technologies, Avaya, Alcatel-Lucent and Telstra.

Huawei received the prestigious Vendor of the Year Award along with Broadband Equipment Vendor of the Year, while Avaya clinched two awards for Contact Center Applications Vendor of the Year as well as Enterprise Telephony Vendor of the Year.

Alcatel-Lucent repeated its feat of bagging the NGN Infrastructure Vendor of the Year title for the fourth time, in addition to being named the Optical Vendor of the Year. Mr. Solomon Trujillo, CEO of Telstra was selected as the CEO of the Year in the Service Provider category. Telstra also received the Wireless Data Service Provider of the Year Award.

Nominations are made by a team of Frost & Sullivan experts based on the companies’ actual market performance indicators. Measurement criteria include revenue growth, market share and growth in market share, leadership in product innovation, breadth of products and solutions, major customer acquisitions, subscribers and growth in subscriber base, ARPU (average revenue per user) and growth in ARPU, data strategy and next generation service strategy.

Click here to get the complete list of the 2008 Frost & Sullivan Asia Pacific ICT Awards winners.